International News

CNHI-IVECO ANNOUNCES INVESTMENT IN NIKOLA

Truck maker Iveco’s parent company CaseNewHolland Industrial (CNH Industrial) has signed on to invest approximately $AUD370 million or about $US250 million in next gen hydrogen truck maker, Nikola and will lead the Series D investment in [...]

IVECO PARENT SHAPES FOR MAJOR RESTRUCTURE

Iveco trucks parent company CNH Industrial has announced it plans to split its ‘On-Highway’ and ‘Off-Highway’ assets within the next 18 months once it gains sharholder approval. The proposal is part of a strategy it is [...]

TESLA SEMI SPOTTED OUT ON THE ROAD AND TESTING

A Tesla Semi electric truck prototype has been spotted doing some range tests with an almost full load of 34 tonnes (75,000 lbs), and its test driver says that  it met or even “exceeded”  its range [...]

UPS BUYS INTO AUTONOMOUS

UPS has announced  that its venture capital arm has made a minority investment in an autonomous vehicle start up, and that it has been trialling autonomous trucks  to deliverer parcels to customers in Arixzona. UPS announced [...]

NORTH AMERICAN TRUCK SALES FIGURES LOWEST SINCE GFC

Preliminary orders for Class 8 heavy duty trucks in North America have fallen below 10,000 units in July, for the first time since 2010. It has been reported that orders of just 9,800 units were inked, [...]

PROTERRA TO SELL ELECTRIC DRIVETRAINS TO HEAVY DUTY TRUCK MAKERS

US based electric bus specialist Proterra says it has plans to provide drivetrains it uses for its buses to builders of other heavy-duty vehicles and trucks. The company has launched a new venture, a Proterra Powered, [...]

PACCAR ANNOUNCES NEW VICE PRESIDENT OF KENWORTH IN USA

Paccar in the US has announced the appointment of Kevin Baney as vice-president of Paccar and general manager of the Kenworth Truck Company. Baney has worked with Paccar for a quarter century having served for nearly [...]

STELLAR RESULT FOR SCANIA 

Scania has announced that it has returned a stellar first half result for this year revealing it had increased its net sales to a record high equivalent to $AUD 11.75 billion (SEK 77.3 billion) for the [...]

PACCAR POSTS RECORD PROFITS AND REVENUES AGAIN

A strong world truck market has helped US based truck making ground Paccar to record impressive growth in profit and record revenues for  the second quarter of 2019. The parent company of Kenworth and DAF as [...]

VOLVO CONNECTS WITH SAMSUNG IN BATTERY DEAL

The Volvo Group has announced it has entered into a strategic alliance with  South Korean battery maker Samsung SDI to develop battery packs for the Swedish company’s electric trucks. The two companies said in a joint [...]