Class 8 Truck Orders See a Shift: Analyzing the Current Market Trends
The North American Class 8 truck market is witnessing a significant shift from the previous year’s surge in orders. According to the latest data from ACT Research, orders for Class 8 trucks in October experienced a notable decline of 24.9% compared to the same period last year. This drop, though steep, aligns with industry expectations […]
Kenworth Announces Major Recall Over Seat Belt Safety Concerns
Safety Recall for Kenworth Trucks Kenworth, a renowned truck manufacturer, has issued a significant recall affecting over 3,800 trucks across 15 different models. This recall, which spans model years 2018-2024, addresses a critical safety issue related to seat belts, a key component in ensuring driver safety. Details of the Recall The recall specifically targets the […]
Peterbilt Unveils a New Star: The Model 589 Low-Roof Sleeper
A Surprise Reveal at Texas Motor Speedway At a recent customer event focused on vocational trucks and the new Model 579EV electric vehicle, Peterbilt had a surprise up its sleeve. Jake White, Peterbilt’s director of product marketing, delighted attendees with an unexpected reveal: the new Model 589 low-roof sleeper. The New Model 589: A Blend […]
Volvo Group’s Strategic Acquisition: Bolstering its Battery-Making and Charging Capabilities
In a significant development within the electric vehicle industry, Swedish truck maker Volvo Group is set to acquire the battery-making and charging assets of Proterra Inc., a company that recently declared bankruptcy, for $210 million. This acquisition marks a pivotal step for Volvo Group in enhancing its capabilities in the electric vehicle sector. Volvo Battery […]
