Daimler Trucks To Acquire Majority Stake In Torc Robotics

Torc Robotics will retain its location, name and team members while working closely with Daimler Trucks research and development teams, especially in North America. Acquisition will create a unique player in the automated vehicle space.

Volvo upends US manufacturing plans in reaction to China tariffs

The S60s built in Charleston will no longer ship to The Middle Kingdom.

Boeing says it will cut 737 MAX production by 20 per...

Starting mid-April, production will be cut to 42 airplanes per month from 52, the company said on Friday, but Boeing said that it does not plan any layoffs due to the reduction in output.

Hopes Ride On Ford’s 2020 Explorer, A More Truck-like SUV For...

Ford Explorer is one of the automaker's best-known models -- and one that plays a key role helping to transition from cars to crossovers, trucks and SUVs.

Fiat Chrysler recalls over 660,000 heavy-duty Ram trucks over steering failures

Fiat Chrysler is recalling over 660,000 heavy-duty trucks worldwide because a loose nut can cause a loss of steering control. The recall covers Ram 3500 pi

Statement by American Honda Regarding Recall of Takata Desiccated Replacement Driver...

American Honda will voluntarily recall approximately 1.1 million Acura and Honda vehicles in the United States to replace, for free, Takata desiccated replacement driver front airbag inflators that may rupture if an airbag deploys in a crash.

U.S. Durable Goods Orders Tumble 2.1% In April | Markets Insider

(RTTNews) - After reporting a notable rebound in new orders for U.S. durable goods in the previous month, the Commerce Department released a report o

Gardner Denver to merge with Ingersoll-Rand division: WSJ – Reuters

Industrial machinery maker Gardner Denver Holdings Inc is nearing a deal to merge with a division of Ingersoll-Rand Plc, creating a business that would have an enterprise value, including debt, of about $15 billion, The Wall Street Journal reported on Sunday.

Fiat Chrysler Plans To Invest $4.5 Bln In U.S., Create About...

Fiat Chrysler Automobiles N.V. (FCAU) confirmed plans to invest a total of $4.5 billion in five of its existing Michigan plants, and to work with the city of Detroit and state of Michigan on building a new assembly plant within city limits.

U.S. Homebuilder Confidence Unexpectedly Improves In January

Homebuilder confidence in the U.S. has unexpectedly improved in the month of January, according to a report released by the National Association of Home Builders on Wednesday.