Navistar posted net income of $156 million for the third quarter compared with earnings of $170 million in the same quarter a year earlier.
Fuel cell truck developer Nikola Motor will partner with truck and powertrain giant CNH Industrial for ongoing development. CNH will lead Nikola’s $1 billion investment drive.
The money-losing Postal Service is again delaying award of a $6.3 billion contract to build its long-anticipated fleet of new mail trucks.
Economic and population growth will push annual freight revenue past $1.6 trillion a decade from now, according to new projections from the American Trucking Associations.
Navistar says the truck industry must adopt same - delivery, real-time inventory data and predictive stocking - technologies pioneered by e-commerce.
GM and Ford are offering the lowest interest rates on financing for new SUVs. Lexus, Land Rover and Infiniti also have sales on their premium SUVs.
The best discounts on full-size trucks this Labor Day weekend are on the GMC Sierra 1500 and Ram 1500, but Nissan and Toyota are also offering big deals.
Subaru makes dogs the centerpieces of its advertising and sales, even conducting canine crash tests.
An improved lineup of new trucks is helping Navistar recapture lost sales and market share. Now it will retool customer service.
Buyers can take advantage of low financing rates and lease payments this month on some of the most popular pickup trucks.