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Based on its current forecast, Cummins projects full year 2023 revenues to be up 12 to 17%, and EBITDA to be in the range of 14.5 and 15.2% of sales. The company plans to continue to generate strong operating cash flow and returns for shareholders.

The first model of the Canter was launched in Japan in 1963. Since then, more than 4.5 million FUSO Canters have been produced worldwide. In 2017, FUSO launched Japan's first mass-produced electric truck in the light commercial vehicle segment, the eCanter.

Deutz and Daimler Truck have recently signed agreements giving Deutz access to Daimler engines by end of the decade. On the other hand, Daimler Truck will hold 4.19 percent of the issued capital of Deutz AG.

Arrival has previously announced its plan to refocus its resources on the development of its US Van product, which the company currently expects to start production in Charlotte in 2024, subject to raising additional capital. The company had to make the harsh decision to the difficult decision to re...

The German company’s proprietary solar technology is integrated into other manufacturers’ vehicles, such as trucks, trailers, buses, and RVs. It provides power to various vehicle systems, reducing CO2 emissions and fuel consumption.

The overall sales of the brands belonging to the TRATON Group overcame for the first time 300,000 units (+12%), including trucks, buses and vans. Incoming orders declined by 7%. Scania, MAN, Volkswagen C&O fell by 6 to 10%, Navistar sold almost 70,000 trucks.