Daimler AG and Beijing Automotive Group (BAIC) will deepen their strategic partnership: according to a recently signed binding agreement Daimler AG will invest a 12 percent stake in BAIC Motor.
Read More →AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited (DFG) to acquire 45 percent of a new subsidiary of DFG, Dongfeng Commercial Vehicles (DFCV).
Read More →Group 1 Automotive, Inc., a Fortune 500 automotive retailer, announced that it has entered into a definitive agreement to purchase 100 percent of the outstanding shares of UAB Motors Participacoes S.A., one of Brazil's largest automotive retailers.
Read More →LeasePlan Romania reported, at the end of third quarter, earnings of 28.5 million Euro, 30 percent more than in the same period from 2011. It has invested 37 million Euro in 2012 for vehicle acquisition.
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Use of aluminum in light vehicles is anticipated to increase 60 percent by 2025, reducing vehicle weight and increasing safety.
Read More →ARLINGTON, VA – The annualized linehaul driver turnover rate at large truckload fleets remained over 100 percent for the second straight month, and the churn at smaller truckload carriers rose to a five-year high, according to American Trucking Associations' (ATA) Trucking Activity Report.
Read More →The awards recognize vehicles that ALG forecasts will retain the highest percentage of MSRP after a three-year period.
Read More →ARLINGTON, VA – The American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 3.8 percent in October after falling 0.4 percent in September.
Read More →ATLANTA – LexisNexis Risk Solutions announced the results of the third annual LexisNexis Commercial Driver Safety Report: Industry Insights, Analysis and Trending, designed to help trucking companies hire drivers smarter.
Read More →Road fatalities dropped 26% from 2005 to 2011 but are up 8% over the first seven months of this year, based on estimates from the National Safety Council, reported Michael Sivak, research professor at the U-M Transportation Research Institute.
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