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READING, PA – Penske Truck Leasing Co., L.P. announced that it has completed a series of transactions that include $700 million of new equity investments from its existing partners, Penske Corporation, Penske Automotive Group and General Electric Capital Corporation, and a new $1.0 billion five-year unsecured senior credit facility with a group of 17 financial institutions.
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The Workhorse Group — with its electric truck and a drone delivery system — is among the 15 companies qualified by the U.S. Postal Service as potential suppliers of its next-generation delivery vehicle.
Read More →Ram Trucks has introduced the 2014 Ram Power Wagon, a 2500 Heavy Duty-based work truck with enhancement designed for off-road work, Chrysler has announced. It will be shown at the New York International Auto Show later this month.
Read More →Ram Truck manufacturing operations can fulfill special paint orders with a minimum batch size of 10 trucks, although any one customer may order as few as a single vehicle.
Read More →GMC will offer a Denali package for its 2017 Canyon mid-size pickup starting in late 2016, GMC announced at the Los Angeles Auto Show.
Read More →A new report published by the National Insurance Crime Bureau examines recent trends concerning various auto crimes including stolen vehicles, catalytic converter thefts, carjackings, and fuel theft.
Read More →Work Truck wants to know your preferences, needs, and challenges related to vocational fleet upfits.
Read More →Toyota has released an image of a grille from its Tacoma mid-size pickup and announcement that it's planning a "hot debut" at the Chicago Auto Show.
Read More →PHOENIX - Fleetwest Transferable Truck Bodies has started delivering a new product for its Load'N'Go line - the industry's first fully removable and transferable, full size, steel utility body - the Lowboy.
Read More →This week, we’re digging into EV charging pilots, leadership insights from a fleet pro, and how to prep your trucks before winter fuel issues hit. Plus, Stellantis makes a big call on hydrogen.
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