Business

Outlook and Benchmarking
Texas dealer earns Thermo King's top honor
Thermo King Corporation recently presented its prestigious 2020 North America Dealer of the Year award to Thermo King Amarillo. The award was the culmination of the company’s annual Thermo King Americas dealer principal meeting held virtually last month.
March 3, 2021
Tk%20 Amarillo
Mergers & Acquisitions
Commercial Vehicle Group partners with electric manufacturer
Commercial Vehicle Group (CVG) has announced a partnership with leading state-of-the-art commercial electric vehicle manufacturer Xos, Inc. to develop sustainability initiatives that champion innovation and best-in-class solutions for growing macro-trends
March 3, 2021
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Home
Navistar approves Volkswagen buyout
Dialogue between Navistar and Volkswagen – which also operates the MAN and Scania business units in Europe and abroad – began in 2015.
March 2, 2021
Dialogue between Navistar and Volkswagen – which also operates the MAN and Scania business units in Europe and abroad – began in 2015 on opportunities to synergize and strengthen each company, culminating in Volkswagen’s investment.
Finance
CVSN holding webinar to showcase tax credits available in stimulus bill
The Commercial Vehicle Solutions Network (CVSN) will hold a webinar at 2 p.m. ET, March 11, with CPA Gene Marks that will address potential tax credits available to small businesses in the COVID-19 stimulus bill.
March 2, 2021
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Business operations
Building cohesive pricing strategies key to parts distributors’ e-commerce success
To have a functional, flexible and comprehensive pricing matrix in today’s aftermarket, distributors must also be masters of their digital footprints.
March 2, 2021
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Mergers & Acquisitions
Daimler, Volvo finalize terms for joint venture for commercial fuel-cell development
The joint venture will develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications.
March 1, 2021
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Mergers & Acquisitions
Dana acquires business to support e-propulsion technology efforts
The acquisition of Pi Innovo enables Dana to increase its in-house electrodynamics capabilities and electrification product portfolio by adding a strong library of turn-key electric vehicle application software, vehicle level controllers.
March 1, 2021
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Outlook and Benchmarking
Milestone year for Kenworth Sales Company concludes with OEM accolades
Kenworth Sales Company earns OEM dealer of the year honor, more than 20 other Kenworth dealers also honored for market excellence during the company's recent dealer meeting.
March 1, 2021
Kenworth Sales Company was named the 2020 Kenworth Dealer of the Year during the OEM's dealer meeting in February.
Outlook and Benchmarking
Paccar Parts honors its best dealers across Kenworth, Peterbilt networks
Paccar Parts recently named its top parts and service dealers and TRP all-makes dealers the for Kenworth and Peterbilt brands during each organization's virtual dealer meetings in February.
February 26, 2021
Paccar Parts
Outlook and Benchmarking
Nikola outlines objectives in Q4, full year 2020 earnings report
“In the fourth quarter of 2020, Nikola made the necessary changes to refocus and realign the company," says Nikola CEO Mark Russell.
February 26, 2021
Nikola Two8
Business
Randall-Reilly appoints Matt Reilly as new CEO
Matt Reilly is a three-time CEO who brings more than 25 years of relevant experience in technology and business services to his new role. Most recently, he led a data science company in the marketing technology industry.
February 25, 2021
Matt Reilly
Outlook and Benchmarking
Allstate Peterbilt store named top TRP dealer
Paccar Parts recognizes TRP Sauk Rapids of Allstate Peterbilt Group in Sauk Rapids, Minnesota as the 2020 Global TRP Store of the Year. The store was awarded for its outstanding customer support, sales growth, engagement with Paccar Parts.
February 25, 2021
Trp Sauk Rapids Mn Allstate Peterbilt Peterbilt 800px
Growth strategies
High Bar Brands expands sales operations in Latin America
High Bar Brands, Minimizer and Premier Manufacturing's parent company, is expanding its branded presence in Latin America.
February 25, 2021
High Bar Brands Logo
Growth strategies
Doggett Freightliner expands in Lone Star State
Doggett Freightliner continues to grow, expanding into the Brownsville, Texas, area to provide expedited parts and service support for local customers.
February 25, 2021
Doggett Freightliner
Mergers & Acquisitions
Market moves: Manufacturer and supplier channel make February a busy month
February is the shortest month of the year. But that didn't stop it from being on of the busiest stretches for mergers and acquisitions in recent months.
February 25, 2021
Mergers & Acquisitions Roundup
Growth strategies
TopMark Funding announces return to travel for account reps, expands team
As the country begins to rebound and vaccinations are rolled out to essential workers including truck drivers, TopMark has revved its engine on growing the Dealer Referral Network and its sales team will be returning to the field in the coming months.
February 24, 2021
Shutterstock People In Boardroom
Outlook and Benchmarking
MEMA study indicates more than 907K workers in vehicle production roles
The vehicle supplier industry continues to be the largest manufacturing sector in the United States. With direct, indirect and induced employment, the vehicle supplier industry generated a total of 4.8 million U.S. jobs in 2019.
February 23, 2021
Assembled Electric Powertrains Ready For Installation Into Lightning Electric Transit 350 Hd Vehicles
Mergers & Acquisitions
JX Truck Center expands Illinois coverage area
“We are proud to welcome Heartland Peterbilt and its dedicated associates to the JX family and would like to thank Diana Nuxoll and her entire team for their hard work and dedication” says JX Enterprises' Eric Jorgensen.
February 22, 2021
Peterbilt New Model 579 Exterior Copy
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Business operations
Building cohesive pricing strategies key to parts distributors’ e-commerce success
To have a functional, flexible and comprehensive pricing matrix in today’s aftermarket, distributors must also be masters of their digital footprints.
Volvo Vnr Electric Charging Location
Commentary
Understanding the longer term purchase potential for alternative powertrains
Nikola Two
Class 7-8
Nikola teases details about coming commercial truck program
2022 F Series With Cummins Diesel Engine
Class 3-6
Isuzu partners with Shyft Group for chassis production
Parked Trucks Min
Used trucks
Used prices expectedly rise thanks to lower volumes in January, J.D. Power reports
Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
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White Papers
State of Heavy-Duty Repair
Heavy-duty repair shops don’t face the same challenges as their light-duty counterparts – so why are they so often lumped together?
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