Volvo North American truck, CE orders skyrocket
Swedish manufacturer Volvo’s North American truck and construction equipment orders jumped in the first quarter thanks to strong demand and favorable market conditions in the region. Volvo Trucks’ North American truck orders totaled 2,596 for Q1, up 151.9% year over year,
Ryder expands lease, rental fleet with EVs
Commercial vehicle rental and leasing company Ryder System is adding thousands of light-duty, electric vans to its fleet. Ryder is adding 4,000 commercial electric vans manufactured by BrightDrop, a subsidiary of General Motors, by the end of 2025. The move will
Honda, Bobcat unveil autonomous vehicles as labor, safety solutions
Original equipment manufacturers Honda, Moog Construction and Bobcat are working on autonomous vehicles as potential solutions to labor and safety concerns in the equipment industry. The three companies unveiled their vehicles on March 14, the first day of CONEXPO. Honda Honda has unveiled
New Holland homes in on electric rentals
LAS VEGAS — New Holland Construction, a subsidiary of CNH Industrial, aims to capitalize on equipment rental opportunities via new electric vehicles. “As far as ease-ability and serviceability [of EVs], that’s a big advantage for a lot of our customers, especially
US equipment industry eyes electrification
LAS VEGAS — Electrification in the equipment industry is building slowly in the United States but trails years behind Europe, which outpaces U.S. EV sales by about 2.5 million vehicles. “The biggest trend right now is electrification,” DLL Head of Regional
Mitsubishi HC Capital Canada to finance Lion Electric EVs
Mitsubishi HC Capital Canada and ENGS Commercial Finance are providing financing to electric vehicle manufacturer Lion Electric for the company’s school bus and truck customers in the United States and Canada. Mitsubishi HC Capital America is set to absorb ENGS Commercial
