Latest Commercial vehicle manufacturing News

China's BYD, Japan's Hino announce electric truck venture

Oct. 21, 2020 5:10 AM EDT

BEIJING (AP) — Chinese electric car brand BYD Auto and Japanese truck maker Hino Motors said Wednesday they are jointly setting up a company to develop battery-powered trucks and buses. The venture is one of a series of tie-ups between Chinese and foreign automakers to share the multibillion-dollar costs...

FILE - This March 28, 2018 file photo shows Jim Farley, Jr. during New York International Auto Show.  On his first day in Ford’s top job, new CEO, Farley is replacing the company’s chief financial officer and announcing other structural and management changes. The company says in a statement Thursday, Oct. 1, 2020 that Chief Financial Officer Tim Stone is leaving Oct. 15 to be chief operating officer at a small artificial intelligence company.  (AP Photo/Richard Drew, File)

New Ford CEO replaces CFO, pledges stronger profit margins

Oct. 1, 2020 10:05 AM EDT

DETROIT (AP) — On his first day in Ford's top job, CEO Jim Farley is replacing the company's chief financial officer and announcing other structural and management changes. The company says Thursday that Chief Financial Officer Tim Stone is leaving Oct. 15 to be chief operating officer at an artificial...

This image released by Quibi shows Tye Sheridan in a scene from

Phone flip: New Quibi series 'Wireless' empowers the viewer

Sep. 16, 2020 11:29 AM EDT

NEW YORK (AP) — Most directors insist on having final edit approval of their films. Not the creators of “Wireless.” The series on the mobile-platform Quibi employs an ingenious way to tell a story on a smartphone: You see different things on the screen depending on whether you hold your phone...

VW truck maker MAN plans to cut up to 9,500 jobs

Sep. 11, 2020 8:11 AM EDT

BERLIN (AP) — Truck and bus maker MAN, a subsidiary of Volkswagen, said Friday that it plans to shed up to 9,500 jobs worldwide as part of a cost-cutting drive. MAN said the planned package of measures is intended to improve the company's operating result by about 1.8 billion euros (about $2 billion) and...