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February 25, 2021
Share: Two electric bus companies that are merging with SPACs landed new deals with school districts this week. Proterra Lands Large Order: Montgomery County in Maryland placed one of the largest electric bus orders ever seen in the U.S. market. The county, which is near Washington, D.C., covers 200 schools. The school district will switch its entire public school bus to electric school buses in a transition away from diesel-powered school buses, according to Electrek. The plan to replace 1,...
February 18, 2021
It's part of a “pure play” trend in which publicly-traded companies focus on one line of business, so that stock correlates with its sector.
February 17, 2021
Daimler Trucks North America The Board of Management of Daimler Truck AG has appointed John O’Leary as the next President and CEO of Daimler Trucks North America (DTNA) with its brands Freightliner Trucks, Western Star Trucks, Thomas Built Buses, Freightliner Custom Chassis Corporation and Detroit Diesel Corporation. Effective April 1, 2021 O’Leary follows Roger Nielsen, who retires effective April 30, 2021 after 35 years in the company, the last four years as its president and CEO. J...
February 17, 2021
John O’Leary will take over as president/CEO of Daimler Trucks North America (DTNA) on April 1. He will oversee brands such as Freightliner, Western Star, and Detroit Diesel. He replaces Roger Nielsen, who will retire at the end of April. O’Leary started at DTNA for Freightliner in 2000, after previously
February 11, 2021
Local NC engineering company makes clear barriers to protect from COVID-19 on city, school bus Fun fact; it’s the same material commonly used for NASCAR windshields. Clear barriers being used to protect students, drivers By Chandler Morgan | February 10, 2021 at 6:01 PM EST - Updated February 10 at 6:18 PM CHARLOTTE, N.C. (WBTV) - Ashley and Rex Carriker are parents. They get it. “That’s the number one concern with everyone returning back to school -- are my kids safe?” said Ashley...
February 4, 2021
Daimler to Spin off Truck Division, Change Name to Mercedes-Benz Published February 4th, 2021 - 07:30 GMT The truck and bus division has more than 100,000 employees and makes Freightliner trucks and Thomas Built buses. (Shutterstock) German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment focused on zero-emission vehicles a...
February 4, 2021
Daimler to split into 2 entities DAVID McHUGH | Associated Press FRANKFURT, Germany – German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment focused on zero-emission vehicles and software. The Stuttgart, Germany-headquartered company said Wednesday that a significant majority stake in the truck business would be distributed to...
February 4, 2021
Company Overview About Daimler Trucks North AmericaManufacturer of Western Star and Freighliner trucks, Thomas Built buses, and Detroit Diesel engines Company Details
February 3, 2021
Daimler to split in two companies, Daimler Truck to focus on EV, self-driving MarketWatch 2/3/2021 Daimler to rename itself Mercedes-Benz, spin off trucking unit Replay Video UP NEXT Germanys Daimler AG the company behind well-known auto brands such as Mercedes Benz and truck and bus makers Freightliner and Thomas Built, said Wednesday it plans to split into two standalone companies, spinning off Daimler Truck, which will focus on electric vehicles and self-driving. The other part of the ...
February 3, 2021
German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment focussed on zero-emission vehicles and software. The Stuttgart-headquartered company said Wednesday that a significant majority stake in the truck business would be distributed to current shareholders, and that Daimler would “at the appropriate time” be renamed Mercedes...