ACT News Updates

Business

Daimler Will Protect Employees’ Jobs Through 2016

Daimler AG has pledged to protect the jobs of its permanent employees through 2016, Bloomberg reported Wednesday.

October 5, 2011
Business

Factory Orders Dip 0.2% in August

Factory orders declined 0.2% in August as vehicle bookings decreased, the Commerce Department said Tuesday.

October 4, 2011
Business

ISM Manufacturing Index Rises

U.S. manufacturing activity rose in September, showing continued expansion for the 26th consecutive month, the Institute for Supply Management said Monday.

October 3, 2011
Business

Daimler, Chinese Firm Gain OK For Truck-Making Joint Venture

Daimler AG and a large Chinese truck maker have received Chinese government approval for their joint venture to build medium- and heavy-duty trucks and engines for the domestic market and for export.

October 3, 2011
Business, Government

N.Y. Manufacturing Index Contracts for Fourth Month

Manufacturing activity in the New York region contracted in September for the fourth straight month, the Federal Reserve Bank of New York said Thursday.

September 15, 2011
Business, Government

ISM Manufacturing Index Slips but Shows Continued Expansion

U.S. manufacturing activity dipped in August, but continued to show expansion for the 25th consecutive month, the Institute for Supply Management said Thursday.

September 1, 2011
Business

Factory Orders Jump 2.4% in Biggest Gain in Four Months

Factory orders rose by the most in four months in July, the Commerce Department said Wednesday.

August 31, 2011
Business

Freightliner Faces Shortages Of Many Parts, Exec Says

NAPA, Calif. — North America’s largest heavy-duty truck maker is struggling to find the parts necessary to build all the trucks it has agreed to supply to fleets during 2011, and has had to turn down “thousands” of orders, according to a senior company official.

August 22, 2011
Business

Cummins’ Market Share Slips As In-House Engine Use Rises

Cummins Inc. remained the top U.S. heavy-duty engine builder in the first half of this year, but its market share dropped by more than 6% from the comparable period of 2010 as truck manufacturers placed more of their in-house power plants in their new vehicles.

August 22, 2011
Business

OEMs Detail Design Innovations To Meet New Greenhouse Rules

Truck and engine makers last week outlined some of the engineering innovations they will have to develop and put onto highways over the next six years to meet recently unveiled federal heavy-truck greenhouse-gas regulations.

August 22, 2011