Navistar International Corporation
Navistar boss says battery-electric trucking is long-term decarbonization answer
Navistar International is continuing work on fuel cell projects that began before it was acquired by Volkswagen’s Traton Group, but CEO Mathias Carlbaum follows parent Traton Group’s mantra that batteries are the long-term solution for decarbonizing commercial trucking.
“There is a window there, but over time because of the better energy efficiency, batteries will prevail,” Carlbaum told a virtual roundtable of reporters Friday in his first public remarks since becoming CEO Sept. 1, 2021.
Navista...
Navistar will pay $742M to settle decades-old benefit cuts class action
Nearly three decades after Navistar International agreed to restore employee benefits cut in the 1980s, the truck and bus manufacturer has agreed to pay past and future retirees $742 million to settle a class-action lawsuit.
The case, Shy v. Navistar International Corp., has been in and out of courts since a 1993 consent agreement under which Navistar pledged annual payments to a fund to help pay retiree health and life insurance benefits for union and nonunion employees.
Navistar originally cut...
SuperTruck II efficiency efforts could boost range for electric trucks
The final results won’t be known until the end of the year, but participants in the Department of Energy’s SuperTruck II program are racking up serious efficiency gains aimed at diesels that could ultimately help electric trucks go farther on a single charge.
The goals of SuperTruck II are 55% brake thermal efficiency (BTE) improvement for heavy-duty diesel engines and double the freight efficiency, as measured in miles per gallon multiplied by the freight tons carried.
Daimler Truck North...
Traton continues remake of Navistar, swapping executives between subsidiaries
Volkswagen AG’s Traton SE is continuing its makeover of recently acquired Navistar International, importing a MAN SE executive to lead commercial operations and dispatching a top Navistar executive to the German company’s corresponding position.
Interestingly, both Goran Nyberg, who begins at Navistar as executive vice president of commercial operations March 1, and Friedrich Baumann, who will join MAN as head of sales and customer solutions April 1, have expertise with Traton’s trucking...
Autonomous truck scaling: Is TuSimple competing with its freight customers?
TUCSON, Ariz. — Autonomous trucking startup TuSimple Holdings doesn’t see itself competing with customers who will buy trucks equipped with its autonomous software. Still, it is growing its own fleet to more than 200 trucks, putting it in the top 20% of freight haulers.
“It’s not our business model that’s driving this,” TuSimple CEO Cheng Lu told FreightWaves during a visit to the company’s operations about 15 miles east of Tucson in the Sonoran Desert.
“We are almost by default the first...
Embark Trucks taps industry advisers on path to AV commercialization
SAN FRANCISCO — SPAC-sponsored Embark Trucks is adding more than 150 years of cumulative industry experience to its preparations for going public, assembling a strategic advisory board that touches all transportation industry sectors.
Embark is not the first autonomous trucking software startup to tap into the industry. TuSimple Holdings (NASDAQ: TSP) went public in April, the first of four autonomous trucking companies to seek public trading. TuSimple has a large group of advisers, many of whom...
Electric pickup truck maker Lordstown Motors taps former Icahn executive as CEO
Longtime automotive supplier executive Daniel Ninivaggi will take over as CEO at struggling Lordstown Motors Corp. (LMC), where legal, financial and production woes contribute to the company’s repeated declaration that it might not be in business a year from now.
The startup still plans to begin limited production of its Endurance commercial electric pickup next month at a former General Motors plant in the northeast Ohio city from which it took its name. LMC hopes the vehicle can gain a...
Traton shakes up Navistar C-suite, ousting CEO Lisboa
Volkswagen AG-owned Traton Group replaced Persio Lisboa as CEO of recently acquired Navistar International Corp. on Wednesday, part of an executive shuffling that retains about half of senior leadership.
Traton closed its $3.7 billion acquisition of Navistar, the No. 4 U.S. truck maker, on July 1. The Navistar board of directors appointed Mathias Carlbaum, 48, as CEO and president effective Sept. 1. After a transition, Lisboa, 55, will retire after a 35-year career at Navistar including 14...
https://www.freightwaves.com/news/traton-shakes-up-navistar-c-suite-ousting-ceo-lisboa
AEV Summit: Navistar and TuSimple on track for 2024 launch
This fireside chat recap is from FreightWaves’ Autonomous & Electric Vehicles Summit on Wednesday.
KEYNOTE CHAT TOPIC: The road to autonomous commercialization
DETAILS: Navistar and TuSimple shortened the timeline to autonomous trucking commercialization a year ago when they announced a partnership to put a Level 4 high-autonomy Class 8 truck into production in 2024. The executives leading the effort discuss the challenges to meeting the goal, which both believe is realistic.
SPEAKERS:
Srinivas...
https://www.freightwaves.com/news/aev-summit-navistar-and-tusimple-on-track-for-2024-launch