Navistar International (NAV) PT Raised to $39 at UBS

Daimler delivers first electric trucks: 'The game has started.'

September 14, 2017 8:41 AM EDT

By Joseph White

DETROIT (Reuters) - Daimler AG on Thursday said United Parcel Service Inc(NYSE: UPS) will be the first U.S. commercial customer for its new battery-powered eCanter truck, and the company will expand its electric truck production as lower cost, longer-range batteries become available within two to three years.

The market for electric medium- and heavy-duty trucks is in its infancy. Manufacturers such as Daimler and Navistar International Corp (NYSE: NAV), as well as electric car maker Tesla Inc (NASDAQ:... More

Next level of truck autonomy possible around 2020: Navistar CEO

September 13, 2017 2:59 PM EDT

By Nick Carey

DETROIT (Reuters) - Heavy-duty trucks could have the technology to haul freight with reduced driver input on U.S. highways by around 2020, but adoption will depend on regulations and customer demand, truck maker Navistar International Corp's (NYSE: NAV) chief executive said.

"I have a lot of confidence in where the technology is headed," Navistar CEO Troy Clarke told Reuters in a phone interview on Wednesday. "I think youll see this come in waves. The next wave will be around the 2020 timeframe."

Clarke and the head... More

Trucking industry, Navistar back U.S. self-driving legislation

September 13, 2017 10:52 AM EDT

By David Shepardson

WASHINGTON (Reuters) - A U.S. trucking trade group and truck maker Navistar International Corp (NYSE: NAV) urged a U.S. Senate panel on Wednesday to include self-driving commercial trucks in proposed legislation intended to speed autonomous vehicles to market.

The House last week unanimously approved a bill to hasten the use of self-driving cars and bar states from blocking such vehicles. The bill applies only to vehicles under 10,000 pounds (4,536 kg). The Senate is considering a similar draft measure that could include large commercial trucks.

"It's important... More