The deal will diversify Ritchie Bros.' truck, construction, and farm equipment customer base by providing it with a larger presence in the vehicle remarketing vertical that has strong industry fundamentals with proven growth.
Mercedes-Benz Vans showcased a concept of an autonomous, all-electric van in two variants, one for freight and one for passengers.
While the effect that Hurricane Irma had on Insurance Auto Auction's and Copart's operations in Florida was relatively mild, Houston was a different story.
Just two weeks after revealing they had forged a “wide-ranging strategic alliance,” the chief executives of Volkswagen Truck and Bus and Navistar International Corp. fielded questions from North American journalists covering the massive IAA truck show opening this week in Hannover, Germany.
Following on the success of the Sprinter van in the U.S. market, Daimler plans to introduce a mid-size van sometime next year. The van made its debut in Berlin, Germany, in late July, but Daimler execs were coy on an actual release date for the American version of the van, saying only that it would be introduced in the fall 2015 in a MY 2016 designation.
TRW Automotive Holdings will demonstrate new driver assist systems that are laying the foundation to enable semi-automated driving. The auto show is set for Sept. 12-22 in Frankfurt, Germany.
BRUSSELS, BELGIUM - WABCO Holdings Inc., a major supplier to the commercial vehicle industry, said it will introduce its OnGuardPLUS advanced emergency braking system (AEBS) at this year's IAA Commercial Vehicles event in Hanover, Germany.
NGOLSTADT/FRANKFURT, GERMANY - Audi presented the e-tron, a high-performance sports car with a purely electric drive system at the 2009 Frankfurt Auto Show.
HERNDON, VA - Audi will unveil three new vehicles at Frankfurt's International Motor Show (IAA): the S5 Sportback, the A4 3.0 TDI clean diesel quattro, and the A3 1.2 TFSI.
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