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Caterpillar Inc., the maker of heavy equipment, today reported an increased quarterly profit as sales improved and dealers boosted their stock of Cat machinery.

Ford Motor Co. today reported a first-quarter profit compared with a year-earlier loss. The automaker also forecast continuing issues with a computer chip shortage.

Eaton today said its eMobility business secured a contract to supply power distribution units (PDUs) and Bussmann series fuses to a global vehicle manufacturer for use in a new battery electric (BEV) light-duty commercial vehicle.

Power management company Eaton today announced its Vehicle Group has introduced its next-generation sodium-filled hollow-head valves, which improve fuel economy, reduce emissions and increase performance in gas-powered engines.

Nexteer Automotive said it is expanding its Driveline portfolio with new Halfshaft technologies that are tailored to meet the unique demands of electric vehicles (EVs).

The Shyft Group, a specialty vehicle maker plans to hire new manufacturing employees at its Charlotte, Mich., campus.

Kyocera Corp. said it will begin construction of a new research and development center in January 2021 at its Kokubu campus in Kirishima City, Kagoshima, Japan.

The global auto industry will experience a slow recovery in 2021 from the COVID-19 pandemic, analysts at IHS Markit said today.

Lightning eMotors, a provider of commercial electric vehicles for fleets, today announced the debut of a new model of its Class 3 Lightning Electric Transit Van.

Marposs said its Artis CTM Tool and Process Monitoring System has played a role in a 2020 Henry Ford Technology Award (HFTA) winning program focused on Torque Monitoring of Gear Machining Processes.