Volvo VNL News

At a news conference held during the weekend Miami stopover of the Volvo Ocean Race , Volvo Trucks North America revealed much about its strategy - dubbed "Blue Power" -- to further green its powertrain offerings.

As two highly speculative picks, both got nailed in the past month as broad markets tumbled and the Volatility Index spiked higher.

Volvo Group President and CEO Olof Persson joined Ron Huibers, president of Volvo Trucks North American sales and marketing, in Miami on Friday to announce Volvo's plans to launch a 13-litre liquefied natural gas engine for North America in 2014.

Volvo's Rob Huibers said the LNG engine's high pressure diesel ignition will provide significant fuel efficiency gains.

Meritor is adding a 12,500-pound rating for its front steer axles. This new rating enhances steering control, improves durability and lowers maintenance costs, according to the company.