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Americans’ love of pricey pickups and SUVs is stretching their wallets, leading lenders to bend over backward to keep monthly payments affordable.

Luminar Technologies Inc., the sensor startup backed by billionaire Peter Thiel, is rolling out a cheaper-to-make version of its laser technology and ramping up production to supply the key component for autonomous vehicles.

As automakers spend billions to rack up autonomous miles and map city streets, Toyota Motor Corp. and BMW AG are also betting on a startup with a more modest approach.

The chief executive of North America’s biggest auto supplier warned that overly complex NAFTA changes could result in a “lose-lose-lose” situation that leaves U.S., Mexican and Canadian manufacturers vulnerable.

Daimler Trucks is trying to gain a foothold in the nascent electric-truck market with short-range haulers that can make New York City’s clogged streets cleaner and quieter.