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Vehicle parts manufacturer Eaton Corp. said Monday its fourth-quarter profit fell to $163 million, or 98 cents per share, from $256 million, or $1.71, a year earlier.

Existing homes sales increased 6.5% in November, while the median price of a home fell 15% from the same month last year, the biggest drop on record, the National Association of Realtors said Monday.

Heavy equipment and diesel engine maker Caterpillar Inc. said Monday its fourth-quarter profit fell 32% and that it would cut 20,000 jobs worldwide.

MAN AG, a German manufacturer of commercial vehicles, plans to suspend truck production for a total of 70 days in the first half of this year, Bloomberg reported.

WASHINGTON — Ray LaHood, President Obama’s choice to lead the Department of Transportation, said tolls and public-private partnerships should be among the ways Congress funds infrastructure construction, but existing interstate highway lanes should remain toll-free.

Most new heavy-duty trucks sold in the United States and Canada, beginning when 2010 models are introduced, will use selective catalytic reduction technology to cut emissions, which will require the addition of a new fluid to work properly. And truck stops throughout the nations are trying to prepare to meet the demand for this new product.

The average retail price of diesel fuel remained relatively stable for a second week, dropping 1.8 cents to $2.296, the U.S. Department of Energy reported.

Paccar Inc. truck makers Peterbilt Motors Co. and Kenworth Truck Co. said they will not attend this year’s Mid-America Trucking Show, and instead will focus their marketing efforts on special events at their factories and dealerships.