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Self-Driving Stocks Join EVs as Next Trader Obsession

Self-driving technology companies are the latest automotive stocks to become an obsession of retail traders, with firms like Aurora Innovation Inc. surging Nov. 19 on high volume.

November 19, 2021

Merchants Fleet Expands Order of BrightDrop EVs

DETROIT — BrightDrop, a General Motors Co. startup making electric delivery vehicles, said Nov. 18 that Merchants Fleet is planning to expand its purchase order to receive a total of 18,000 BrightDrop EVs.

November 19, 2021

US House Debates $1.75 Trillion Climate, Social Infrastructure Bill

A nearly $2 trillion bill representing key elements of President Joe Biden’s climate and social infrastructure agenda is under consideration before the U.S. House of Representatives.

November 18, 2021

Irish Firm AMCS Acquires Dossier Systems

AMCS has acquired Philadelphia-based fleet maintenance management software solutions provider Dossier Systems, the Limerick, Ireland-based company announced Nov. 16.

November 18, 2021

Electric Vehicles Rank Low in Consumer Reports Reliability Study

Electric vehicles fare poorly in the latest reliability study from Consumer Reports, with Tesla Inc. and its battery-powered lineup finishing second-to-last for the second straight year. Only Ford Motor Co.’s Lincoln division was worse, the publisher said Nov. 18.

November 18, 2021

Ford Explores Buying Chips Direct to Offset Shortage

Ford Motor Co., responding to a global semiconductor shortage that has crimped profits and production, will explore buying chips directly from GlobalFoundries Inc.

November 18, 2021

ATA Presses Congress on Workforce Development Amid Supply Chain Woes

Policies aimed at boosting the trucking industry’s workforce would play a major role in addressing supply chain woes around the country, the leader of American Trucking Associations told the U.S. House of Representatives’ transportation panel Nov. 17.

November 17, 2021

Meritor Notches Higher Q4 Net Income, Revenue

Meritor Inc. reported higher fiscal year fourth-quarter net income and revenue thanks to higher global truck production.

November 17, 2021

UPS Expands Waymo Partnership to Include Autonomous Class 8 Trucks

Self-driving truck technology developer Waymo announced it expanded its partnership with UPS Inc. to include autonomous freight movement with Class 8 vehicles.

November 17, 2021