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Exxon in Talks to Buy Pioneer

Exxon Mobil Corp. is in talks to acquire Pioneer Natural Resources Co., according to a person familiar with the matter, nearing its largest takeover in more than two decades.

October 6, 2023

Nikola Celebrates Entry Into HFCEV Market

Hydrogen fuel cell electric vehicles will be delivered to customers within a few weeks, company says.

October 5, 2023

Ford Electric F-150 Sales Drop 46% as Deliveries Delayed

Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker expanded its factory and delayed delivery of trucks for “quality checks.â€

October 4, 2023

Former CEO Buys Lordstown Motors’ Assets for $10 Million

CLEVELAND, Ohio — The former CEO of Lordstown Motors Corp. has bought the company’s assets for $10 million, according to documents filed with the U.S. Securities and Exchange Commission.

October 3, 2023

What’s Next for Alternative Fuels?

What will be the next step in the investments of alternative fuels and electric vehicles for fleets? The guests in our latest Transport Topics’ Magazine Event Series, SPARK, offer insight.

October 6, 2023

Cummins Unit Completes Acquisition of Faurecia Plants

Cummins Emission Solutions completed the acquisition of two Faurecia commercial vehicle manufacturing plants in Indiana and the Netherlands for $208.56 million, Cummins Inc. said.

October 3, 2023

In the Race to Electrification, Buses Are Leading the Pack

All over the world, buses are quickly and quietly going electric.

October 6, 2023

Big Automakers: Future Fuel Economy Rules Unfairly Target Us

General Motors, Ford and Stellantis face a combined $10.5 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules, according to an estimate from their trade group.

October 2, 2023

Diesel Price Nudges Up 0.7¢ a Gallon to $4.593

The national average diesel price nudged up seven-tenths of a cent to reach $4.593 a gallon, according to Energy Information Administration data released Oct. 2.

October 2, 2023