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Tesla Inc. climbed above $420 for the first time Dec. 23 as fresh financing arranged from banks in China added to optimism supporting a monthslong rally.

Volvo Group appointed Nils Jaeger president of its new autonomous solutions business unit.

Volvo Group agreed to sell its UD Trucks unit to Isuzu Motors Ltd. for about $2.3 billion and announced plans to forge a strategic alliance with its Japanese rival, the latest sign of consolidation in the global automotive industry.

For the trucking industry, 2019 was a year of transition, replete with regulatory victories and disappointments.

MILAN — The boards of Fiat Chrysler Automobiles and PSA Peugeot on Dec. 18 signed a binding merger deal creating the world’s fourth-largest automaker with the scale to confront the challenges of stricter emissions regulations and the transition to new driving technologies.

Self-driving truck company TuSimple announced its autonomous technology reduced fuel consumption for trips by its prototype heavy-duty trucks by at least 10% compared with manually driven trucks.

The perpetual war between Tesla Inc.’s bears and bulls may finally be simmering down.

SACRAMENTO, Calif. — The country’s most populous state could become the first to require a portion of new truck sales be electric or “zero emission” vehicles as California grapples with how to clean up its worst-in-the nation air quality.

Ford Motor Co. is adding to its self-driving car testing operation in Austin, Texas, saying Dec. 11 it has secured two pieces of real estate that will be central to the project.

New York City Mayor Bill de Blasio dislikes autonomous delivery robots and he is not shy about saying so, even as the city’s planners and trucking officials work together on ways to deliver much more freight to the nation’s largest city.