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Drop in Diesel Demand Heightens Recession Concerns

“Diesel demand can act as a leading indicator for broader growth as an early sign that spending by households is waning,” said one expert.

April 17, 2023

New Executives Chosen to Steer Pilot Overhaul

Pilot Co. is to replace its top two officers with executives hand-picked by its new majority owner as one of the biggest truck stop operators readies a major overhaul of its facilities.

April 12, 2023

Ford to Transform Ontario Plant Into EV Factory

Ford Motor Co. is investing $1.3 billion to transform its Oakville Assembly Plant in Ontario, Canada, to assemble multiple electric vehicles and battery packs.

April 11, 2023

Poll: Most Americans Aren’t Sold on EV for Next Vehicle

WASHINGTON — Many Americans aren’t yet sold on going electric for their next cars, a new poll shows, with high prices and too few charging stations the main deterrents.

April 11, 2023

Here’s Why Leasing an EV Is About to Become More Popular

WASHINGTON — Electric vehicle leases are likely to surge beginning April 18, experts say, as new federal restrictions on EV tax credits come into effect.

April 7, 2023

Toyota to Sell 1.5 Million EVs by 2026

Toyota Motor Corp.’s new CEO Koji Sato unveiled the beginnings of a long-awaited plan to electrify the automaker’s vehicle lineup during his first press conference.

April 7, 2023

Biden to Propose Toughest-Ever Rules on Car Pollution

The Biden administration is on track to propose the toughest-ever U.S. curbs on car pollution, while stopping short of an electric vehicle mandate or ban on gas-powered models.

April 6, 2023

Walmart to Expand EV Charging Network to Thousands of Stores

Walmart Inc. plans to add thousands of electric vehicle charging stations by 2030 to make it easier for motorists to pivot away from cars powered by fossil fuels.

April 6, 2023

F-150 Lightning Is Ford’s Only EV to Get Full Tax Credit

Ford Motor Co. expects only its F-150 Lightning pickup to qualify for a full tax credit under a new law designed to spur adoption of battery-powered models.

April 6, 2023