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California Moves Toward Phasing Out New Gas-Fueled Vehicles

SACRAMENTO, Calif. — California plans to require all new cars, trucks and SUVs to run on electricity or hydrogen by 2035 under a policy approved Aug. 25 by regulators that seeks a dramatic cut in carbon emissions and an eventual end to gasoline-powered vehicles.

August 25, 2022

Flotilla of Diesel Ships Heads to Europe Amid Energy Crisis

A fleet of ships carrying diesel, one of the world’s most important fuels, is heading for European markets facing energy-security threats from high temperatures, soaring gas prices and Russian disruption.

August 18, 2022

Paccar to Offer Cummins X15 Natural Gas Engine

Paccar Inc. announced it will offer the new Cummins Inc. X15N natural gas engine in its Kenworth and Peterbilt truck brands.

August 17, 2022

International Truck Launches Updated Powertrain

LAS VEGAS – Navistar Inc. premiered a new, integrated powertrain as part of an update for its International LT Series truck line Aug. 16.

August 16, 2022

Stellantis May Invest Billions to Make EVs in Mexico

Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for battery-powered transport.

August 12, 2022

Tesla, Nikola Race for Up to $40,000 Incentives

The Inflation Reduction Act would give up to $40,000 tax credits per heavy-truck purchase, suggesting that competition to get the Tesla Semi to compete with Nikola will heat up.

August 12, 2022

Rivian Leads EV Slump After Investors Shun Money Losers

Even a breakthrough U.S. climate bill designed to encourage sales of electric cars has failed to revive investor interest in Rivian Automotive Inc., as the risk-hungry traders who catapulted its shares to dizzying heights last year shun companies for whom profitability is still years away.

August 11, 2022

Daimler Truck Shrugs Off Supply Chain Issues With Rising Sales

Daimler Truck Holding AG overcame supply chain headwinds to increase unit sales during the second quarter of 2022, the company reported Aug. 11.

August 11, 2022

Nikola CEO Mark Russell to Retire Jan. 1

Truck manufacturer Nikola Corp. has announced a leadership change that places a 20-year automotive industry veteran at its helm.

August 10, 2022