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New York gasoline inventories are so low that suppliers are resorting to expensive U.S. vessels to move fuel into the region and allay the potential for shortages.

Volkswagen AG and Mercedes-Benz Group AG have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.

Ford Motor Co. said it’s cutting 3,000 jobs this week in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles.

Rivian Automotive Inc. eliminated the least expensive trim of its R1T electric pickup truck, the company confirmed via email, effectively raising the price of its entry-level model.

PONTIAC, Mich. — Thundering gas-powered muscle cars, for decades a fixture of American culture, will be closing in on their final Saturday-night cruises in the coming years as automakers begin replacing them with super-fast cars that run on batteries.

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.

With lower fuel inventories and harvest season expected to increase demand, Minnesota’s governor extended for another month an order enabling more driving hours to transport fuel.

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

WASHINGTON — The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously.

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