Volkswagen AG will ramp up spending on electric vehicles and automated driving by 36% as the world’s largest automaker challenges rivals to keep pace with an aggressive shift into the post-combustion era.
November 15, 2019Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Ford Puts Iconic Mustang Name on First Electric Crossover
Ford Motor Co., which pioneered the racy pony-car body style 55 years ago, will use the Mustang name and insignia on an electric crossover utility vehicle coming next year.
November 15, 2019Shell Unveils Natural Gas Engine Oil
COLLEGE STATION, Texas — Shell Lubricants announced a new natural gas engine oil Nov. 14, one of the first of its kind to meet standards to operate in natural gas, diesel and gasoline engines.
November 14, 2019Consumer Reports Finds Vehicle Redesigns Come With Glitches
DETROIT — When it comes to buying a new car, the latest and greatest may not be the most dependable.
November 14, 2019Daimler’s New CEO Ola Kallenius Warns Shift to Electric Cars Will Be Painful
Daimler AG’s new CEO warned there will be no quick fix for the automaker’s struggles to adapt to an era of self-driving, electric cars.
November 14, 2019Hacker Seeks About $5 Million Ransom From Pemex by Nov. 30
The hacker behind a cyberattack that has crippled Petroleos Mexicanos’ computer systems since the weekend is hoping to squeeze about $5 million out of the company and appears to have set a deadline of Nov. 30.
November 13, 2019Hyliion Makes Gains With Hybrid Electrification
Hyliion CEO and founder Thomas Healy said the company anticipates receiving more investment funds soon. It built an 80,000-square-foot plant, and trucks with its e-axle have accumulated more than 1 million miles of real-world travel as fleets begin to see hybrid-electric powertrains as a timely choice for improved fuel efficiency. And yet, he sometimes feels as if he is on the industry sidelines.
November 13, 2019Tesla to Build Factory in Germany After Subsidies Announced
BERLIN — Germany on Nov. 13 hailed Tesla’s decision to build its first European factory in the country, days after the government said it would boost subsidies for buyers of electric cars.
November 13, 2019World Thirst for Oil Keeps Growing, With SUVs a Key Culprit
PARIS — The world’s thirst for oil will continue to grow until the 2030s, with climate-damaging emissions climbing until at least 2040 — and consumers’ insatiable appetite for SUVs is a big reason why.
November 13, 2019Consumer Prices Up 0.4% in October; Gasoline Prices Surge
WASHINGTON — Surging gasoline prices caused U.S. consumer prices to rise last month at the fastest pace since March.
November 13, 2019