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Traton Views Higher Margin on Electric Trucks, US Expansion

Traton SE is targeting slightly higher returns in the coming five years by expanding in North America and selling more higher-priced electric trucks.

October 1, 2024

Diesel Price Bumps Up a Half-Cent to $3.544 a Gallon

The national average price of diesel gained a half-cent per gallon during the week ending Sept. 30, climbing to $3.544, according to U.S. Energy Information Administration data.

September 30, 2024

Farmers Brace for Supply Chain Delays as Dock Strike Begins

Growers already have been struggling with declining farm incomes because of high input costs, global competition and low commodity prices.

September 30, 2024

Stellantis Recalls 200,000 Plug-in Jeeps Over Fire Risk

This recall is the latest setback for Stellantis, which has been grappling with declining sales, a falling stock price and unrest among dealers and unions.

September 30, 2024

Tesla Clears Hurdle in Suit Over Self-Driving Tech

Tesla is embroiled in numerous lawsuits over the Full Self-Driving feature, including from Tesla investors who claim they were misled.

September 30, 2024

More Interest Rate Cuts Likely, Powell Says at Forum

Jerome Powell stressed that the Fed’s current goal is to support a largely healthy economy and job market, rather than rescue a struggling economy or prevent a recession.

September 30, 2024

Cruise Penalized Over Incomplete Reports on Robotaxi Crash

The enforcement action stems from an October 2023 incident in San Francisco in which a Cruise robotaxi dragged a pedestrian about 20 feet before coming to a complete stop.

September 30, 2024

Volvo Leads 50 Firms Urging EU to Keep Combustion Engine Ban

Volvo Car and dozens of industrial manufacturers urged Brussels to stick to a plan to halt sales of new combustion engine cars starting in 2035. 

September 30, 2024

Ford Offers Free EV Chargers in Bid to Boost Sales

Ford Motor Co. is offering free home chargers and installation to buyers of its electric vehicles in a bid to boost sales and overcome range anxiety among mainstream car shoppers.

September 30, 2024