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About 47,600 hourly workers have decided to accept buyouts at General Motors Corp. and Delphi Corp. through buyout or early retirement offers, news services reported Tuesday.

New home sales in May rose to their highest level this year, increasing 4.6% from April the Commerce Department said Monday.

Average retail gasoline prices fell 4.3 cents over the past two weeks to $2.89 a gallon, according to the latest Lundberg survey of gasoline prices released Sunday.

FedEx Corp. said Monday that it has joined in an agreement with the French Office of Economic and Commercial Affairs to expand trade and investment between France and the United States.

American Trucking Associations said it applauds last week’s action by a House subcommittee to narrow the application of fingerprint-based screening requirements to drivers who transport security-sensitive hazardous materials.

Int’l. to Offer Heavy-Duty Engines in ’07 • GeoLogic Simplifies Upgrades • J.J. Keller Program Allows Repair Tracking

A measure to reduce diesel emissions in California by authorizing local air districts to regulate emission sources won approval in the state’s Senate Transportation Committee last week.

The Engine Manufacturers Association said a new emissions-testing program for heavy-duty diesel vehicles is nearing completion and will become mandatory for all engine manufacturers next year.

The Indiana Supreme Court unanimously rejected a claim that the law allowing the state to lease the Indiana Toll Road to a Spanish-Australian consortium of investors is unconstitutional, paving the way for the deal to go through, the Associated Press reported.

Truck maker Paccar Inc. and engine maker Cummins Inc. announced Monday an agreement for Cummins’ 6- and 8-liter engines to be installed exclusively in Peterbilt and Kenworth North American medium-duty trucks, effective Jan. 1, 2007.