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Nikola Corp. got its first sell-equivalent rating, with the electric-vehicle startup downgraded to underperform from neutral at Wedbush, citing the loss of a driving force in founder Trevor Milton’s departure, and the threat posed to hydrogen fuel’s appeal by Tesla Inc.’s “eye-popping battery innovations.”

Applications for U.S. unemployment benefits were little changed last week, contrasting with estimates for a decline and highlighting an economic recovery that’s coming in fits and starts.

Daimler AG has entered discussions with its powerful German labor unions to convert key engine and transmission factories for the electric-car era.

Legislation aimed at updating the environmental review process related to infrastructure projects recently was introduced by House Republicans.

Third-party logistics companies are facing a changing environment and an evolving relationship with shippers, according to a new study.

Legislation that would allow carmakers to sell as many as 100,000 self-driving vehicles per year in the U.S. is being reintroduced in the U.S. House of Representatives, but one of its biggest cheerleaders is staying on the sidelines until next year.

Failure to properly invest in the nation’s deteriorating surface transportation infrastructure will inflict significant negative consequences on the economy, according to preliminary findings from the American Society of Civil Engineers.

California will aim to halt sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Sept. 23, a move he says would cut greenhouse gas emissions by 35% in the nation’s most populous state.

Volkswagen AG is setting a high bar for the first electric vehicle it will build around the globe.

Oil pared its advance Sept. 23 as stocks fell on the latest warnings from Federal Reserve officials about the economic outlook due to the coronavirus.