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Daimler AG celebrated a 25-year milestone for its Mercedes-Benz Sprinter model, which began production in 1995, and whose roots go back 40 years to the company’s initial array of small cargo vehicles in various shapes.

Stakeholders representing the passenger transportation sector were asked by the Senate Commerce Committee to share concerns about the impact from the coronavirus pandemic.

Oil headed for a sixth weekly gain after OPEC+ reached a tentative agreement to prolong its record production cuts and U.S. jobs data was better than expected.

The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers faster than economists had predicted.

General Motors Co. will build another all-electric vehicle at its Detroit-Hamtramck plant as it sticks to its goal for an all-electric future.

Werner Enterprises founder Clarence L. Werner has stepped down from his role as executive chairman, the company announced June 2.

Port leaders are raising caution the decline in business at their facilities could affect those whose employment relies on the flow of goods.

Navistar International Corp. posted a narrower fiscal second-quarter net loss and about a $1 billion drop in revenue as key business segments and its supply chain were disrupted by the novel coronavirus pandemic.

A new study says that while autonomous vehicle technology has great promise to reduce crashes, it may not be able to prevent all mishaps caused by human error.