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Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices.

BMW AG remains bullish on battery-powered electric vehicles in the U.S., even though it’s expecting the sector’s market share gains to slow.

U.S. retail sales for medium-duty trucks rose 6.1% year-over-year in November, bouncing back after the first decrease in seven months in October, according to Wards Intelligence data.

The Federal Reserve kept its key interest rate the same Dec. 13 for a third straight time, and officials signaled they expect to make three quarter-point cuts to the benchmark rate next year.

SAN ANTONIO — Rush Enterprises technician Michael French was named grand champion by his company during a vehicle maintenance competition Dec. 12.

Iowa-based flatbed carrier TMC Transportation is consolidating its southeastern U.S. presence via a $38 million investment in its South Carolina operations.

Maine environmental regulators will decide next week whether the state should join others in adopting California-style regulations to limit the sale of new gas-powered vehicles.

Class 8 retail truck sales in November fell year-over-year for a fourth consecutive month, Wards Intelligence data showed.

New York state economic development incentives helped persuade Whiting Door Manufacturing Corp. to invest $4 million to expand its Akron facility. 

SAN ANTONIO — Rush Enterprises technician Paul Crawford advanced to the final round in the company’s annual technician challenge, hoping to defend his grand champion title.