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FRANKFURT, Germany — Automaker Stellantis said Feb. 23 that it made 13.4 billion euros ($15.2 billion) in its first year after it was formed from the merger of Fiat Chrysler Automobiles and PSA Group and would pay out record profit-sharing checks to unionized U.S. workers.

NEW YORK — Lowe’s Cos., the nation’s second-largest home improvement chain behind °®¶¹´«Ã½ Depot, offered an upbeat annual outlook after reporting strong fiscal fourth-quarter results that showed a still sizzling housing market.

Trucking startup TuSimple Holdings Inc. reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.

Iowa's governor and a trucker turned state senator are waging a two-pronged legislative offensive targeting lawsuit abuse in traffic accidents with motor carriers.

With state fleet leaders’ annual trip to the U.S. Capitol disrupted due to COVID-related visitation limits, the Minnesota Trucking Association is instead inviting federal leaders to meet trucking executives on their home turf.

U.S. consumer confidence fell in February to the lowest since September as expectations for growth and financial prospects softened amid decades-high inflation.

Legislation that would dedicate $52 billion to boost the country’s role as a semiconductor manufacturer amid a supply chain crisis is expected to be a main item on Congress’ agenda over the coming weeks.

LISBON, Portugal — A fire aboard a ship carrying cars in the Mid-Atlantic is dying out, a Portuguese navy officer said Feb. 22, and the huge vessel is expected to be towed to the Bahamas.

Power management company Eaton announced its Vehicle Group formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle transmission, reduction gearing and differential portfolios.