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Daimler Truck will buy back $2.34 billion of its own shares, continuing a policy of returning cash to shareholders while managing the transition to low-emission vehicles.

Nissan plans to sell about $5 billion in debt to help fund CEO Ivan Espinosa’s turnaround of the ailing automaker, part of a broader financing initiative to keep operations on track.

Daimler Truck plans to have trucks from various Mercedes-Benz series assembled in Senegal to supply special vehicles for defense, disaster relief and municipal tasks.  

Sales fell in the second quarter for German commercial vehicle manufacturer Daimler Truck due to sharply lower sales in the Trucks North America segment.

Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.

Nissan is recalling more than 480,000 of its vehicles across the U.S. and Canada due to potential manufacturing defects that could cause engine failure.

Recent data and developments indicate at least one emerging technology’s path forward is becoming clearer — renewable natural gas.

African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Waymo and expand in the U.S.

Stellantis sales in the U.S. fell 10% in the second quarter despite resilient demand for Jeep SUVs and Ram trucks.

Rivian produced about half as many electric vehicles as Wall Street expected in the second quarter prior to the launch of 2026 model year vehicles later this month.