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Toyota Industries North America has acquired Chicago-based Hoist Liftruck Manufacturing. The company will be renamed Hoist Material Handling.

Supplier Dana Inc. reported record full-year net income and revenue, and quarterly improvements in both areas.

Amazon.com led a $700 million equity investment in Rivian Automotive, the electric pickup and SUV maker preparing to deliver its first vehicles next year.

Commercial vehicle supplier Wabco Holdings Inc. reported lower net income and revenue for the fourth quarter, while full-year revenue set a record despite a slowdown in certain key markets.

Ford Motor Co. and Volkswagen AG are progressing toward an agreement to join forces on self-driving cars and have overcome earlier obstacles, according to people familiar with the talks.

Daimler Trucks North America rode its Freightliner brand to a nearly 50% market share of U.S. Class 8 retail sales in January as volume industrywide cleared 20,000 units, WardsAuto.com reported.

Rush Enterprises reported lower fourth-quarter and full-year net income and higher revenue, but in the latest quarter beat analysts’ expectations as it sold a record number of new trucks.

Sales of medium-duty trucks had a strong start in 2019, climbing above 18,000 units in January, WardsAuto.com reported.

Plug-in pickup trucks look to be the next frontier in the budding electric vehicle industry as startup Rivian Automotive is said to be in talks with General Motors Co. and Amazon.com.