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Rivian Plans to Cut 10% of Salaried Staff as EV Rush Stalls

Rivian Automotive Inc. shares fell in early trading after the electric vehicle maker issued a disappointing production forecast and announced another round of job cuts.

February 22, 2024

ZF Eyes US Commercial Vehicle Drivetrain Sales Expansion

Some of component manufacturer ZF’s latest product launches are set to service the growth in trucks using nontraditional fuels.

February 21, 2024

Autonomous Trucking Landscape Is Shifting Rapidly

The anticipated benefits of autonomous trucking have attracted an influx of entrepreneurs determined to bring highly automated driving technology to the commercial vehicle market.

February 23, 2024

New SEC Rules Prompt Closer Look at Cybersecurity

Trucking businesses need to take a close look at the state of their cybersecur­ity in 2024 now that tough, new disclosure rules from the Securities and Exchange Commission have gone live.

February 23, 2024

Stellantis CEO Calls Small EVs a Tough Sell in US

Offering small cars is the wrong approach to win over truck-loving Americans skeptical of electric vehicles, according to Carlos Tavares, CEO of Jeep-owner Stellantis NV.

February 21, 2024

Self-Driving Firm Recogni Nabs $102 Million to Make AI Chip

Recogni Inc., an artificial intelligence startup that builds tech for autonomous vehicles, has raised $102 million in funding after expanding into designing chips for generative AI.

February 20, 2024

Parts Supplier Forvia to Cut 10,000 Jobs, Look to AI

Auto parts supplier Forvia SE is poised to cut roughly 13% of its European workforce over the next five years, with plans to tap AI to better compete in the shift to electric cars.

February 20, 2024

Minnesota Report Cautions Against Rush to EV Transition

State lawmakers rushing to jump on the battery-electric vehicle bandwagon for longhaul trucks will create a web of operational roadblocks and other problems, a new report says. 

February 20, 2024

TMC Has Full Agenda Planned for Annual Meeting

TMC Executive Director Robert Braswell said challenging technical issues and industry innovation will be in the spotlight March 4-7 in New Orleans.

February 16, 2024