Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan’s top automaker said Nov. 29.
November 29, 2023Search
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GM Says Strike Cost $1.1 Billion, but Raises Dividend
General Motors says pretax earnings took a $1.1 billion hit due to production lost during the UAW's strike, but the company expects to absorb the new contract's costs and raised its dividend.
November 29, 2023Alabama to Build $30 Million EV Tech Workforce Training Hub
A $30 million workforce training center focused on electric vehicle technology will be built in Decatur, Ala., Gov. Kay Ivey announced Nov. 27.
November 28, 2023Schneider’s Freightliner eCascadias Reach 1 Million-Mile Mark
Freightliner eCascadia battery-electric trucks operated by Schneider reached 1 million zero-emission miles carrying customer freight, the carrier said
November 28, 2023Rolls-Royce Sours on Electric Planes, Needs Time for Hydrogen
Rolls-Royce Holdings backed away from electric aircraft and said conventional propulsion will remain the mainstay in coming years as hydrogen takes time to mature as an alternative.
November 28, 2023Cyber Monday Sales Hit Record $12.4 Billion on Nov. 27
U.S. shoppers spent $12.4 billion on Cyber Monday, a robust result demonstrating the continued resilience of consumers despite dwindling pandemic-era savings and high interest rates.
November 28, 2023Bestpass Acquires Fleetworthy Solutions
Bestpass on Nov. 28 announced it is acquiring Fleetworthy Solutions Inc.Â
November 27, 2023Trucking Firms Using Social Media Influencers for Promotion
Trucking marketers looking for a leg up on social media are turning to AI software that can quickly surface the absolute best influencers in that medium to promote their brand.
November 22, 2023Rivian CEO Adds Product Oversight to Responsibilities
Rivian Automotive CEO RJ Scaringe will take on an expanded role overseeing all product-related functions as the automaker prepares for the next generation of its electric vehicle lineup.
November 21, 2023Terraline to Carry Out Prototype Class 8 Truck Tests in Q1
A prototype of a battery-electric Class 8 truck with an expected range of 500 miles is set to begin its first pilot tests in Florida in the first quarter of 2024, according to vehicle developer Terraline Inc.
November 21, 2023