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Intel Says It Will Buy Tower Semiconductor for $5.4 Billion

SANTA CLARA, Calif. — Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.

February 15, 2022

Elon Musk Donated $5.7 Billion of Tesla Shares to Charity

Elon Musk gifted almost $6 billion worth of Tesla Inc. stock to charity late last year in one of the largest philanthropic donations in history.

February 15, 2022

Toyota North America Plant Disruptions Drag Into Second Week

Toyota Motor Corp.’s North America operations continue to be disrupted after protests closed off the Ambassador Bridge linking the U.S. and Canada, hurting production at several of the automaker’s plants in the region.

February 15, 2022

Kenworth Debuts 18-Speed Transmission Lineup

Kenworth has developed a new 18-speed automated transmission, offering a version for heavy Class 8 trucking and some off-highway uses.

February 15, 2022

Digital Presence Plays Vital Role in Recruiting, Survey Shows

Digital technologies are playing an increasingly pivotal role in terms of finding and keeping drivers, according to a report Feb. 14.

February 15, 2022

Baidu’s Self-Driving Vehicles Take a Turn With Olympics Showcase

The 2022 Winter Olympics in Beijing promised another big opportunity for autonomous vehicle testing in a real-world situation, this time in vehicles made by one of China’s biggest technology companies, Baidu.

February 15, 2022

Peterbilt Announces New 18-Speed Transmission

MARSHALL, Mich. — A new, 18-speed automated transmission that will soon be available from Peterbilt Motors Co. can be spec’d for both on- and off-highway uses and with calibrations tailored to customer needs, the company announced.

February 15, 2022

January Medium-Duty Sales Falter

U.S. retail sales of Classes 4-7 commercial vehicles in January fell 14.3% compared with a year earlier as all segments declined, Wards Intelligence reported.

February 14, 2022

DeLorean Returning as EV Maker

The DeLorean Motor Co. — the 1980s-era automaker whose sleek, silver sports car starred as a time machine in “Back to the Future” — is making a comeback in San Antonio as a manufacturer of electric vehicles.

February 14, 2022

U.S. Xpress Looks to Integrate Aurora Self-Driving Tech

U.S. Xpress will collaborate with autonomous driving technology company Aurora Innovation to explore the deployment of self-driving trucks within the motor carrier’s network.

February 14, 2022