Amazon.com Inc.ās stock had the biggest advance on the S&P 500 Index after the e-commerce giant said its holiday season this year was ārecord-breaking,ā with billions of items shipped and ātens of millionsā of Amazon devices like the Echo Dot sold.
December 27, 2019Search
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Electric-Truck Maker Rivian Raises $1.3 Billion in New Funding
Rivian Automotive Inc., the electric truck maker already backed by Amazon.com and Ford Motor Co., raised another $1.3 billion from investors led by T. Rowe Price to support the rollout of its debut vehicles next year.
December 23, 2019Tesla Tops Elon Muskās $420 Milestone for First Time
Tesla Inc. climbed above $420 for the first time Dec. 23 as fresh financing arranged from banks in China added to optimism supporting a monthslong rally.
December 23, 2019Volvo Taps Nils Jaeger to Lead Autonomous Unit
Volvo Group appointed Nils Jaeger president of its new autonomous solutions business unit.
December 20, 2019Stakeholder Comments Mostly Endorse Trading Rearview Mirrors for Camera Systems
Despite some cautionary notes, public comment on a National Highway Traffic Safety Administration advanced notice of proposed rulemaking largely favored permitting camera-based, rear-visibility systems to replace mirrors on light vehicles and heavy trucks.
December 20, 2019NTSB Cites Lithium Battery Fire in Deadly Crash
A speeding teenage driver caused the fatal crash of a Tesla Inc. vehicle in Florida in 2018 and the subsequent fire in the electric carās battery contributed to the severity of his injuries, a federal investigation concluded.
December 20, 20192019: Freight Market Slowdown, Tariffs Diminished Trucking Industry's Performance
If 2018 was one big party for the trucking and freight business, 2019 was the day after the party.
December 20, 2019Germany Restricts Uber Citing Anti-Competitive Practices
Uber Technologies Inc. has lost another ruling in Germany, after a regional court in Frankfurt ruled Dec. 19 that the company may not process orders for car-hire companies through its app.
December 19, 2019Amazonās Van-Buying Spree Delivers a Gift to Auto Industry
The Amazon.com vans parked outside apartment buildings and along suburban cul-de-sacs arenāt just bearing gifts to online shoppers this holiday season. The e-commerce giantās home-delivery push has been a boon to automakers, too.
December 19, 2019CARB Board Hears Public Comment on Plan for Electric Truck Future
Just when will heavy-duty electric trucks be ready for prime time, and when will motor carriers purchase them?
December 19, 2019