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Hyundai Set to Penetrate US Pickup Market

Hyundai Motor Co. expects to enter the U.S. pickup market soon with what likely is to be an American-made vehicle aimed at luring buyers who aren’t traditional truck owners, an executive said July 8.

July 9, 2019

Document Automation Puts Trucking Back Office in Fast Lane

The deluge of documents that trucking generates is increasingly managed and processed via automation. Providers of document-management systems said these systems yield labor savings and efficiencies.

July 9, 2019

Diesel Rises 1.3¢ to $3.055 a Gallon

The U.S. average retail price of diesel rose 1.3 cents to $3.055 a gallon, the Department of Energy reported July 8. Crude slid to less than $58 a barrel, then rebounded later in the week to just above $60.

July 8, 2019

Transportation Secretary Elaine Chao Stresses Benefits of Long-Term Highway Bill

Transportation Secretary Elaine Chao says state and local governments also would benefit from a long-term infrastructure plan. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

July 8, 2019

California Greenlights Waymo Taxi Test Program

California has granted Waymo permission to carry passengers in the autonomous vehicles it is testing on the state’s roads, paving the way for the self-driving car company to roll out a taxi service in San Jose.

July 5, 2019

Electric Jaguars to Be Made in UK Despite Brexit Uncertainty

LONDON — Jaguar Land Rover says it will manufacture a range of electric cars in the U.K., a boost to an industry braced for turmoil ahead of Britain’s departure from the European Union.

July 5, 2019

BMW CEO Harald Krueger to Quit After Carmaker Loses Early Lead in Electrics

FRANKFURT, Germany — BMW CEO Harald Krueger is stepping down after a four-year tenure in which the automaker lost its lead in luxury car sales and saw an early head start in electric vehicles evaporate.

July 5, 2019

Ford Readies for Push in Electric Cars, Morgan Stanley Says

Ford Motor Co. is preparing to make a bigger push in electric vehicles, according to Morgan Stanley.

July 3, 2019

Musk Seeking Tesla Deliveries Record Could Be a Double-Edged Sword

Analysts’ fear is that even if Tesla does show marked improvement in deliveries this quarter, Musk will achieve this at the expense of profitability. And with a shrinking U.S. tax credit posing a threat to demand in the second half of the year, Tesla’s efforts to hand over more Model 3s overseas could further compromise earnings because of relatively higher shipping expenses.

July 1, 2019

VW’s Traton IPO to Raise $1.8 Billion, Pricing at Low End

Volkswagen AG raised 1.55 billion euros ($1.8 billion) selling a stake in its truck business, but only after pricing the offer at the low end of a target range to attract investors to one of Europe’s biggest initial public offerings this year.

June 27, 2019