Tesla Inc.’s Model 3 lost a coveted recommendation from Consumer Reports, dropping its brand from the top 10 of the magazine’s closely watched annual ranking. The electric-car maker’s shares dropped.
February 21, 2019Search
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Amazon to Disclose More Details on Environmental Impact
Amazon.com announced it will disclose its carbon footprint later this year, giving consumers and investors new insight into the environmental cost of its popular two-day shipping.
February 20, 2019Volvo’s First Electric Trucks Put to Work
Volvo Trucks delivered its first all-electric vehicles to two companies operating in Sweden.
February 20, 2019Toyota Acquires Chicago-based Hoist Liftruck
Toyota Industries North America has acquired Chicago-based Hoist Liftruck Manufacturing. The company will be renamed Hoist Material Handling.
February 19, 2019Amazon Leads $700 Million Investment in Electric Car Maker Rivian
Amazon.com led a $700 million equity investment in Rivian Automotive, the electric pickup and SUV maker preparing to deliver its first vehicles next year.
February 15, 2019Wabco Reports Record Annual Revenue
Commercial vehicle supplier Wabco Holdings Inc. reported lower net income and revenue for the fourth quarter, while full-year revenue set a record despite a slowdown in certain key markets.
February 15, 2019VW, Ford Discuss Alliance on Self-Driving Cars
Ford Motor Co. and Volkswagen AG are progressing toward an agreement to join forces on self-driving cars and have overcome earlier obstacles, according to people familiar with the talks.
February 15, 2019Class 8 Sales Jump 39.7% in January
Daimler Trucks North America rode its Freightliner brand to a nearly 50% market share of U.S. Class 8 retail sales in January as volume industrywide cleared 20,000 units, WardsAuto.com reported.
February 14, 2019Spotlight Shines on Pickup Trucks as Electric Vehicle Race Expands
Plug-in pickup trucks look to be the next frontier in the budding electric vehicle industry as startup Rivian Automotive is said to be in talks with General Motors Co. and Amazon.com.
February 13, 2019Mainstream Car Models More Dependable Than Luxury Brands, Survey Shows
Prospective buyers planning to splurge on a luxury car may want to reconsider. Mass-market brands now are more reliable than premium models.
February 13, 2019