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Tesla Model 3 Loses Consumer Reports Recommendation

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, 2019

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, 2019

Volvo’s First Electric Trucks Put to Work

Volvo Trucks delivered its first all-electric vehicles to two companies operating in Sweden.

February 20, 2019

Toyota 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, 2019

Amazon 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, 2019

Wabco 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, 2019

VW, 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, 2019

Class 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, 2019

Spotlight 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, 2019

Mainstream 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