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Truck rental utilization is a key performance indicator for the fortunes of Ryder’s biggest business unit and for the health of the freight market in general, CEO Robert Sanchez said.

Hyundai announced Dec. 4 it deployed 21 of its Xcient hydrogen fuel cell electric trucks in Georgia to ferry supplies between the ports and the automaker’s newly opened $7.6 billion EV factory.

North American Class 8 truck orders in November continued to trend below year-ago levels, according to ACT Research.

Stellantis NV is working to rebuild trust with dealers, suppliers, unions and governments after a period of tension under former CEO Carlos Tavares.

DETROIT — The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in Q4.

The kind of revenue your shop brings in is almost entirely dependent on the efficiency of your techs. Time is, after all, money. Learn some strategies that you can implement to boost your tech efficiency. 

DETROIT — General Motors is adding over 132,000 heavy-duty pickups to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park.

TuSimple co-founder and former CEO Xiaodi Hou, who claims to be the company’s largest shareholder, is also seeking judicial aid in an increasingly bitter spat with former colleague Mo Chen.

Stellantis NV appointed executives including North America boss Antonio Filosa to a committee taking over from ousted CEO Carlos Tavares, as the automaker works to fill a leadership void.

NEW YORK — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker amid an ongoing struggle with slumping sales.