General Motors Co. loaned the buyer of its half-century-old assembly plant in Ohio $40 million to help the cash-strapped startup roll out an electric pickup truck.
December 10, 2019Search
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Diesel Drops 2.1¢ to $3.049 a Gallon
The U.S. average retail price of diesel dropped 2.1 cents to $3.049 a gallon, the Department of Energy reported Dec. 9.
December 9, 2019Germany Edges Out Norway as Europe’s Biggest Electric Car Market
Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europe’s biggest auto market in position to become the regional leader on an annual basis for the first time.
December 9, 2019The Dawn of Electric Trucks
The introduction of electric-powered commercial trucks continued to gain momentum in 2019 with more investment, more prototypes unveiled and more deployments in real-world freight operations. Read our Special Report.
December 6, 2019OPEC Nations, Russia Agree to Cut Oil Output to Lift Prices
The OPEC oil-producing countries and ally Russia said Dec. 6 they have agreed to cut their crude production by an extra 500,000 barrels a day as they try to support global energy prices.
December 6, 2019Watchdog Faults Rushed EPA Rulemaking on Glider Trucks
WASHINGTON — The Trump administration rushed to exempt glider trucks from clean air rules without conducting a federally mandated study on how it would impact public health, the Environmental Protection Agency’s inspector general said Dec. 5.
December 6, 2019The 2010s: A Decade of Ups and Downs in Trucking
As we close 2019, we are also wrapping up a decade. While we normally look back at the year that was, it also seems like a good time to review the past 10 years.
December 20, 2019Saudi Aramco Plans $25.6 Billion Share Sale in Richest IPO Ever
DUBAI, United Arab Emirates — Saudi Arabian oil company Aramco on Dec. 5 set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft.
December 5, 2019Toyota Having Trouble Keeping Hybrid Car Models in Stock
Toyota Motor Corp. has a problem with selling its hybrids — it can’t get enough of them.
December 5, 2019GM to Build $2.3 Billion Battery Plant in Lordstown, Ohio
General Motors Co. and its battery partner, South Korea’s LG Chem Ltd., will jointly invest $2.3 billion in a new electric vehicle battery plant to be built in Lordstown, Ohio, the same city where the automaker controversially idled and then sold a 53-year-old compact-car factory.
December 5, 2019