The move caps months of talks with owners, customers and creditors to find a way for Europe’s rare homegrown maker of EV batteries to continue operations.
November 21, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
October Trailer Orders Drop 52% From Last Year
The only year-over-year increase this year was a 37% rise in April, but that bright spot came after six months of unfavorable year-over-year comparisons and has now been followed by six more.
November 21, 2024Hess Toy Truck Marks 60th Anniversary
This holiday season brings a milestone for the Hess toy truck in the form of its 60th anniversary.
November 21, 2024Deere Expected to Report Weakest Q4 Since 2020
Sales of agricultural tractors continued their decline in October, with U.S. sales falling about 14% from the previous year, the Association of Equipment Manufacturers said in a report.
November 20, 2024Judge Warns of Pitfalls in American Tire’s Bankruptcy Plan
The current debtor-in-possession financing plan could risk a lawsuit down the road, Judge Craig T. Goldblatt told lenders at a Nov. 19 hearing in Delaware.
November 20, 2024Jaguar Rebrand Promo Shows Logo, but Where’s the Car?
NEW YORK — A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car.
November 20, 2024October Medium-Duty Sales Increase 5.5% From 2023
Classes 4-7 total retail truck sales for the month increased 5.5% to 20,484 units from 19,419 a year ago. Sales also increased 11.8% sequentially from the 18,316 reported in September.
November 20, 2024Ford to Cut 4,000 Jobs in Europe
FRANKFURT, Germany — Ford says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing the economy and weak sales of electric cars.
November 20, 2024Four New Technologies Added for 2026 Crash Safety Ratings
The five-star crash test ratings, which most vehicles now receive, would not change under the new system. Consumers would see green check marks for vehicles with the new safety features.
November 18, 2024Ford Faces NHTSA Investigations Over Recall Issues
U.S. auto safety regulators are probing two recent recalls by Ford Motor Co. as the carmaker struggles to contain quality lapses in its vehicles.
November 18, 2024