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Strike Cost Ford 100,000 Vehicle Sales, $1.7 Billion in Profits
A six-week United Auto Workers strike at Ford cut sales by about 100,000 vehicles for the year and cost the company $1.7 billion in lost profits, the automaker said Nov. 30.
December 1, 2023Silicon-Focused Battery Startup NanoGraf to Open Chicago Plant
NanoGraf, a startup specializing in high-performance batteries made using silicon, is close to starting operations at a facility near Chicago’s central business district.
December 1, 2023Proposed EV Tax Rules Could Make Full Credit Harder to Get
The departments of Treasury and Energy proposed new rules Dec. 1 that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit.
December 1, 2023OPEC Countries Cutting Output in Bid to Increase Oil Prices
The OPEC oil cartel led by Saudi Arabia and allied producers including Russia made another big swipe at propping up lagging crude prices Nov. 30, expanding some output cuts into next year.
December 1, 2023NYC Congestion Plan Would Charge Business District Drivers
Most drivers would pay $15 to enter Manhattan’s business district under a plan released by New York officials Nov. 30, the first such program in the U.S. if approved by officials next year.
December 1, 2023Shipping Giants Want End Date for Fossil Fuel-Only Vessels
Europe’s biggest container lines want to phase out ships powered only by fossil fuels, they say in a proposal jointly made by Mediterranean Shipping Co., Maersk, CMA CGM and Hapag-Lloyd.
December 1, 2023Grants Expand Eastern Iowa Colleges’ Truck Driving Program
Eastern Iowa Community Colleges has received more than $875,000 in grants to expand its truck driving/commercial truck driving program.
November 30, 2023Tesla Cybertruck to Start at $60,990 as Deliveries Commence
After years of development delays and manufacturing snags, Tesla Inc. finally handed over its first Blade Runner-esque Cybertrucks to customers.
November 30, 2023Congressional Funding Negotiations Continue in December
After the enactment of a short-term government funding bill, congressional fiscal 2024 budget negotiations are expected to continue through the holidays.
November 30, 2023Navistar Sustainability Push Gathers Steam
Navistar’s sustainability commitments go back more than 20 years, but in 2023, it has sharpened its focus.
November 30, 2023Trending
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