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Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader.

Navistar International Corp. introduced aftermarket product line Diamond Advantage to provide parts for Class 2-5 diesel engines and engine components.

Trailer manufacturer Trail King Industries announced the addition of two new dealers to its network.

Classes 4-7 sales dipped 1% in February to 17,580 compared with a year earlier, WardsAuto.com reported.

Postmaster General Louis DeJoy, defending the selection of a gasoline-powered vehicle maker to build the next generation of U.S. mail trucks, said he envisions the service moving quickly to electric power.

U.S. trailer orders in February reached 24,200, an increase of 82% from a year earlier, ACT Research reported.

LG Chem Ltd. plans to invest $4.5 billion in the U.S. by 2025 and hire 10,000 workers to expand battery capacity.

Isuzu Commercial Truck of America Inc. unveiled what it called major changes intended to enhance its 2022 interim model year N-Series diesel trucks.

Original equipment manufacturers, shippers and environmental activist groups are aligning behind the promised benefits of zero-emission trucks, and are encouraging the trucking industry to accelerate adoption of vehicles powered by alternatives to diesel.