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While the average gasoline-powered F-150 now sells for almost $63,000 — 25% more than five years ago — the electric version commands a premium of almost 30% over that.

Ford Motor Co. CEO Jim Farley said rival Tesla Inc. could start a price war and turn certain electric vehicle models into commodities after it cut prices again.

The underlying issues causing empty miles and unfilled trucks persist even as a balancing supply chain has softened them, experts warned.

Volvo Group raised its forecasts for registrations as the world’s second-biggest truck maker saw orders increase 32%.

Third-party logistics providers enjoyed another growth year in 2022, driven by inventory buildup from past supply chain disruptions and decreasing purchased transportation costs.

Third-party logistics providers have been adjusting to normalizing market conditions as supply chain disruptions, inventory shortages and surging demand have receded.

DETROIT — Tesla dropped the starting prices for its two top-selling models overnight, the company’s fourth price cut in the U.S. this year.

TRENTON, N.J. — New Jersey residents looking to buy or lease an electric vehicle won’t be able to get a government rebate — at least temporarily.

Terry Aberhart has watched the spindly, fixed-wing drones zip across the big skies over his farm in Canada’s Saskatchewan province, testing a technology that could be the future of weeding.

U.S. retail sales for medium-duty trucks fell 5.6% in March compared with the year-ago period, according to data from Wards Intelligence.