PONTIAC, Mich. — Thundering gas-powered muscle cars, for decades a fixture of American culture, will be closing in on their final Saturday-night cruises in the coming years as automakers begin replacing them with super-fast cars that run on batteries.
August 18, 2022Search
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Flotilla of Diesel Ships Heads to Europe Amid Energy Crisis
A fleet of ships carrying diesel, one of the world’s most important fuels, is heading for European markets facing energy-security threats from high temperatures, soaring gas prices and Russian disruption.
August 18, 2022Paccar to Offer Cummins X15 Natural Gas Engine
Paccar Inc. announced it will offer the new Cummins Inc. X15N natural gas engine in its Kenworth and Peterbilt truck brands.
August 17, 2022Stellantis May Invest Billions to Make EVs in Mexico
Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for battery-powered transport.
August 12, 2022Tesla, Nikola Race for Up to $40,000 Incentives
The Inflation Reduction Act would give up to $40,000 tax credits per heavy-truck purchase, suggesting that competition to get the Tesla Semi to compete with Nikola will heat up.
August 12, 2022Congress Eyes Finish Line for Freight-Centric Budget Bill
Debate on a multibillion-dollar budget bill targeting supply chain connectivity concerns, clean energy initiatives and economic incentives remains front-and-center on Capitol Hill.
August 11, 2022Rivian Leads EV Slump After Investors Shun Money Losers
Even a breakthrough U.S. climate bill designed to encourage sales of electric cars has failed to revive investor interest in Rivian Automotive Inc., as the risk-hungry traders who catapulted its shares to dizzying heights last year shun companies for whom profitability is still years away.
August 11, 2022Gas Prices Dip Just Below $4 for First Time in 5 Months
Gasoline prices dipped to just under the $4 mark for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials.
August 11, 2022Daimler Truck Shrugs Off Supply Chain Issues With Rising Sales
Daimler Truck Holding AG overcame supply chain headwinds to increase unit sales during the second quarter of 2022, the company reported Aug. 11.
August 11, 2022Nikola CEO Mark Russell to Retire Jan. 1
Truck manufacturer Nikola Corp. has announced a leadership change that places a 20-year automotive industry veteran at its helm.
August 10, 2022