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Electric trucks now outsell LNG models in China, so its demand for fossil fuels could fall, and "in other countries, it might never take off,” according to an analyst.

Hedge fund MFN and its affiliate objected to confirmation of the plan because they believe the unsecured creditors will have too much influence on where the funds are dispersed.

Caterpillar was always an unlikely winner in the AI craze. It makes the bulk of its money selling the equipment like yellow earth movers that has made it a stalwart of American industry.

The last unit, a white five-door hatchback, rolled off the line at the Saarlouis plant in Germany this month, marking the end of a car that sold more than 12 million units worldwide, Ford said.

Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative, the world’s biggest carmaker said in a statement. 

Agency's letter to the state Department of Motor Vehicles outlined a series of actions California must take to rectify what FMCSA has determined are problematic processes and systems.

Trade finance platform Raistone is looking to sell itself after the collapse of its biggest client, auto parts supplier First Brands Group.

"We won’t stop fighting to keep dangerous, unqualified truck drivers off the road," Transportation Secretary Sean Duffy said in a post on X. 

Testing of Daimler Truck’s prototype Mercedes-Benz GenH2 truck is set to enter a new phase with a second group of carriers, the parent company of Freightliner and Western Star said.

Ford joins Hyundai Motor on the Amazon Autos portal, which allows car buyers to browse, finance and purchase a used car by clicking on the familiar “add to cart” icon.