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A U.S. services gauge unexpectedly shrank at the end of 2022, with steep declines in measures of business activity and orders that, if sustained, risk heightening concerns about the demand outlook.

LAS VEGAS — Advances in the development of autonomous trucks highlighted a heavy focus on commercial vehicles and supply chain technologies at CES 2023.

North American Class 8 orders in December were 30,300, amplifying a trend of year-over-year gains in 2022 that began in September — the highest-ever month for orders, ACT Research reported.

Mercedes-Benz says it will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla.

The U.S. government has angered Tesla Inc.’s Elon Musk and handed welcome news to other automakers like Hyundai Motor Co. with guidance on which electric vehicles will qualify for tax credits in the coming months.

Shortages of computer chips and other parts continued to hobble the U.S. auto industry last year, contributing to vehicle sales dropping 8% from 2021 to their lowest level in more than a decade.

91ÊÓƵ, an independent subsidiary of Daimler Truck AG, announced a multiyear strategic collaboration with Foretellix, a provider of verification and validation solutions for automated driving systems, intended to reduce development costs and accelerate time-to-market.

Utility Trailer Manufacturing Co. announced Royal Truck & Utility Trailer, formally Royal Truck & Trailer, is now the full-service Utility dealer for the state of Michigan.

The average retail price for a used Class 8 vehicle in November inched higher though sales declined by a few hundred units and mileage rose compared with a year earlier, ACT Research reported.

Contemporary Amperex Technology Co. Ltd.’s share of the electric vehicle battery market continues to grow, as the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022.