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Marathon Asset Management and others that provided First Brands Group with $1.1 billion are seeing the super-senior debt crater at a speed that bankruptcy experts say is unprecedented.

Heightened risk of fraud and theft this holiday season adds to the challenges the trucking industry already is contending with, experts warned.

The automaker will equip its upcoming R2 sport utility vehicles with Rivian Autonomy Processor 1 chips and a new lidar sensor. TSMC will produce the chips.

The S&P 500 entry, announced Dec. 5, has added fuel to the shares’ ascent. The first day Carvana trades in the index will be Dec. 22. 

Volkswagen said it’s monitoring market developments and has reserved the range extender concept for its future EV platform.

North American Class 8 truck orders fell from the prior year and sequentially in November despite the month usually being the third strongest of the year.

SK Innovation’s battery unit SK On will take over the companies’ BlueOval SK plant in Tennessee, while Ford will take on their factory in Kentucky, according to an emailed statement.

Transportation providers are gaining access to a broad menu of emerging artificial intelligence capabilities, available both as bolt-on systems and embedded features in transportation management software.

She will succeed retiring current CFO Stefan Kurschner, who will remain with DTNA through January, DTNA said.

Kenworth and Peterbilt continue to build out their battery-electric tractor and truck portfolios, launching three new models each Dec. 9.