General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drivelines for electric vehicles.

DEARBORN, Mich. — A parts shortage that has thousands of Ford’s most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast.

LONDON — Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy giant said Sept. 15, a change that comes as oil and natural gas companies are under pressure to shift away from fossil fuels .

Here’s how some industries are gauging the potential impacts and getting ready for the possible rail work stoppage.

DETROIT — General Motors said Aug. 31 that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits.

STEPHENVILLE, Newfoundland — The leaders of Germany and Canada said Aug. 23 a new hydrogen pact will kick-start a transatlantic hydrogen supply chain, with the first deliveries expected in just three years.

CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.

BRUSSELS — The European Union expressed concern Aug. 11 that a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles would discriminate against European producers and break World Trade Organization rules.

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.

The U.S. Postal Service plans to substantially increase the number of electric-powered vehicles it’s buying to replace its fleet of aging delivery trucks, officials said July 20.