Business

Hyundai Motor Group and Aptiv Plc are giving their $4 billion autonomous-driving joint venture a new name and going on a hiring spree to stay competitive in the race to develop self-driving cars.

General Motors Co.’s chief financial officer is stepping down after two years to take a job at a financial technology company in an unexpected move prompting the automaker to appoint an acting successor.

Hertz Global Holdings Inc. is seeking debtor-in-possession financing more than two months after filing for Chapter 11 protection, reflecting the reality that it still faces trouble ahead if travel doesn’t bounce back.

Geotab launched a free add-in to its driver mobile app to help truckers navigate the coronavirus landscape, the company announced Aug. 6.

SACRAMENTO, Calif. — A judge on Aug. 10 ordered ride-hailing giants Uber and Lyft to treat their California drivers as employees instead of independent contractors, but the ruling won't take effect right away as both companies said they will immediately appeal to a higher court.

The postponed International Roadcheck event has been rescheduled for Sept. 9-11, the Commercial Vehicle Safety Alliance announced Aug. 10.

Less-than-truckload and logistics company Fastfrate Group has acquired cross-border carrier Bestway Cartage Limited and Bestway Global Limited, Fastfrate announced Aug. 10.

Old Dominion Freight Line Inc. announced it added nine service centers in new and existing markets during the first half of the year to lift its nationwide service center total to 238.

Two days after President Donald Trump moved to implement scaled-down coronavirus relief without congressional approval, there’s no indication the tactic will get Republicans and Democrats back to the negotiating table for a comprehensive stimulus.