Business

The U.S. average retail price of diesel fell 2.7 cents to $3.037 a gallon, the Department of Energy reported Jan. 21.

Tesla Inc. fired back against a petition filed with U.S. regulators, saying in a blog post Jan. 20 that it’s “completely false and was brought by a Tesla short seller.”

Meritor Inc. has acquired all the outstanding common shares of Transportation Power Inc., a company focused on developing electrical drive systems and related technology for manufacturers of trucks, school buses, refuse vehicles and terminal tractors.

Police and prosecutors on Jan. 21 have been raiding 10 sites across Germany over allegations that two of the company's diesel engines may be equipped with devices to cheat on emissions tests.

Truck tonnage for 2019 increased 3.3%, softer than year-ago levels but continuing a streak of annual gains, American Trucking Associations announced Jan. 21.

Commercial vehicle aftermarket parts and accessories manufacturer Minimizer has acquired Premier Manufacturing Co., which makes separate aftermarket tractor-trailer parts.

The vehicle Cruise has been developing along with GM is a purpose-built electric, autonomous model designed to be more spacious and passenger-friendly than a conventional, human-driven car.

Canada's $230 billion industrials group has become the third-most valuable collection of companies on its equity market.

Averitt Express opened a new distribution and fulfillment center in Atlanta, according to a company news release.

Daimler Trucks announced in-use testing of the Mercedes-Benz eEconic, its battery-electric low-floor truck intended for municipal waste collection, would begin in Europe in 2021.