Report: Saudi Aramco Shares to Start Trading in December
RIYADH, Saudi Arabia — The long-planned initial public offering of a sliver of Saudi Arabia’s state-run oil giant Saudi Aramco will see shares traded on Riyadh’s stock exchange in December, a Saudi-owned satellite news channel reported Oct. 29 as the kingdom’s marquee investment forum got underway.
October 29, 2019Waymo CEO Sees Driverless Trucking Catching on Faster Than Taxis
True driverless cars have arrived from Waymo, the self-driving unit of Alphabet Inc., but the company’s chief executive officer says robot ride hailing may not be the first form of automotive autonomy to take off commercially.
October 29, 2019GM Profit Falls 7% in Q3 as Strike Cuts Production
GM reported Oct. 29 that its third-quarter net profit fell 7% as a strike by the United Auto Workers union brought its U.S. factories to a standstill.
October 29, 2019Automakers Side With Trump in Legal Fight With California
WASHINGTON — General Motors, Fiat Chrysler, Toyota and many others in the auto industry are siding with the Trump administration in a lawsuit over whether California has the right to set its own greenhouse gas emissions and fuel-economy standards.
October 29, 2019Navistar Creates Electrification Business Unit, Unveils Battery-Electric Prototype
ATLANTA — Navistar announced it is forming a new business unit to support commercial vehicle electrification, and underscored that announcement by unveiling a battery-electric prototype truck Oct. 28 at the 2019 North American Commercial Vehicle Show.
October 29, 2019Daimler Trucks Introduces Dynamic Lease Program
ATLANTA — Daimler Trucks North America introduced a dynamic lease program that uses connected-vehicle technology to enable a “pay-as-you-drive” financing option.
October 28, 2019XPO Reports Mixed 3Q Earnings
Global freight transportation and logistics provider XPO Logistics reported mixed financial results for the third quarter on Oct. 28.
October 28, 2019Diesel Prices Creep Up, but Gasoline Falls
The U.S. average retail price of diesel rose 1.4 cents to $3.064 a gallon, the Department of Energy reported Oct. 28.
October 28, 2019HHS Establishes Guidelines for Oral-Fluid Specimen Drug Testing
The Department of Health and Human Services has established scientific and technical guidelines for the inclusion of oral fluid specimens for use in the Mandatory Guidelines for Federal Workplace Drug Testing Programs.
October 28, 2019Hino Trucks Unveils New Class 4-7 Models
ATLANTA — Hino Trucks unveiled its new M Series Class 4 and Class 5 trucks, and new L Series Class 6 and 7 conventional trucks, at the North American Commercial Vehicle Show on Oct. 28.
October 28, 2019