Business

DETROIT — GM's Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after one of them dragged a pedestrian to the side of a San Francisco street in October.

Electric vehicle maker Rivian said Nov. 7 that it will allow other companies to purchase its fleet of delivery vans, ending an exclusive agreement with Amazon.

Profits at Daimler Truck Holding AG in the third quarter fell on the back of lower sales due to supply constraints and the absence of a tax benefit that boosted the year-ago period’s results.

Renault SA and Nissan Motor Co. are close to completing a landmark deal to rebalance their 24-year-long alliance, according to people familiar with the matter.

A study by a U.S. government financial consumer group has concluded that there is widespread risk for truckers being rushed into signing so-called predatory lease-purchase agreements.

RXO reported negative net income and a 14% decline in revenue during the third quarter.

Uber Technologies gave a mixed picture of its business, showing a second consecutive profitable quarter and an increase in demand for rides and delivery but also slowing revenue growth.

The national average diesel price fell 8.8 cents to settle at $4.366 a gallon, according to Energy Information Administration data released Nov. 6.

A new Oklahoma law making it easier for written commercial driver license tests to be administered took effect Nov. 1 to help offset the truck driver shortage.

Virginia Gov. Glenn Youngkin announced a $2 million expansion of Wytheville-based Camrett Logistics to grow its capacity and provide green supply chain technology.