Business

An early Tesla Inc. Cybertruck is one of the key items up for grabs at the Petersen Automotive Museum Gala on Oct. 7 in Los Angeles.

DETROIT — Automakers posted big increases in new vehicle sales during the summer, despite high prices, rising interest rates and even a limited strike against Detroit companies.

Uber said Oct. 4 that its drivers will collect up to five prepaid and sealed packages and drop them off at a local post office or at UPS or FedEx stores. 

CLEVELAND, Ohio — The former CEO of Lordstown Motors Corp. has bought the company’s assets for $10 million, according to documents filed with the U.S. Securities and Exchange Commission.

Estes Express Lines on Oct. 3 confirmed that its IT systems were the target of an ongoing cyberattack, but said its trucks were still moving freight.

UPS Inc. will acquire MNX Global Logistics for an undisclosed sum, the parcel delivery company said Sept. 28. The deal is expected to close by the end of the year.

Cummins Emission Solutions completed the acquisition of two Faurecia commercial vehicle manufacturing plants in Indiana and the Netherlands for $208.56 million, Cummins Inc. said.

Thirty-one port projects in Texas will begin receiving an estimated $240 million in state funds to improve those facilities and bolster the state’s supply chains.

WASHINGTON — The charitable arm of American Trucking Associations recognized members of Congress who are working to raise awareness of fentanyl addiction in the United States.

Hendrickson acquired commercial vehicle brake component specialist Brunner for an undisclosed sum Oct. 2, the Woodridge, Ill.-based company said.