Business

Volkswagen AG is increasing investments in software and EVs to close the gap to Tesla and halt a decline in China just as the threat of a demand slowdown hangs over the automotive market.

Tesla Inc.’s "Autopilot" name for its trademark driver-assistance system lacks “common sense,” according to Transportation Secretary Pete Buttigieg.

“End-of-life” tires that can no longer be retreaded are often stored in a drop trailer and taken away to a recycling facility. Tire industry experts say that’s the preferred environmental practice.

Chinese driverless technology startup Guangzhou WeRide Technology Co. has filed confidentially for an initial public offering in the U.S. and is looking to raise as much as $500 million, according to people familiar with the situation.

U.S. Class 8 retail sales in February jumped 35% from a year ago, and notched a slight increase from the prior month, Wards Intelligence reported.

Trinity Industries has acquired RSI Logistics for $70 million, the company announced March 9.

WASHINGTON — America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation.

GRAPEVINE, Texas — Like other sectors of the trucking industry, truck stop plazas are learning firsthand the challenges and opportunities they will face as hydrogen, battery-electric and other alternative fuel sources become more widespread.

The Port of Milwaukee’s new $40 million agricultural maritime export facility not only marks its largest cash infusion since the 1950s, but also will open doors to more overseas markets using its multimodal infrastructure.

North American Class 8 orders in February hit 23,600 units, ending a month-to-month decline that started in October, ACT Research reported.