Equipment

DETROIT — An electric Ram pickup truck with up to 500 miles of range per charge is among the new vehicles being introduced April 5 at the New York International Auto Show.

North American Class 8 orders in March ended a short-lived recovery by dropping to 19,200 units, ACT Research reported.

Excess capacity in the spot market amid weakening demand has raised uncertainty over whether rates have actually hit bottom.

FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.

DETROIT — General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race.

Ford Motor Co.’s sales rose 10.1% year-over-year in the first quarter, lifting the Blue Oval to the best-selling brand — but not manufacturer — in the country for the January-March period.

BrightDrop has shipped the first 500 electric delivery vans out of CAMI Assembly in Ontario, Canada, that opened three months ago, the company said April 3.

Volvo AB’s second-largest shareholder, Geely, said while it’s not currently planning any changes to its position, “anything is possible” in the future.

FRIDLEY, Minn. — President Joe Biden ventured to suburban Minneapolis on April 3 to highlight job growth and investments nationwide during a visit to engine maker Cummins Inc.

Automakers who are waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits will have to keep waiting.