Equipment

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.

What began as a $510 small claims case brought by a trucking company has evolved into what some are calling a precedent-setting case.

Walmart Inc. has been pouring investment into its e-commerce operation for years in an effort to catch up with Amazon .com Inc. Now it’s trying to boost its appeal with a new online look.

Rivian Automotive Inc. built 9,395 battery-electric vehicles in the first three months of the year as the company aims to ramp up production.