Fuel

ANKARA, Turkey — Turkish President Recep Tayyip Erdogan on Dec. 27 unveiled prototypes of a domestically produced electric car, putting him closer to fulfilling a long-held dream of building Turkey’s first “national” automobile.

FRANKFURT, Germany — Automaker Volkswagen is accelerating its move into battery-powered cars, saying it will reach its goal of 1 million electric cars per year two years earlier than planned.

General Motors Co. and Tesla are about to become the first automakers that will have to sell EVs without the benefit of a $7,500 federal tax credit.

The day Youngstown’s steel mills began shutting down 40 years ago remains fresh in the minds of those who live in the blue-collar corner of Ohio. Community leaders don’t want the recent closing of General Motors’ massive assembly plant to leave that same lingering gloom.

Tolls on motorists entering midtown Manhattan promise to alter everyday life for millions of people in the most populous U.S. city. Yet with the fees slated to begin in a year, the panel empowered to set pricing and other policies has yet to be created.

The U.S. average retail price of diesel dipped 0.5 cent to $3.041 a gallon, the Department of Energy reported Dec. 23.

Rivian Automotive Inc., the electric truck maker already backed by Amazon.com and Ford Motor Co., raised another $1.3 billion from investors led by T. Rowe Price to support the rollout of its debut vehicles next year.

Tesla Inc. climbed above $420 for the first time Dec. 23 as fresh financing arranged from banks in China added to optimism supporting a monthslong rally.

If 2018 was one big party for the trucking and freight business, 2019 was the day after the party.

For the trucking industry, 2019 was a year of transition, replete with regulatory victories and disappointments.