Tesla 2019 Sales Hit Goals, Rise Over 50% From Previous Year
DETROIT — Tesla Inc.’s global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for 2019.
January 3, 2020Truck Orders to Plunge, GDP to Fall Lower, Diesel Prices to Rise in 2020
As 2020 begins, the signs are mixed for trucking.
January 2, 2020Natural Gas Engines’ Future Could Brighten Even as CWI Joint Venture Approaches End
The long-standing joint venture between Cummins Inc. and Westport Fuel Systems Inc. for the manufacture of natural gas engines is nearing a turning point, with the companies and industry observers discussing what lies ahead both for the partners and for natural gas technology.
January 2, 2020Diesel Climbs 2.8¢ to $3.069 Per Gallon
The U.S. average retail price of a gallon of diesel rose 2.8 cents to $3.069 a gallon, the Department of Energy reported Dec. 30.
December 30, 2019Diesel Prices Remain Stable as IMO 2020 Mandate Set to Begin
Years of planning and preparation by the ocean shipping, oil and trucking industries are set to pay off as adequate supplies of diesel fuel are expected to be ready now that an International Maritime Organization mandate for the use of lower polluting fuel on ocean vessels is about to take effect.
December 30, 2019Oil Extends Gain Near Three-Month High as US Stockpiles Shrink
Oil rose for a fifth session, the longest run of gains since July, as a bigger-than-forecast decline in U.S. crude stockpiles eased oversupply concerns.
December 30, 2019Turkish Leader Unveils Prototypes of Electric Car
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.
December 27, 2019Volkswagen Raises Forecast for Electric Car Production
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.
December 27, 2019GM, Tesla Head for New Year Without Electric Vehicle Tax Credits
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.
December 27, 2019Rust Belt Region Banks on Becoming Hub for Electric Vehicles
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.
December 27, 2019