Russia War Could Further Escalate Auto Prices, Shortages
DETROIT — BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts.
April 4, 2022Tesla Sells 310,000 Vehicles in Q1 Despite Logistics Issues
AUSTIN, Texas — Tesla delivered 310,000 vehicles in the first quarter, up about 68% from the same period in 2021, the company said April 2.
April 4, 2022Hertz Plans EV Fleet Expansion With 65,000 Polestars
Hertz Global Holdings Inc. plans to buy 65,000 electric vehicles from Polestar over the next five years, a bet that its renters are both EV-curious and eager to drive brands beyond Tesla.
April 4, 2022Visa, Mastercard to Ease Rules, Allowing Stations to Raise Pump Limit
Visa Inc. and Mastercard Inc. are planning a raft of changes to rules for gas stations to allow larger transactions after a surge in fuel prices across the U.S. made it hard for some drivers to fill up using credit cards.
April 1, 202249 MPG Fuel-Economy Standard Ordered for Cars by 2026
The Biden administration ordered carmakers to increase their average fuel economy to about 49 mpg by 2026, in an ambitious effort to make up for progress stalled when President Donald Trump rolled back the efficiency program.
April 1, 2022Updated Jake Brake Added to Paccar MX-11 Engine
Jacobs Vehicle Systems, a worldwide manufacturer of engine retarding and valve actuation systems for the commercial vehicle industry, has upgraded the company’s engine brake on model-year 2021 MX-11 heavy-duty diesel engines from Paccar Inc.
April 1, 2022Plus Weighs IPO of Non-China Business
Plus is considering listing its non-China businesses in a U.S. initial public offering, according to people familiar with the matter, after the self-driving-truck startup scrapped a merger with a blank-check company.
April 1, 2022Rising Fuel Costs Slow Spot Rate Descent
The rise in fuel prices is slowing a decline in spot rates while also potentially suppressing base revenue for some carriers, experts said.
March 31, 2022Congressional Negotiations Ramp Up on Supply Chain, Semiconductor Package
WASHINGTON — Recent passage in the U.S. Senate of comprehensive legislation aimed at boosting domestic manufacturing of semiconductors is helping to set in motion formal negotiations with House lawmakers.
March 31, 2022Aurora Upgrades Autonomous Driving System
Aurora Innovation Inc. is upgrading its self-driving truck technology as it prepares to commercialize its autonomous vehicle technology.
March 31, 2022