Polestar Loss Deepens to $1.46B Amid Slowing EV Demand
Polestar Automotive Holding UK Plc reported deepening losses for last year as the EV maker faced weaker demand amid organizational challenges that delayed its earnings report.
June 28, 2024Operations Underway at VTNA’s New River Valley Assembly Plant
DUBLIN, Va. — Cabs for VTNA's redesigned flagship Class 8 VNL tractor — launched in January — are built at the new Plant 2 of the New River Valley manufacturing facility.
June 27, 2024Could Cheap Chinese EVs Reach US From Mexico?
Low-priced Chinese EVs pose a potentially "extinction-level event" for America’s auto industry.
June 27, 2024VTNA: US Class 8 Retail Sales Running Below Expectations
DUBLIN, Va. — U.S. Class 8 retail truck sales paced a bit below expectations through May and are now expected to total 260,000 to 270,000 in 2024, according to VTNA executive Magnus Koeck.
June 26, 2024Rivian to Form EV Venture With $5 Billion From Volkswagen
Volkswagen will invest $5 billion to form a joint venture with electric vehicle maker Rivian Automotive, throwing a lifeline to the startup and giving VW access to Rivian's technology.
June 25, 2024GM Hires CEO Whitten for Troubled Cruise Robotaxi Service
General Motors on June 25 named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise.
June 25, 2024Elevating Truck Safety: The Rise of ADAS Technology
Prioritizing safety is an integral characteristic of the most successful fleets and ADAS technology is at the forefront of modern safety strategies. Jeff Loftus, FMCSA Technology Division Chief, joins TT's Seth Clevenger to discuss the current outlook on ADAS technology and his plans for phase 2 of the TechCelerate Now program.
June 25, 2024Tesla Recalls Cybertrucks Twice in One Day
Tesla Inc. is recalling its Cybertruck model again over faulty windshield-wiper components and trim pieces that may come loose while driving.
June 25, 2024Aurora Innovation, Uber Freight Launch Driverless Program
Uber Freight and Aurora Innovation are launching a program aimed at providing carriers with early access to over a billion miles of driverless deliveries, the companies announced June 25.
June 25, 2024Cellcentric Begins Pilot Hydrogen Fuel Cell Production in Germany
Cellcentric began pilot production of hydrogen fuel cells June 20 at its Esslingen plant in Germany, the joint venture between Daimler Truck and Volvo Group said.
June 24, 2024