The automaker is pushing ahead with plans to boost efficiencies to produce the midsize Tacoma and full-size Tundra, which are moving onto a common platform, with an investment at a pickup plant near San Antonio.
Continue Reading the above article 'Toyota earmarks $391 million for next era of Texas...
The EPA intends to announce Wednesday that it will revoke the so-called waiver underpinning California’s power to set vehicle greenhouse gas standards, people familiar with the matter told Bloomberg.
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Fitch Ratings said a short-term strike is not a credit risk, but a prolonged stoppage "could result in liquidity erosion" to the tune of a few billion dollars of cash burn. A prolonged strike would also threaten southeast Michigan's economy.
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The project modifies a 2016 master plan to account for the subsequent purchase and renovation of Michigan Central Station in Detroit's Corktown neighborhood for a mobility hub.
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The revolving-credit facility is expected to help the company grow a partnership with Uber that helps drivers access vehicles that come ready for ride-hailing operations.
Continue Reading the above article 'Fair readies for expansion with $500M credit deal...
The Swedish supplier said the contract was with an unidentified "world-leading" automaker and is likely the first time a thermal camera will be used as a sensor on a self-driving car.
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Ford of Europe President Stuart Rowley told the German newspaper Handelsblatt that a decision about whether to build a second model with VW could happen soon.
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The new capital will allow the self-driving truck company to continue developing its technology and expand routes.
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New electric vehicles, an all-electric pickup truck and an advanced battery system could draw much of the $7 billion that GM has pledged to invest in the U.S.
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The panel has asked Chao, who oversees NHTSA, to provide communications between her or other DOT officials and employees of the Foremost Group, a shipping company founded by her father.
Continue Reading the above article 'House panel launches ethics probe of DOT chief Cha...