Tag: Commercial vehicle manufacturing

UAW factory workers ratify deal, will end Volvo truck strike

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NORFOLK, Va. — Striking blue-collar workers at a Volvo heavy truck plant in southwestern Virginia have narrowly ratified what the company said was its...

Stellantis: Most models to have electric versions by 2025

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DETROIT — Stellantis is a little late to the global electric vehicle party, but on Thursday it pledged to catch up and pass its...

Rough road goes on for Lordstown Motors; CEO and CFO are out

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Lordstown Motors CEO Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from the startup commercial electric vehicle maker. ...

Startup Lordstown Motors warns it may not stay in business

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DETROIT — Startup commercial electric vehicle maker Lordstown Motors says it may not be in business a year from now as it tries to...

Granholm sells stock in electric bus maker that Biden touted

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WASHINGTON — Energy Secretary Jennifer Granholm has sold her ownership interest in an electric bus maker that President Joe Biden touted during a “virtual...

Daimler Truck to shift spending to battery, hydrogen rigs

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FRANKFURT, Germany — Daimler's truck and bus division says it plans to shift most of its vehicle development resources to zero-emission vehicles by 2025...

Biden plan would pick winners, losers in move to green jobs

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WASHINGTON — In Georgia, school bus-maker Blue Bird has visions of going from selling a few hundred electric buses annually to 15,000. In Michigan,...

Strong sales from Tapestry, Lee maker show clothing rebound

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Strong sales results from Coach's parent as well as from the maker of Wrangler and Lee jeans offer the latest evidence that shoppers' spending...