Federal judge gives preapproval of $135 million class action settlement covering more than 4,600 owners of 2011-2014 Navistar trucks with faulty MaxxForce engines.
The rising price of Workhorse Group stock, helped by GM’s positive statements, has allowed the company to raise $25 million to meet production targets on electric-powered step vans.
Electrification gets the buzz, but Isuzu and Cummins are partnering to jointly develop less-polluting diesel engines as greenhouse gas rules get tougher.
Strong demand for the Chevrolet Silverado 1500 and GMC Sierra 1500 is leading General Motors to invest $24 million in its Fort Wayne, Ind., assembly plant.
