Navistar said it will take a $159 million charge against second-quarter earnings to settle a class action covering 65,000 trucks sold with faulty MaxxForce engine technology.
Labor faces hurdles to duplicate situation at Los Angeles port where strike-plagued NFI Industries will leave amid labor disputes and new city lease terms.
The best offers this month take thousands off vehicle prices and allow buyers to finance for a low interest rate.
Trucking companies that haul U.S. mail for the Postal Service on highway contract routes are grappling with changes to the $6.6 billion program.
The trucking industry already was softening before the latest round of tariff increases in the U.S.-China trade war brought new challenges.
Remaking the shuttered General Motors Lordstown Complex into an electric truck plant requires serial entrepreneur Steve Burns to find investors and land a big contract.
Workhorse Group stock surged and trading halted after President Donald Trump tweeted that the tiny company would buy General Motors’ shuttered Lordstown Assembly Complex.