Business, Equipment

Navistar Stock Surges After VW CEO Switch

Navistar International Corp. jumped the most this year after Volkswagen AG changed CEOs, a move that could portend further deal-making between the U.S. truck manufacturer and its second-biggest shareholder.

Jamie Butters | Bloomberg News
April 11, 2018

Detroit Pickup Truck Sales Drop as US Auto Demand Poised to Slow

General Motors Co. and Fiat Chrysler Automobiles NV reported hefty sales declines for the big trucks they’re overhauling this year, a troubling sign for a lucrative segment that’s held up well as the broader U.S. auto market shrinks.

Jamie Butters | Bloomberg News
March 1, 2018
Business, Technology, Equipment, Safety, Autonomous

Alphabet's Self-Driving Unit Finds Another Maintenance Partner

AutoNation Inc., the largest car-dealer group in the U.S., reached an agreement to maintain and help manage fleets for Waymo, the self-driving car unit of Alphabet Inc.

Jamie Butters | Bloomberg News
November 2, 2017