Fuel News

The company has so little cash that it has been operating on a week-to-week basis with help from automakers willing to pay in advance to keep vital parts flowing.

The move comes immediately on the heels of a trade deal with the U.S. that slashes punitive tariffs for Indian exports but demands that the country stop importing discounted Russian oil.

The official rule repeals, which have been telegraphed for months, lay the groundwork for unwinding more federal climate regulations, experts say.

Oil markets are awash in crude, keeping a lid on prices and squeezing drillers. For U.S. refiners, though, the glut is proving a windfall. 

Ford is planning to launch five new models priced under $40,000 by the end of the decade in a gambit to offer more affordable vehicles as the average cost of new cars tops $50,000 in the U.S.

The House Commerce, Manufacturing and Trade Subcommittee approved the Preventing Auto Recycling Theft Act, which would require new vehicles to have an ID number stamped onto converters.

Paccar is set to unveil two engine platforms ahead of the introduction of tighter Environmental Protection Agency nitrogen oxide emissions in 2027, senior executives said Feb. 10.

Alleged multistate diesel fuel thieves have been arrested in one criminal ring that purportedly used cloned credit cards, while another operation involved hacking into truck stop pumps.

The U.S. government on Feb. 11 further asserted its self-appointed role in turning around Venezuela’s oil industry with the arrival of Energy Secretary Chris Wright for a firsthand assessment.

Although zero-emission technologies are available, fleet operators also can achieve significant progress toward decarbonization through pragmatic, intermediate steps to improve efficiency.