Transport Topics
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Ford Motor Co. is closing a Michigan engine factory as part of the tentative agreement it reached with the United Auto Workers Oct. 30, as the automaker begins to shift from traditional internal combustion engines to battery-powered vehicles.
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ATLANTA — Truck, trailer and component manufacturers unveiled their latest innovations and outlined visions for the industry’s future here at the second edition of the North American Commercial Vehicle Show, while simultaneously preparing for an expected downturn in the equipment market next year.
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Allison Transmission Holdings Inc. reported lower net income and revenue in the third quarter amid uneven demand in its markets.
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IRVING, Texas — Exxon Mobil’s profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped.
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