Self-driving car systems company Mobileye Global is acquiring Israeli startup Mentee Robotics in a cash-and-stock deal valued at $900 million, as it looks to develop humanoid robots.
Marelli Holdings Co., the long-struggling auto parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted ...
Avkha Equity Holdings acquired Dart Transit Group effective Jan. 1, ending more than 90 years of Oren family ownership, the carrier announced Jan. 8. Don Oren retired, David Oren remains president of ...
A federal judge overseeing the insolvency case of First Brands Group approved the appointment of a corporate litigator to lead an investigation of the multibillion-dollar fraud claims that have ...
FMCSA is withholding 4% ($158.3 million) of the state’s National Highway Performance Program and the Surface Transportation Block Grant Program funds beginning in fiscal 2027. The agency says ...
North American heavy-duty truck sales remain weak as fleets delay purchases, with McKinsey forecasting a 10% to 25% year-over-year decline through the first half of 2026. Electrification is slowing, ...
International Motors detailed plans for its S13 integrated powertrain to meet EPA’s 2027 heavy-duty truck emissions rules and said it is proceeding as if the standards take effect Jan. 1, 2027. The ...
[Stay on top of transportation news: Get TTNews in your inbox.] Old Dominion Freight Line experienced a slight decline in third-quarter revenue amid ongoing market softness, the company reported Oct.
WASHINGTON — The U.S. has seized two sanctioned oil tankers linked to Venezuela in back-to-back actions in the North Atlantic and the Caribbean, officials said Jan. 7. U.S. European Command announced ...
The focus on autonomous vehicles seemed stronger than ever, but there was less emphasis on electrification and ZEVs. AI technologies have enabled a leap forward in fully autonomous vehicles, driver ...
[Stay on top of transportation news: Get TTNews in your inbox.] CARACAS, Venezuela — President Donald Trump said Jan. 6 that Venezuela would be providing 30 million to 50 million barrels of oil to the ...
Bankrupt auto parts maker First Brands Group has sued Edward James — its former executive and the brother of company founder Patrick James — and its largest creditor, Onset Financial, for conspiring ...
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