Trucks

In an effort to get Mexico to cut tariffs on some U.S. goods, the U.S. federal government may start allowing Mexican trucking companies to transport goods onto U.S. roads.

California has postponed enforcing its strict new diesel-emission standards for four years. The rules, intended to slash emissions from trucks, buses and construction equipment, had been scheduled to take effect in March 2010.

Future longhaul trucks, school buses and large pickup trucks will be required to cut fuel consumption and emissions by 10 to 20 percent under first-ever fuel efficiency plans for trucks released Monday by the Obama administration.

Akerson, who assumed the post Sept. 1, will also receive a portion of his salary in the form of stock, totaling $5.3 million, which will be paid out over three years beginning September 2011.

General Motors reported Wednesday that sales fell 25% in August, as consumers held back from buying autos amid the lackluster economy. For the month, GM said it sold 185,176 vehicles, compared to 246,479 a year ago, a decline of 24.9%. Among its four core brands -- Chevrolet, GMC, Buick and...

In late September, Korean automaker Hyundai will begin building its popular Santa Fe SUV at a Kia plant in West Point, Ga., where its sister company makes the Kia Sorrento SUV. The move is expected to boost the number of workers associated with the plant from 1,900 to 7,000.

Auto sales braked sharply in August, starting out strong, then slowing to a level that may be the lowest in 28 years. The weak economy made nervous consumers hesitant to buy, despite the bevy of end-of-model-year deals.

General Motors is recalling 243,403 vehicles because of a potential safety problem where safety belts could appear to be properly latched when they are not. The recall affects 2009-2010 models of the Chevrolet Traverse, Buick Enclave, GMC Acadia and Saturn Outlook, GM said today in a statement....

Here's news from the business world and other money matters to watch out for Friday (last updated at 7:09 a.m. Eastern time): New 'Tech Titans' Emerge: Economic downturns typically breed innovation in the business world. Given the depth of the Great Recession, it's no surprise then that a whole...

Toyota is reportedly preparing to recall at least 311,000 2010 Priuses to fix a problem with their brakes. Unlike the mechanical issues which led to the two recent recalls of 8 million Toyotas for unintended acceleration, the problem with the Prius is apparently a software issue.