STOCKHOLM, April 11 (Reuters) - Swedish truck maker AB Volvo said on Thursday it would build a new heavy-duty truck manufacturing plant in Mexico to supplement the group's U.S. production. ...

DETROIT (Reuters) - Ford said Thursday it will begin shipping to North American dealers 144,000 of its redesigned F-150 and Ranger pickup trucks that it built but held back until now in an effort to head off quality problems. Ford said it also is restarting shipments of F-150 Lightning electric trucks which it had halted in February. The wave of...

Tesla, Inc. ( TSLA ) shares are trading slightly higher on Thursday. Norwegian pension fund KLP, a Tesla investor, might request the company’s AGM to tackle CEO Elon Musk’s hesitance regarding collective bargaining, Reuters reported. A strike by Tesla mechanics in Sweden, one of the country’s lengthiest labor disputes, has long disrupted the automaker’s operations, drawing attention from multiple Nordic institutional investors, the...

(Reuters) - Shares of Rent the Runway ( RENT ) more than tripled on Thursday as the apparel rental firm bets big on artificial intelligence tools to power its growth in the current year following a bleak 2023. The rental firm expects revenue to grow between 1% and 6% in the current fiscal year, compared with a 0.6% rise in...