VW Has Fixed, Repurchased Half of 2.0L Diesels

Volkswagen has bought back or repaired more than half of the 475,000 vehicles with 2.0-liter diesel engines that failed to meet emissions standards as part of a federal settlement about six months after it began the program.

New Accounting Rules Require All Leases on Balance Sheets

The Financial Accounting Standards Board (FASB) has voted to move forward with a new standard that would require companies and organizations to include lease obligations on their balance sheets, a move that's being greeted with cautious optimism by fleet management companies.

American Petroleum Institute Updates the Advancement of API PC-12 Specification

The American Petroleum Institute Lubricants Standards Group (LSG) approved three key actions that will now move to an electronic ballot for inclusion in API 1509 as part of the development of the new Proposed Category 12 (PC-12) heavy-duty engine oil specification.

Truck and Van News: Ram Trucks, Ford F-450, Navistar Vocational

Latest truck announcements include Ram adopting SAE towing standards, Ford's 2015 F-450 towing rates, Navistar vocational trucks hitting the market, as well as several other truck and van updates.

'Light Truck' Definition Could Be Tightened as Fuel Economy Rule Overhaul Looms

API PC-12 Engine Oil Specification Approved

The API PC-12 heavy-duty engine oil specification has been formally approved and will be incorporated into the Engine Oil Licensing and Certification System (EOLCS) document.

GM Moving Toward Carbon Fiber Pickup Beds

General Motors is considering carbon fiber for the beds of its next-generation Chevrolet and GMC pickup trucks to better compete with Ford's F-Series pickups and meet future fuel-economy standards.

Rules Regulating Gas Mileage Face an Overhaul

Navistar Details Product Changes & Thinking Behind Emissions Strategy

With plans to gradually roll out its In-Cylinder Technology Plus (ICT+) throughout 2013, Navistar discusses how it will meet 2014 and 2017 emissions standards.