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The Project44 2025 Annual State of Consumer Holiday Shopping Report found that 40% of consumers have capped their holiday budgets at $500 amid economic uncertainty.

Tesla is also under scrutiny in the U.S., with NHTSA having launched a defect investigation into certain Model Y door handles. 

RealTruck Group told lenders it uses fundamentally different financing tools from those tapped by First Brands Group, another parts maker that collapsed into bankruptcy last month.

The theme for this year's event, to be held Oct. 25-28 in San Diego, reflects the industry's resolve: “A United Front: Driving Policy in a New Era.” 

Trailer manufacturer Wabash is expanding options for customers of its trailers-as-a-service product line.

GM Financial’s private deal is notable because the car manufacturing and finance giant is one of the best-known borrowers in public bond markets.

Industry Minister Melanie Joly would consider Stellantis in “default” in light of federal and provincial government support extended to the automaker.

The tractors will be Talke’s first low- or zero-emissions Class 8 semis and will be used for drayage runs in the Houston area. The trucks are expected to have a range of 300 to 350 miles.

President Donald Trump's use of tariffs as a cornerstone of his trade agenda has added to existing market uncertainties that make investing in equipment more difficult.

More than 5,000 new jobs will be spread across plants in Illinois, Ohio, Michigan and Indiana.