Equipment manufacturer Cummins saw revenue fall in Q1 on the back of weaker on-highway truck sales in both North and South America and broad buyer worry about business trends.
May 6, 2025Search
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Lawmakers Scrap Tire Emissions Limits in Deregulation Push
Congress has voted to kill a Biden-era rule requiring rubber tire makers to clean up planet-warming emissions from their manufacturing processes in the U.S.
May 6, 2025Data Center Demand Propels Eaton Q1 Profit, Revenue Growth
Data center and electricity generation construction continued to power Eaton profit and revenue increases in Q1 as the component manufacturer’s vehicles division lagged again.
May 6, 2025Vocational Demand, Price Hikes Boost Allison Q1 Profit
U.S. demand for Class 8 vocational trucks and day cab tractors that has tracked with expectations combined with a lift from higher prices helped boost Allison Transmission profit in Q1 2025.
May 6, 2025GM Names Duncan Aldred New North America Leader
General Motors on May 5 named Duncan Aldred the new president of the automaker’s North America operations amid tensions between President Donald Trump, Canada and Mexico over tariffs.
May 6, 2025Continental Earnings Hit Four-Year High on Cost Cuts
Continental AG more than doubled earnings in the first quarter as its car parts unit slashed costs and tire sales bounced back from weaker levels last year.
May 6, 2025California Awards Tax Credits for Port, Hydrogen Projects
California Gov. Gavin Newsom awarded a $1.5 million tax credit for a hydrogen fuel facility and a $800,000 credit to expand Port Hueneme’s logistics and supply chain infrastructure.
May 5, 2025Ford Suspends 2025 Outlook Amid Trump Tariff Strain
The automaker expects the duties to reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year.
May 5, 2025Morgan Olson Debuts Compact Kestrel Work Truck
The manufacturer, known for its dominance in the step van segment, positioned the Kestrel as a versatile alternative for vocations ranging from last-mile delivery to emergency response.
May 5, 2025Rivian to Build $120 Million Supplier Park in Illinois
The 1.2 million-square-foot park in Normal will allow the electric-vehicle maker to increase production at its plant in 2026, when it starts building its R2 model, said CEO RJ Scaringe.
May 5, 2025