Ram is putting the Hemi V8 engine back in its light-duty pickup trucks, part of a blitz of changes from brand head Tim Kuniskis to claw back lost share in the hyper-competitive truck market.
June 5, 2025Search
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Ship Carrying EVs Abandoned in Pacific After Catching Fire
A ship carrying more than 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire June 3, highlighting a growing risk to the transportation of electric vehicles.
June 4, 2025Mercedes, BMW, Others Step Up Response to China Export Curbs
Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.
June 4, 2025Fleet Margins Set to Shrink Again in 2025, CSCMP Finds
Tariffs introduced by the Trump administration, and the consequent aversion to risk, are a major reason why there is no clear trajectory for recovery, the study’s authors warned.
June 4, 2025Daimler Truck Financial Services Selects North Carolina HQ
The financial lender for Daimler Truck North America will establish its headquarters in North Carolina with a $7.8 million investment that will add 276 jobs in Charlotte.
June 4, 2025Trump Signs Order Hiking Steel, Aluminum Tariffs to 50%
President Donald Trump signed a directive June 3 formally raising steel and aluminum tariffs to 50% from 25%Â starting June 4.
June 3, 2025Buyers Line Up for Nikola’s Remaining Inventory
Site visits are set to start for potential buyers of Nikola’s remaining assets in the coming days, said Vince Lorenz, Nations Capital director of fleet and valuations.
June 3, 2025Toyota Group to Privatize Toyota Industries for $33 Billion
The Toyota group’s proposal to privatize Toyota Industries is drawing criticism from investors and analysts, who argue the $33 billion deal significantly undervalues the company.
June 3, 2025US-China Trade Tensions Flare Again as Talks Stall
The Chinese Ministry of Commerce issued a statement June 2 rebuking the U.S. president’s claim that Beijing breached the consensus reached in Geneva in May.
June 2, 2025Steel and Aluminum Prices Jump on Trump Tariff Move
Futures tracking the prices U.S. manufacturers pay for aluminum and steel surged after President Donald Trump said he will double tariffs on the metals this week.
June 2, 2025