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As Tesla Sales Dip, GM EVs Close the Gap

Americans bought 310,800 EVs in Q2, a 6.3% drop from the year-earlier period. However, the sales dip — 21,000 vehicles — was nearly equal to the slump in transactions for Tesla.

July 22, 2025

Paccar Q2 Profit Slumps as Weak Truckload Market Persists

Truck manufacturer Paccar’s profit dived 35.3% year over year in the second quarter as the freight recession continued to hamper tractor sales, particularly among truckload carriers.

July 22, 2025

Pure Lithium Shifts Battery Production to Chicago

Pure Lithium will move its operations from Boston to Chicago and invest $46 million to launch manufacturing of lithium metal batteries in Illinois, state officials announced July 10.

July 22, 2025

Mack Supplies More Pioneer Safety Package Details

The revamped safety packages are headlined by a switch away from Bendix Fusion to a proprietary safety and collision mitigation system — Mack Protect.

July 22, 2025

GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs

General Motors said it suffered a $1.1 billion profit hit from President Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels.

July 22, 2025

Cleveland-Cliffs CEO Urges Canada to Hike Steel Tariffs

The notoriously combative U.S. executive and vocal public supporter of President Donald Trump said July 21 that Carney and his cabinet should enact “significant†trade protections.

July 21, 2025

Avoid Hidden Costs in Fleet Leasing

Download our latest whitepaper to uncover the hidden costs of full-service leases and learn how unbundled leasing can help fleet owners save big while gaining flexibility and control.

October 1, 2024

Stellantis Takes Surprise $2.7B Loss as Trump Shakes Market

Stellantis on July 21 announced a surprise $2.7 billion first-half net loss, while analysts had expected a small profit. The maker of Jeeps is tallying the costs of trade wars.

July 21, 2025

Aeva, Daimler Truck Expand Lidar Deal for Autonomy

Trucking technology company Aeva announced an expanded partnership with Daimler Truck North America to advance the commercialization of autonomous vehicles.

July 18, 2025

Trump Adds Tariffs on Industries for Aug. 1 Double Whammy

President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties on Aug. 1.

July 18, 2025