Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the auto industry faces challenges from trade tensions and resulting economic uncertainty.
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Economic Factors Bombard Truck Makers From All Angles
Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year.
May 23, 2025Volvo Cars CEO Insists R&D Direction Not Shifting to China
“People worry Geely will centralize R&D in China. That’s a misunderstanding,” Hakan Samuelsson said. “There’s no such plan, and Chinese operations are also cutting costs.”
May 23, 2025Samsara Partners With Rivian to Aid Fleet Management
Telematics vendor Samsara is teaming up with electric vehicle manufacturer Rivian, the companies said May 20.
May 22, 2025Steelworkers Head Urges Trump to Reject Nippon Bid
The comments are likely a final salvo from David McCall, who has stood in opposition of U.S. Steel’s proposed sale to the Japanese suitor since the deal was announced in December 2023.
May 22, 2025Northvolt to Stop Production at End of June Without Buyer
Bankrupt battery maker Northvolt will stop production at its last remaining factory in northern Sweden at the end of June if it fails to find a buyer before then.
May 22, 2025Oregon, Vermont Halt Zero-Emission Truck Mandates
In the span of a few days, leaders in both Oregon and Vermont reversed plans to limit sales of diesel-powered trucks in favor of electric trucks in their states.
May 22, 2025Senate Votes to Block Clean Air Standards in California
The Senate voted on May 22 to block California’s first-in-the nation rule banning the sale of new gas-powered cars by 2035.
May 22, 2025Trailer Orders Fall 32% Year Over Year in April
U.S. trailer orders came back down in April after a short-lived spike the previous month, ACT Research reported.
May 22, 2025Trump Team Resists Nvidia, Upholds AI Export Curbs to China
“When it comes to inside China … there is still bipartisan and broad concern about what can happen to these GPUs once they’re physically inside” the country, a White House adviser said.
May 21, 2025