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Deere Swells to Record on Optimism for Farm Economy

Deere & Co. jumped to a record after earnings beat the highest of analyst estimates, even as the world’s largest farm machinery maker trimmed its profit outlook for the year.

May 15, 2025

Japanese Carmakers Face $19 Billion Hit From Trump’s Tariffs

Japan’s biggest carmakers are looking at a hit of more than $19 billion from President Donald Trump’s tariffs that have left the global auto industry reeling.

May 14, 2025

April Medium-Duty Truck Sales Drop 8.8% From Last Year

U.S. sales for medium-duty trucks continued to trend below the prior-year period in April, according to data from Wards Intelligence.

May 14, 2025

Canadian Electric Minibus Maker Damera Plans First US Plant

Damera, an Ontario-based electric bus company, plans to invest $31.5 million and create 90 full-time jobs to open its first U.S. assembly plant in Peoria, Ill.

May 14, 2025

Pony AI Is Said to Confidentially File for Hong Kong Listing

Autonomous driving company Pony AI has confidentially filed for a Hong Kong listing to help raise capital to grow its business, according to people familiar with the situation.

May 14, 2025

Daimler Truck Cuts Guidance, Citing North America Uncertainty

Daimler Truck Holding cut its sales and profit guidance for the year, citing increasing economic uncertainty in North America.

May 13, 2025

Hess Blames Tariffs for Delaying Toy Truck Release

Hess, the U.S. oil producer widely known for its signature green-and-white toy trucks, said the release of a collection of new miniature vehicles was delayed because of trade tariffs.

May 13, 2025

April Class 8 Truck Sales Slip 8.7% as Market Slump Persists

U.S. Class 8 retail sales closed in on nearly two years of year-over-year declines in April, according to data from Wards Intelligence.

May 13, 2025

GM Hires Aurora Co-Founder Sterling Anderson

GM has hired Sterling Anderson, the former director of Tesla’s Autopilot program and a co-founder of autonomous startup Aurora, as chief product officer overseeing all vehicle development.

May 12, 2025

Senate GOP Seeks to Revoke California Emissions Powers

Senate Republicans are developing a strategy to formally push back on certain Biden-era emissions waivers granted to the state of California.

May 12, 2025