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California Sues OEMs Over Clean Truck Partnership

State Attorney General Rob Bonta argued that Daimler Truck North America, International Motors, Paccar and Volvo Group North America are violating the terms of a contract signed in 2023 with CARB.

October 30, 2025

GOP Senators Break Ranks on Trump Tariffs

The 51-47 vote, which included four Republicans, highlights economic anxiety over President Trump's tariff regime. The votes are the clearest sign yet of growing Republican unrest.

October 30, 2025

Tesla Recalls Cybertruck a 10th Time in Less Than 2 Years

The latest recall of 6,197 Cybertrucks is due to a potential issue with the installation of an off-road light bar accessory that could detach and increase the risk of a collision.

October 30, 2025

Global Carmakers Brace for Production Cuts on Chip Shortage

Honda said it has cut or suspended production this week at some plants in North America as a countermeasure to the chip shortage, which stems from China blocking Nexperia from exporting products.

October 30, 2025

US, China to Suspend Reciprocal Port Fees for a Year

International shipping has been roiled by retaliatory port charges levied by the U.S. and China on each others’ ships in recent months, a move that pushed up freight costs.

October 30, 2025

Trump and Xi Ease Tension With Truce on Tariffs, Rare Earths

The U.S. will also halve fentanyl-related tariffs on Chinese goods, while Beijing resumes purchases of soybeans and other American agricultural products.

October 30, 2025

CBO: Shutdown Has Already Cost Economy $18 Billion

GDP is already poised to be at least one percentage point lower in the fourth quarter due to the government shutdown, according to the CBO report released Oct. 29.

October 29, 2025

Trucking Combats Soaring Nuclear Verdicts and Insurance Costs

The trucking industry has been facing surging unfavorable verdicts and insurance costs as biases and policies drive up costs beyond economic reality, according to a panel of experts.

October 29, 2025

Fed Cuts Rates Again Amid Labor Market Weakness

In their post-meeting statement, Fed policymakers on Oct. 29 repeated their assessment that “job gains have slowed” and said “risks to employment rose in recent months.”

October 29, 2025

GM Slashes EV Workforce After Trump Ends Tax Breaks

The total includes 3,400 workers that were furloughed over the summer at its Factory Zero plant in Detroit, where the electric Chevrolet Silverado, GMC Sierra and Hummer EVs are made.

October 29, 2025