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The Project44 2025 Annual State of Consumer Holiday Shopping Report found that 40% of consumers have capped their holiday budgets at $500 amid economic uncertainty.

Tesla is also under scrutiny in the U.S., with NHTSA having launched a defect investigation into certain Model Y door handles. 

RealTruck Group told lenders it uses fundamentally different financing tools from those tapped by First Brands Group, another parts maker that collapsed into bankruptcy last month.

The theme for this year's event, to be held Oct. 25-28 in San Diego, reflects the industry's resolve: “A United Front: Driving Policy in a New Era.” 

Industry Minister Melanie Joly would consider Stellantis in “default” in light of federal and provincial government support extended to the automaker.

President Donald Trump's use of tariffs as a cornerstone of his trade agenda has added to existing market uncertainties that make investing in equipment more difficult.

Sen. Rand Paul says constituents tell him "tariffs are killing the bourbon industry" and "the cargo transport industry."

The work of untangling the company’s finances is left to Charles Moore, a restructuring expert hired last month during rushed negotiations between the company and its top creditors.

Raistone has demanded a court-appointed examiner investigate First Brands, claiming in court papers that as much as $2.3 billion “simply vanished” from the company.

A joint venture between Norinchukin Bank and Japanese trading house Mitsui & Co. faces $1.75 billion of exposure to bankrupt auto parts supplier First Brands Group, court documents show.