The vehicle maker's shares have nearly doubled in value since the last time it reported earnings. But its car-selling business has become a sideshow to Elon Musks political prominence.
January 29, 2025Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Teslas Market Value Surges Despite EV Demand Concerns
Fed Sees Risks 'in Balance' as It Holds Rates at 4.25%-4.5%
In a statement, officials repeated that inflation remains somewhat elevated but removed a reference to it having made progress toward their 2% goal.
January 29, 2025Tariff Doubts Send Oil Prices Lower Ahead of Fed Meeting
Oil fell below $73 a barrel after President Donald Trumps pick for commerce secretary suggested tariffs on Canada and Mexico are not a done deal.
January 29, 2025ZM Trucks to Launch US Production in California in 2025
The company, a subsidiary of ZO Motors, plans to manufacture zero-emission commercial vehicles at the new 210,000-square-foot plant, starting in the first half of 2025.
January 29, 2025Honda Recalls 295,000 Honda, Acura Vehicles
Honda said it is voluntarily recalling about 295,000 Honda and Acura vehicles to update the fuel injection electronic unit, a device that determines how much fuel enters the engine.
January 29, 2025Renault Seeks Takeover Premium From Honda for Nissan Stake
Renault SA wants a premium for its stake in Nissan Motor Co. if Honda Motor Co. takes over control of the rival Japanese automaker, according to people familiar with the matter.
January 29, 2025Mexicos President Doesnt Expect Trumps Tariffs on Feb. 1
President Claudia Sheinbaum brushed off a question as to whether Mexico is expecting U.S. President Donald Trump to announce 25% tariffs on Mexican goods Feb. 1.
January 29, 2025Norfolk Southern CEO Optimistic About 2025
Norfolk Southerns solid fourth quarter combined with the support theyre getting from Washington D.C. has the CEO feeling optimistic about 2025.
January 29, 2025New USDOT Secretary Duffy Orders Fuel Economy Rule Rewrite
Newly appointed Transportation Secretary Sean Duffy ordered a rewrite of more stringent U.S. fuel economy rules, following through on one of President Donald Trumps first directives.
January 29, 2025QXOs Hostile Bid for Beacon Roofing Fuels M&A Optimism
M&A specialists are eyeing a robust list of U.S. takeover candidates, with a buoyant economy, strong buyer appetite and a potentially looser regulatory regime seen driving more deals.
January 29, 2025Follow Us
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