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European carmakers are contending with excess capacity as Chinese manufacturers take a larger share of the market, with the EV segment in particular suffering from weak demand.

Volvo said 90% of the new model has been redesigned from the prior generation. It focused on improving fuel economy through enhanced aerodynamics, powertrain features and idling systems.

Britain’s biggest automaker sent workers home from its factories in central and northwest England on Aug. 31. The shutdown has rippled through the U.K. auto industry.

The plan would be the largest deployment of self-driving trucks in North America, according to Gatik, a sign that autonomous freight transport is starting to gain traction.

Auto parts maker First Brands Group is discussing options with its creditors for restructuring its $6 billion debt load that include a possible Chapter 11 bankruptcy filing.

With President Donald Trump’s tax bill killing EV incentives at the end of the month, the push for a sub-$30,000 vehicle that runs on electrons may help buttress the projected dip in sales.

The partners’ “Dedicated EV Fleet Accelerator Program” aims to entice carriers to speed adoption of battery-electric trucks by subsidizing the cost of the hardware.

U.S. trailer orders reached four consecutive months of year-over-year gains in August, ACT Research reported. Preliminary net data showed an increase of 7% to 9,000 units.

Porsche and parent Volkswagen cut their outlook for the year, citing the sports-car maker taking a $2.2 billion hit to operating profit linked to pushing back the introduction of new EVs.

Daimler’s Mercedes-Benz Special Trucks unit will offer complete logistics vehicles and long-term service in Europe, North America and other markets, Daimler said in a statement.