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North American Class 8 truck orders continued to trend below the previous year but did see a surprise sequential improvement during May, according to ACT Research.

Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.

President Donald Trump signed a directive June 3 formally raising steel and aluminum tariffs to 50% from 25%Ìýstarting June 4.

Site visits are set to start for potential buyers of Nikola’s remaining assets in the coming days, said Vince Lorenz, Nations Capital director of fleet and valuations.

The Toyota group’s proposal to privatize Toyota Industries is drawing criticism from investors and analysts, who argue the $33 billion deal significantly undervalues the company.

The Chinese Ministry of Commerce issued a statement June 2 rebuking the U.S. president’s claim that Beijing breached the consensus reached in Geneva in May.

While many of the revisions may seem minor, the agency said that in total, the deregulatory package will rescind, withdraw or amend burdensome regulations that do not enhance safety.

JoyRide Logistics is setting about building partnerships in its bid to convince shippers to transition from a wholly diesel fleet to zero emissions.Ìý

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The truck maker will make powertrains with the Paccar TX-12 PRO automated transmission and Paccar MX-13 engine combination available to T680, T880 and W990 customers.