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Toyota Group to Privatize Toyota Industries for $33 Billion

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.

June 3, 2025

Steel and Aluminum Prices Jump on Trump Tariff Move

Futures tracking the prices U.S. manufacturers pay for aluminum and steel surged after President Donald Trump said he will double tariffs on the metals this week.

June 2, 2025

DOT Moves to Slash Dozens of Trucking Regulations

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.

May 30, 2025

Partnerships to Fuel JoyRide's Zero-Emission Ambitions

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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May 30, 2025

Kenworth Expands Powertrain Options for T680, T880, W990

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.

May 30, 2025

Rivian Eyes New Debt Deal

JPMorgan is leading a potential high-yield bond sale for EV manufacturer Rivian Automotive, partly to refinance its upcoming debt, according to people familiar with the transaction.

May 30, 2025

Volkswagen to Offer Investments to US to Ward off Tariffs

Volkswagen is offering to make large-scale investments in the United States to ward off high tariffs on its imported vehicles, according to chief executive Oliver Blume.

May 30, 2025

Ford Says Michigan Battery Plant at Risk if Tax Credits Cut

Ford's plan to make electric vehicle batteries at a new site in Michigan would be put at risk if Congress cuts federal incentives for clean energy, the company’s chair said.

May 29, 2025

Penske Offers Carriers Fantasy Performance Options

Penske Truck Leasing believes it has some of the answers to fleet management optimization with the latest upgrades to its Catalyst AI platform.

May 29, 2025