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Isuzu to Build Production Plant in South Carolina

Truck maker Isuzu North America will build a manufacturing facility in Piedmont, S.C., that is expected to be operational by 2027, the company said.

February 12, 2025

GM and Ford Lobby to Save EV Tax Incentives

Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.

February 11, 2025

Reefer Demand Drop Fails to Cool Carrier Q4 Earnings Growth

Carrier Global overcame weaker demand for refrigeration units from the North American trucking sector to post higher profit and sales in the fourth quarter of 2024, the company said Feb. 11.

February 11, 2025

Ford CEO Says Tariffs Would ‘Blow a Hole’ in Auto Industry

Ford CEO Jim Farley will travel to Washington on Feb. 12 to warn Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would “blow a hole” in the auto industry.

February 11, 2025

Fleets Weigh Pay, Balanced Lifestyle to Retain Truck Drivers

February 11, 2025

Wheel OEM Accuride’s US Operations Emerging From Bankruptcy

Accuride’s U.S. and Canadian businesses filed for Chapter 11 bankruptcy protection in October with liabilities of between $500 million and $1 billion.

February 10, 2025

Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors

Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.

February 10, 2025

Cemex CEO Fernando González to Step Down After 30 Years

González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.

February 10, 2025

China’s 10% Tariff on US Cars Hits GM, Ford SUVs

China’s 10% additional tariff on vehicles with engines  larger than 2.5 liters imported from the U.S. took effect Feb. 10.

February 10, 2025