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International Q2 Sales Rise 10% From Soft 2024 Figures

The company's sales jumped in direct contrast to those of its peers as a consequence of the year-ago period taking a hammering from a fire at a mirror supplier’s plant.

July 10, 2025

Musk Says Grok AI Is Coming to Tesla Vehicles by Next Week

Elon Musk said his artificial intelligence startup’s chatbot will be coming to Tesla vehicles days after the bot posted antisemitic content on his social media platform.

July 10, 2025

DTNA Aims to Increase Margins With Focus on Western Star

Daimler Truck North America aims to increase its margins in the second half of the 2020s, accentuating a position as the key engine of growth for parent company Daimler Truck.

July 9, 2025

Daimler Targets Expansion in Heavy-Duty Vocational Market

 Daimler Truck North America is taking aim at expanding its presence in the heavy vocational market while recognizing the challenge its rivals are lodging to its dominance in the over-the-road segment.

July 9, 2025

NMFTA Readies Density-Based Freight Class Update for July 19

The National Motor Freight Traffic Association is moving toward a density-based freight classification system in a major update that is set to go into effect July 19.

July 9, 2025

Kenworth, Peterbilt Maker Cuts 175 Jobs in Quebec, Union Says

Truck maker Paccar, parent company of Kenworth and Peterbilt, will lay off 175 employees in its Sainte-Therese, Quebec, plant over weakening demand, according to local union Unifor.

July 9, 2025

Rivian-Backed Also Hits Unicorn Status With $200M Raise

A Rivian-backed startup developing small electric vehicles was valued at $1 billion in a new investment from Greenoaks Capital, according to people familiar with the matter.

July 8, 2025

EIA Trims Forecast for 2025 US Crude Oil Output

The latest production forecast for this year represents a drop of about 50,000 barrels a day from the Energy Information Administration’s previous projections in June.

July 8, 2025

Trump to Impose 50% Copper Tariff, Delay Drug Duties

“I believe the tariff on copper we’re going to make it 50%,” President Donald Trump said when asked by a reporter what the rate on those products would be.

July 8, 2025

Ford Battery Plant Clears Hurdle With Tax Credit Win

A spokesperson said the Michigan facility is on schedule to open next year and will ultimately employ 1,700 workers as the company had projected when it downsized the project in late 2023.

July 8, 2025