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Bridgestone CEO Expects Slowdown in Second Half of 2025

Bridgestone expects a tougher second half as its U.S. business faces a sharp drop in truck tire demand, tariffs take a toll and it deals with the fallout from a cyberattack that disrupted production.

October 9, 2025

DTNA Third-Quarter Sales Slump 39% to 30,225 Trucks, Buses

As is typical with Daimler Truck’s pre-earnings sales announcements, no color was provided on the statistics. Daimler Truck will report its full third-quarter earnings on Nov. 7.

October 8, 2025

GM Ends EV Tax Credit Plan and Offers Its Own Incentive

GM will give about $6,000 of its own cash for lease support and to keep EV sales going.

October 8, 2025

Investment Group Holds $161M Stake in Bankrupt First Brands

A fund controlled by a unit of Jefferies Financial Group sunk nearly a quarter of its $3 billion trade finance portfolio into receivables tied to auto parts supplier First Brands Group.

October 8, 2025

Mexico Risks New Tariff Hit on $15 Billion of Truck Exports

Mexican officials vowed to push back against new tariffs the Trump administration is planning on heavy trucks, yet another hurdle the U.S. is throwing in front of its southern neighbor.

October 8, 2025

Tesla Unveils Cheaper Versions of Model Y SUV, Model 3 Sedan

Tesla introduced new versions of its top-selling models priced at under $40,000, making its main vehicles more affordable to counteract the loss of U.S. incentives for electric cars.

October 7, 2025

Trump Approves Alaska Road Project, Stake in Trilogy Metals

President Donald Trump on Oct. 6 ordered approval of a proposed 211-mile road through an Alaska wilderness to allow mining of copper, cobalt, gold and other minerals.

October 7, 2025

Lucid Production, Deliveries Disappoint as Tax Credit Expires

Lucid Group’s electric vehicle production fell short of Wall Street’s forecasts during the third quarter as the car maker contends with the elimination of the consumer tax credit.

October 6, 2025

Trump Delays US Tariffs on Heavy-Truck Imports to Nov. 1

President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries.

October 6, 2025

German Carmakers Receive EV Tax Boost Before Summit With Merz

Germany’s ruling coalition confirmed it will extend a tax exemption for new EVs as part of a broader effort to support the nation’s key car industry in the transition to more climate-friendly technologies.

October 6, 2025