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International Motors does not expect any job cuts at its U.S. manufacturing facilities despite a slump in demand in the first quarter of 2025, CEO Mathias Carlbaum said April 29.

Bellevue, Wash.-based Paccar reported net income of $505.1 million in the first three months of 2025, less than half the $1.2 billion profit posted in the year-ago period.

The innovation of alternative fuels is poised to move forward, said Cummins CEO Jennifer Rumsey, despite uncertainty around regulations, incentives and trade policies.

Hyundai Motor Co. unveiled the latest iteration of its Class 8 Xcient hydrogen fuel cell electric tractor April 28, overhauling the powertrain, safety systems and driver comforts.

Market observers say fleets can expect more replacement tire price hikes in the coming weeks and months as tariffs on rubber imports are passed through to customers.

Hydrogen trucks cost more than diesel models, but autonomous driving capabilities could double the utilization of those vehicles and improve the total cost of ownership calculation.

The new model is a battery-electric vehicle equipped with a gasoline-powered range extender that charges the battery when needed, enabling a range of up to 500 miles between charges.

President Donald Trump is on track to ease the impact of his auto tariffs, with changes sought by the industry that would lift some levies on foreign parts for cars and trucks made inside the U.S.

A widely followed measure of Texas manufacturing activity weakened as executives used words like “chaos” and “insanity” to describe the turmoil spurred by President Donald Trump’s tariffs.