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GM CEO Barra Backs Away From 1 Million EV Production Goal

General Motors Co. CEO Mary Barra walked back expectations for her company’s electric vehicle program, the latest such move by a legacy automaker as momentum slows for plug-in models.

July 16, 2024

VinFast Delays North Carolina Plant

VinFast Auto Ltd.’s decision to delay its U.S. factory is the latest challenge to its ambition of becoming a global electric vehicle brand and places further pressure on its sales outlook.

July 15, 2024

AutoNation Warns CDK Hack Put a Dent in Quarterly Earnings

AutoNation warned the cyberattack that crippled retailers across the country until early this month cost the company a significant chunk of second-quarter earnings.

July 15, 2024

Maersk Tankers Bet Billions on Ammonia Fuel Carriers

Some of the biggest names in shipping are betting billions on tankers to transport a type of ammonia that’s scarcely being produced today, wagering it will become integral to decarbonization.

July 15, 2024

Class 8 Truck Orders Take Downward Turn in June

North American Class 8 truck orders ended three months of year-over-year gains in June, according to ACT Research. Preliminary data showed orders fell 12% to 14,800 units.

July 12, 2024

Federal Maritime Commission Reopens Port Chassis Probe

The Federal Maritime Commission has opened a follow-up investigation involving the right of motor carrier choice in chassis provisioning.

July 11, 2024

Divided Final Report Issued on Side Underride Protection

Two trucking industry trade groups are criticizing a report issued by members of a specially appointed federal committee on trailer side underride protection as lacking in true consensus.

July 11, 2024

Truck Mirror Shortage Hinders Navistar Second-Quarter Sales

Navistar truck and bus sales in the second quarter of 2024 slumped 31% year-over-year, partly as a result of a shortage of truck mirrors, parent company Traton said July 10.

July 11, 2024

Class 8 Sales Continue Trending Below Year-Ago Period

U.S. Class 8 retail sales experienced their 11th consecutive month of year-over-year declines in June, according to data from Wards Intelligence.

July 11, 2024