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Stellantis, VW Shares Fall After US Tax Credit Cuts

Stellantis NV and Volkswagen AG shares declined as some of their plug-in cars lost access to U.S. tax credits under tougher rules that took effect this week.

January 3, 2025

Manhattan Congestion Toll Faces Last-Ditch Legal Fight

New York’s controversial plan to charge drivers a toll for entering Manhattan’s central business district starting on Jan. 5 is facing a last-ditch challenge from neighboring New Jersey.

January 3, 2025

Biden Blocks $14.1 Billion US Steel Sale to Nippon Steel

Biden announced his formal decision on Jan. 3 after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.

January 3, 2025

Tesla Cybertruck Joins List of EVs Eligible for US Subsidy

The Cybertruck qualifies for up to $7,500 in U.S. tax credits for the first time in 2025, part of reshuffling under tougher rules that took effect Jan. 1 that also disqualify other EVs for subsidies.

January 2, 2025

In 2025, Will Trump Administration Be a Friend of Trucking?

In June, ATA President Chris Spear met with then-presidential candidate Donald Trump to gain insight into what the trucking industry might expect should Trump win a second term.

January 2, 2025

USDOT Officials, NTSB to Headline TRB Annual Meeting

The transportation community will meet in Washington Jan. 5-9 for the annual meeting of the Transportation Research Board.

January 2, 2025

China Tightens Export Curbs on Battery Tech and Metals

China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.

January 2, 2025

Biden Expected to Permanently Ban Some Offshore Drilling

Biden is set within days to issue the executive order barring the sale of new drilling rights in portions of the country’s outer continental shelf, according to people familiar.

January 2, 2025

Treasury Breach Adds to US-China Cybersecurity Tension

News of the latest incursion follows the White House announcement on Dec. 27 that nine telecommunications firms had been breached by a state-sponsored Chinese hacking group.

January 2, 2025