The company now expects to sell 40,000 to 46,000 battery-powered pickups, SUVs and delivery vans this year, it said May 6 while reporting first-quarter results.
May 6, 2025Search
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Weak US On-Highway Truck Demand Drags on Q1 Cummins Revenue
Equipment manufacturer Cummins saw revenue fall in Q1 on the back of weaker on-highway truck sales in both North and South America and broad buyer worry about business trends.
May 6, 2025Lawmakers Scrap Tire Emissions Limits in Deregulation Push
Congress has voted to kill a Biden-era rule requiring rubber tire makers to clean up planet-warming emissions from their manufacturing processes in the U.S.
May 6, 2025GM Names Duncan Aldred New North America Leader
General Motors on May 5 named Duncan Aldred the new president of the automaker’s North America operations amid tensions between President Donald Trump, Canada and Mexico over tariffs.
May 6, 2025Continental Earnings Hit Four-Year High on Cost Cuts
Continental AG more than doubled earnings in the first quarter as its car parts unit slashed costs and tire sales bounced back from weaker levels last year.
May 6, 2025California Awards Tax Credits for Port, Hydrogen Projects
California Gov. Gavin Newsom awarded a $1.5 million tax credit for a hydrogen fuel facility and a $800,000 credit to expand Port Hueneme’s logistics and supply chain infrastructure.
May 5, 2025Congressional Republicans Push Reconciliation Bill
House Republicans recently took a major step in their quest to approve as early as this month a comprehensive tax and budget measure supported by the Trump White House.
May 5, 2025Rivian to Build $120 Million Supplier Park in Illinois
The 1.2 million-square-foot park in Normal will allow the electric-vehicle maker to increase production at its plant in 2026, when it starts building its R2 model, said CEO RJ Scaringe.
May 5, 2025Uncertainty Dominates Pre-Buy Discussions Ahead of 2027
The trucking industry’s anticipated pre-buy ahead of 2027 is taking a different shape as economic uncertainty, shifting regulations and tariffs cloud the market.
May 9, 2025GM Cuts Workers at Canada Truck Plant, Citing Trade Turmoil
A General Motors assembly plant in Canada that makes pickup trucks mostly for export to the U.S. will cut down to two shifts from three because of the “evolving trade environment.â€
May 2, 2025