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‘Armored Teslas’ Vanish From Government Procurement List

The State Department’s procurement forecast removed the mention of Elon Musk’s Tesla  in relation to a planned $400 million armored EV purchase after reports emerged about it on Feb. 12.

February 13, 2025

Renault Holds Key to Nissan’s Future

French carmaker Renault SA is Nissan’s biggest shareholder with a 36% stake — a holding that Hon Hai Precision Industry Co. on Feb. 12 signaled it’s open to buying.

February 12, 2025

Isuzu to Build Production Plant in South Carolina

Truck maker Isuzu North America will build a manufacturing facility in Piedmont, S.C., that is expected to be operational by 2027, the company said.

February 12, 2025

AI, Shifting Supply Chains Dominate Discussion at Manifest

Exhibitors and speakers at the annual event presented innovations and shared strategies aimed at helping transportation companies adapt to a changing business environment.

February 12, 2025

GM and Ford Lobby to Save EV Tax Incentives

Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.

February 11, 2025

Ford CEO Says Tariffs Would ‘Blow a Hole’ in Auto Industry

Ford CEO Jim Farley will travel to Washington on Feb. 12 to warn Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would “blow a hole” in the auto industry.

February 11, 2025

Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors

Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.

February 10, 2025

China’s 10% Tariff on US Cars Hits GM, Ford SUVs

China’s 10% additional tariff on vehicles with engines  larger than 2.5 liters imported from the U.S. took effect Feb. 10.

February 10, 2025

A Timeline of US-China Retaliatory Tariffs

TAIPEI, Taiwan — China’s tit-for-tat duties on U.S. imports took effect Feb. 10, hours after President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports.

February 10, 2025

Trump Says He Will Announce 25% Steel, Aluminum Tariffs

WASHINGTON — President Donald Trump said he will announce Feb. 10 that the U.S. will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico.

February 10, 2025