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African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Waymo and expand in the U.S.

Bollinger Motors faces a deeply uncertain future after emerging from a brief stint in receivership that came amid a cash crunch and a federal lawsuit over an outstanding $10 million loan.

Tesla shares slumped July 1 as the war of words between Elon Musk and President Donald Trump over the tax bill and spending cuts heats up, with Musk saying he may form a new political party.

The springtime surge in U.S. auto sales landed with a thud in June, setting up a slowdown in the months ahead as carmakers digest tariffs on auto imports and consumers find fewer deals.

U.K. car manufacturers can export to the U.S. under a 10% tariff starting June 30, a reduction from the 25% rate imposed by President Donald Trump on other countries.

Policy wins on commercial vehicle emissions have allowed industry leaders to shift their attention to other pressing issues, American Trucking Associations President Chris Spear said.

The ongoing rollback of commercial vehicle emission regulations under the second Trump administration has created uncertainty in the emerging battery-electric truck market.

A group of Canadian steel producers said the government’s plan to restrict foreign steel imports isn’t strong enough and warned that the industry is set to shed thousands more jobs.

Mack Trucks and International Motors were two of the three winners in an auction of environmental credits owned by bankrupt hydrogen fuel cell Class 8 truck maker Nikola, according to documents.

The three-pronged study examined available data, observed commercial motor vehicle drivers during their regular schedules and included interviews with a wide range of stakeholders.