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International Motors’ sales volume dived 34% year over year in the fourth quarter of 2025 to 15,800 trucks and buses from 23,800 in the year-ago period, parent company Traton said Jan. 20.

Trump's threats have sparked outrage and a flurry of diplomatic activity across Europe, as leaders consider retaliatory tariffs and the first-ever use of the EU’s anti-coercion instrument.

The court is preparing to begin a four-week recess, and under its usual procedures for releasing opinions, the next potential day for a tariff decision is Feb. 20.  

President Donald Trump said he would charge a 10% import tax on goods from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland because they oppose his Greenland threats.

Treasury Secretary Scott Bessent said Jan. 20 in an interview on Fox Business that Vice Premier He Lifeng confirmed to him that China has completed their soybean purchases.

President Trump said if Hassett were to leave the White House National Economic Council, it would deprive the administration of one of its most powerful messengers of the economy.

Guillaume Giroudon will become general manager of Mack Trucks’ Lehigh Valley Operations manufacturing plant in Macungie, Pa., the Volvo Group division said.

Daimler Truck North America sold 34,017 trucks and buses in Q4 2025, down 27.5% from 46,906 vehicles in the same period a year earlier, parent company Daimler Truck said Jan. 16.

FedEx has filed to spin off its freight division into its own stand-alone business, the company announced Jan. 16. The separation is on schedule to be completed June 1.

Cox Automotive unveiled Cox Fleet, a new fleet services brand that combines its commercial vehicle maintenance and roadside operations under a single organization.