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The allegations against the world’s most valuable automaker stem from a middle of the night crash in November 2024 on a residential street in the San Francisco suburb of Piedmont.

Details on how the levies would be imposed and collected were scant as of Oct. 2, which kept truck makers understandably tight-lipped about the potential impact.

"August did not disappoint this year, at least from a unit volume perspective. Industry participants should interpret this as a positive sign," ACT Research Vice President Steve Tam says.

CEO Anthony Filosa is under pressure to steady the carmaker that has suffered market share losses in the U.S. and Europe.

Caterpillar sells equipment used to mine the copper that’s needed for data centers, while Caterpillar’s construction equipment is needed to put up the buildings.

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Einride, founded in 2016 in Sweden, has been considering a listing in the U.S.

Car companies are stepping in to preserve discounts and smooth the sell-down of existing EV inventory after the federal EV subsidy phased out Sept. 30.

Every one of the countries identified by the U.S. Department of Commerce Foreign Trade Division as a top supplier by export value of trucks to the U.S. warned the agency against the levies.

The company likely delivered around 439,600 vehicles worldwide in the three months that ended in September, a roughly 5% drop from a year ago.