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Lyft suffered its worst stock decline in more than a year after the rideshare firm issued a disappointing forecast that missed Wall Street expectations.

Ford is planning to launch five new models priced under $40,000 by the end of the decade in a gambit to offer more affordable vehicles as the average cost of new cars tops $50,000 in the U.S.

Michelin plans to buy back as much as $2.4 billion worth of shares, as the French company seeks to keep investors on side with its tire business under pressure.

The House Commerce, Manufacturing and Trade Subcommittee approved the Preventing Auto Recycling Theft Act, which would require new vehicles to have an ID number stamped onto converters.

Paccar is set to unveil two engine platforms ahead of the introduction of tighter Environmental Protection Agency nitrogen oxide emissions in 2027, senior executives said Feb. 10.

Alleged multistate diesel fuel thieves have been arrested in one criminal ring that purportedly used cloned credit cards, while another operation involved hacking into truck stop pumps.

Although zero-emission technologies are available, fleet operators also can achieve significant progress toward decarbonization through pragmatic, intermediate steps to improve efficiency.

GXO achieved record revenue for the fourth quarter and in 2025, the company reported Feb. 10. Total revenue was $3.51 billion in Q4 and $13.2 billion for the full year.

QXO agreed to buy Kodiak Building Partners to expand its construction products business into key U.S. markets. The deal will be funded with $2 billion of cash and 13.2 million shares.

An unexpected change in tariff provisions cost Ford about $900 million in savings it expected last year, Chief Financial Officer Sherry House told reporters on Feb. 10.