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Self-Driving Tech Startup Waabi Raises $1B for Expansion

Waabi also received an additional $250 million from Uber to launch at least 25,000 robotaxis equipped with its software exclusively on the ride-hailing platform.

January 28, 2026

Amazon Cuts 16,000 Corporate Jobs in Latest Round of Layoffs

Amazon has said it plans to use generative artificial intelligence to replace corporate workers. It has also been reducing a workforce that swelled during the pandemic.

January 28, 2026

Autonomous Trucking Firm Gatik Inks Contracts Worth $600M

Autonomous startup Gatik signed a deal with a major consumer goods company that will double its contracted revenue to $600 million, helping to build out its business in the U.S. and Canada.

January 28, 2026

Paccar Focuses on Truck Sales Upturn After Q4 Profit Plunge

Industrywide U.S. and Canada Class 8 truck retail sales totaled 233,000 units in 2025, Paccar said, and are expected to range from 230,000 to 270,000 trucks in 2026.

January 27, 2026

Automotive Technology Supplier Aumovio to Cut 4,000 Jobs

Aumovio will cut up to 4,000 jobs in research and development worldwide as the German auto supplier moves to rein in costs amid a “challenging” market environment and intensifying competition.

January 27, 2026

Amazon Is Closing Its Fresh Grocery, Go Convenience Stores

Amazon Fresh and Amazon Go stores will close, the company said in a blog post on Jan. 27, with some locations converted into Whole Foods Market stores.

January 27, 2026

Mack Trucks Expands Pennsylvania History Museum

During Allentown’s State of the City address, Mack announced the additions to the facility, which also includes areas where customers can inspect their new truck and drive it on a test track. 

January 27, 2026

GM Expects Profit to Grow $2 Billion This Year

GM’s new guidance rests on selling more of its largest trucks and SUVs such as its GMC Sierra and Cadillac Escalade — and fewer electric vehicles.

January 27, 2026

Deep Freeze Wreaks Havoc on Texas Oil Producers, Refiners

A massive winter storm that swept the U.S. over the weekend crippled oil and gas producers and the industrial plants that refine the raw commodities into everything from gasoline to plastics.

January 27, 2026

Amerit Expands Fleet Operations to London

Amerit Fleet Solutions has expanded into London as part of a broader international growth strategy, establishing its first operation outside North America, Amerit announced Jan. 21.

January 27, 2026