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Paccar Targets 35% N. American Heavy-Duty Truck Market Share

Paccar is aiming for a 35% share of the North American heavy-duty truck market, set to be aided by tariffs and production plant flexibility, senior executives told analysts Feb. 10.

February 13, 2026

First Brands Explores Shift to Chapter 7 for Certain Units

The company has so little cash that it has been operating on a week-to-week basis with help from automakers willing to pay in advance to keep vital parts flowing.

February 13, 2026

White House Weighs Narrowing Steel and Aluminum Tariffs

The rollback plans were reported earlier by the Financial Times. Aluminum and other metals fell following the report, while shares of U.S. steelmakers and aluminum producers sank.

February 13, 2026

Aim Buys Fleetmaster Leasing in Columbus Expansion

Aim Transportation Solutions acquired Fleetmaster Leasing, adding about 400 vehicles to its operations and expanding its presence in the Columbus, Ohio, area.

February 13, 2026

Toyota Gears Up for Bigger Role at Air Taxi Maker Joby

Joby is among a handful of startups developing eVTOL aircraft — electric vertical takeoff and landing vehicles — to fly customers on short commuter journeys via battery-powered air taxis.

February 13, 2026

Geotab Upgrades Connected Fleet Technology for Age of AI

Geotab unveiled its next generation of connected fleet technology and outlined its vision for how artificial intelligence will transform vehicle telematics at its Connect 2026 conference.

February 13, 2026

Rivian’s R2 Launch Offers Investors Hope in Bleak EV Market

The EV manufacturer reported better-than-expected Q4 results and its first-ever annual gross profit, a key milestone after years of consistent losses.

February 13, 2026

Mercedes to Sell Part of $14.2 Billion Daimler Truck Stake

Mercedes will offload part of its roughly 35% holding in Daimler Truck, CFO Harald Wilhelm said.  Even with extra cash from selling shares, Mercedes is bracing for a difficult year.

February 13, 2026

Ryder Yet to See 'Meaningful' Change in Freight Market

Ryder has yet to see meaningful near-term change in U.S. freight market conditions, incoming CEO John Diez said Feb. 11, prolonging the longest rate recession in industry memory.

February 12, 2026

Trump Administration Repeals EPA’s Endangerment Finding

The official rule repeals, which have been telegraphed for months, lay the groundwork for unwinding more federal climate regulations, experts say.

February 12, 2026