91ÊÓƵ

U.S. Trade Representative Jamieson Greer signaled that the Trump administration is open to changing its tariffs on steel and aluminum amid pressure from business groups and trading partners.

Ford has a plant in Chihuahua, GM and Stellantis operate five in Coahuila, Nissan has production in Aguascalientes while Guanajuato is home to complexes for GM, Ford, Honda, Mazda, Toyota and VW. 

The decision comes at a volatile time for the automotive business, which is grappling with high costs, economic uncertainty and affordability challenges for consumers.

Alabama-based Second Mile Transport will begin with 145 power units. The company has ordered 195 aluminum 53-foot trailers and already has 70 drivers signed up.

President Trump introduced 25% tariffs on U.S. imports of medium- and heavy-duty trucks and parts on Nov. 1 as he seeks to reorient trade flows, although the full details are yet to emerge.

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.

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.

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.

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

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.