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The company, whose parent is Traton Group, warned that high electricity and labor costs paired with rising pressure from Asian competitors are weighing on results.

The last congressional hearing that featured the top executives of Ford, GM and Stellantis (formerly Chrysler) was in late 2008, when financial and automotive crises were hitting the economy.

The last unit, a white five-door hatchback, rolled off the line at the Saarlouis plant in Germany this month, marking the end of a car that sold more than 12 million units worldwide, Ford said.

The U.S. subsidiary of Volkswagen is aiming to create 1,200 jobs for its new headquarters. Scout also has a new $2 billion electric vehicle production factory in Blythewood, S.C.

FedEx spokeswoman Savannah Haeger said the order represents the first time the shipping company has paired an order in the medium-sized EV chassis space with an investment in the EV truck maker.

The “Check Your Height, Know It’s Right” campaign encourages motorists to know their vehicle height and check that the vehicle will safely fit under bridges on their route.

Daimler Truck CEO Karin Radstrom says tariffs are not the biggest challenge facing the commercial vehicle maker in the United States.

Waymo has begun testing its driverless rideshare service in New York City, but rides are not available to the general public. 

An electric car by U.S. manufacturer Lucid has broken the record for the longest journey off a single charge, traveling 749 miles from St. Moritz to Munich.

Fresh off its $1.78 billion acquisition of an inspection technology firm, Wabtec said July 7 that it is buying Austrian wheel sensor maker Frauscher Sensor Technology Group.