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A federal judge refused a request by Chinese American truckers to force the California Department of Motor Vehicles to resume issuing non-domiciled commercial driver licenses.

Adam Miller, CEO of Knight-Swift Transportation, applauded ongoing enforcement work by the Department of Transportation and the Federal Motor Carrier Safety Administration.

In an interview with a German media outlet, Mercedes CEO Ola Källenius said Commerce Secretary Howard Lutnick made the overture roughly a year ago, dangling tax relief and other incentives.

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.

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.

Secretary Sean Duffy said that while DOT’s resources are directed to primarily protect motorists, another key priority is enhancing existing infrastructure with emerging safety technologies.

The recall affects model year 2024-2025 Tundra and Tundra Hybrid trucks. Affected customers are currently being notified, according to a statement from Toyota.

Volkswagen’s plans for a possible Audi factory in the U.S. aren’t progressing as U.S. tariffs add a burden and talks for local incentives haven’t yielded results, CEO Oliver Blume said.

Distressed-debt giants Oaktree Capital Management and Anchorage Capital have amassed positions in the bankruptcy financing for First Brands Group.

Industrial banks allow the companies to accept deposits insured by FDIC into savings accounts, which then can generate earnings and greater savings opportunities for consumers.