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GM Names Duncan Aldred New North America Leader

General Motors on May 5 named Duncan Aldred the new president of the automaker’s North America operations amid tensions between President Donald Trump, Canada and Mexico over tariffs.

May 6, 2025

Continental Earnings Hit Four-Year High on Cost Cuts

Continental AG more than doubled earnings in the first quarter as its car parts unit slashed costs and tire sales bounced back from weaker levels last year.

May 6, 2025

California Awards Tax Credits for Port, Hydrogen Projects

California Gov. Gavin Newsom awarded a $1.5 million tax credit for a hydrogen fuel facility and a $800,000 credit to expand Port Hueneme’s logistics and supply chain infrastructure.

May 5, 2025

Congressional Republicans Push Reconciliation Bill

House Republicans recently took a major step in their quest to approve as early as this month a comprehensive tax and budget measure supported by the Trump White House.

May 5, 2025

Rivian to Build $120 Million Supplier Park in Illinois

The 1.2 million-square-foot park in Normal will allow the electric-vehicle maker to increase production at its plant in 2026, when it starts building its R2 model, said CEO RJ Scaringe.

May 5, 2025

Uncertainty Dominates Pre-Buy Discussions Ahead of 2027

The trucking industry’s anticipated pre-buy ahead of 2027 is taking a different shape as economic uncertainty, shifting regulations and tariffs cloud the market.

May 9, 2025

GM Cuts Workers at Canada Truck Plant, Citing Trade Turmoil

A General Motors assembly plant in Canada that makes pickup trucks mostly for export to the U.S. will cut down to two shifts from three because of the “evolving trade environment.â€

May 2, 2025

Farm Machinery’s Slump Lingers as Tariffs Add Risks

Farmers are still delaying equipment purchases a President Donald Trump’s tariffs cloud demand for crops and risk further extending a yearslong slump in the sector.

May 1, 2025

House Votes to Overturn California Ban on Gasoline Cars

The U.S. House voted 246-164 to roll back an EPA authorization issued under former President Joe Biden, which let California ban gasoline-powered cars by 2035.

May 1, 2025

General Motors Trims 2025 Guidance

General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto tariffs as high as $5 billion in 2025.

May 1, 2025