Lucid’s CEO Warns of Price Hikes Even for American-Made Cars
Workers assemble a Lucid electric vehicle in Newark, Calif. (David Paul Morris/Bloomberg News) The head of Lucid Group warned that President Donald Trump’s tariffs will drive up costs to build automobiles — even in the U.S. The industry’s global supply chain means domestic manufacturers still have to import raw materials ...more
Police say a truck driver found burned on the side of a Michigan roadway likely set himself on fire after ...more
Mexico Will Ask US Government for Steel Tariff Exemption
Marcelo Ebrard by Stephania Corpi/Bloomberg Mexico will ask President Donald Trump’s administration this week to be exempted from an increase ...more
Senate Panel Advances Moving Industry Freight Fraud Bill
(Martin Prescott/Getty Images) Bipartisan legislation seeking to enhance consumer protections in the moving industry was recently approved by a Senate ...more
UK Gets Reprieve on Steel Tariff
A worker prepares to wrap cold drawn stainless steel bars at a factory in Sheffield, England. (Dominic Lipinski/Bloomberg) The U.K. ...more
Hiring Cools to Slowest Pace in Two Years, ADP Data Shows
(Nam Y. Huh/AP) Hiring decelerated to the slowest pace in two years as sectors including business services, education and health ...more
Trump: China’s Xi Is ‘Extremely Hard to Make a Deal With’
Trump and Xi at the G20 Summit in 2019. (Susan Walsh/AP) President Donald Trump said in a late-night social media ...more
Elon Musk Says He’ll Still Be Tesla CEO in 5 Years
Elon Musk speaks via video link at the Qatar Economic Forum in Doha, Qatar, on ...more
Nippon Steel Boosts Investment for Proposed US Steel Deal
(Justin Merriman/Bloomberg News) Nippon Steel Corp. has bolstered its pledge to invest in United States ...more
FedEx Names CEO, Chairman for Spun-Off Freight Unit
“I cannot think of two individuals with more knowledge of, or commitment to, the long-term ...more
Home Depot Revenue Rises as Customers Tackle Small Projects
(Wilfredo Lee/AP/File) Home Depot’s revenue climbed in the first quarter as customers spent slightly more ...more
Duffy Defends Trump’s $27 Billion Infrastructure Budget
(Susan Walsh/Associated Press) WASHINGTON — The country’s top transportation officer defended the White House’s fiscal ...more
Charging Installations Drop as Trump Ramps Up Attacks on EVs
(Justin Sullivan/Getty Images) Installation of high-speed chargers across the U.S. fell by more than 21% ...more
GM Stops Small Number of Car Exports to China Due to Tariffs
Chevrolet Tahoe vehicles wait for final inspection before being driven off the production line at ...more
LA Port Shipments Fell 30% in Early May After Trump Tariffs
The HMM Aquamarine containership docked at the Port of Los Angeles on April 28. (Eric ...more
Man killed after crashing car into parked big rig at New York rest area
New York State Police (NYSP) are investigating a fatal crash that occurred at a rest ...more
A landscaping company in B.C. shared dash cam video of one of their drivers involved ...more
Tesla’s Board Takes Heat Over CEO Succession Planning
Tesla Inc.’s board of directors is facing mounting pressure to prove just how prepared they ...more
Analytics Provide Hidden Gains for Tire Management
Industry leaders note that systems like TPMS remove “the gap in time” between getting data ...more
Minimum liability insurance requirements in Nevada may double by 2030 according to legislation passed by ...more
FMCSA Approves Two More Intellistop Five-Year Exemptions
Intellistop has faced challenges in securing federal regulatory approval for its flashing brake light system ...more