Classes 4-7 total retail truck sales for the month increased 5.5% to 20,484 units from 19,419 a year ago. Sales also increased 11.8% sequentially from the 18,316 reported in September.
Category: News
Europe, US Push for Oil Funding Curbs Deal to Outlast Trump
The EU, US and other countries are hammering out a plan to throttle tens of billions of dollars of financial support for foreign oil and gas projects before Donald Trump moves into the White House.
Ford to Cut 4,000 Jobs in Europe
FRANKFURT, Germany — Ford says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing the economy and weak sales of electric cars.
Canada Shares US Concerns About Mexican Trade With China
TORONTO — Canada’s point person for U.S-Canada relations said she shares U.S. concerns about Mexico serving as a back door for China to import cheaper goods into the North American market.
TIA Urges FMCSA to Tackle Growing Freight Fraud Crisis
The issue of freight fraud is one that incoming TIA CEO Chris Burroughs said is getting worse, and was among key TIA priorities he outlined during a call with media.
Exxon Signs Deal to Supply Lithium to Battery Maker LG Chem
Exxon has signed a preliminary agreement to provide battery metal lithium to an LG Chem plant in the U.S., strengthening the oil major’s role in the domestic critical minerals supply chain.
Stellantis Delays Electric Ram Truck Debuts to Early 2025
Stellantis NV will delay the arrival of its two electric pickup trucks to the first half of 2025 from the end of this year, CEO Carlos Tavares said Nov. 19.
EV Demand Could Drop 27% Without Tax Credit
Still, because EVs account for a small percentage of new car sales, removing the credit would have little impact on gasoline demand.
Nebraska Finishes U.S. 275 Section on Eastern Freight Route
The Nebraska Department of Transportation has been working to improve the U.S. 275 corridor in segments for many years. So far, about 70% has been completed, according to NDOT.
Trump Names Howard Lutnick as Commerce Secretary Nominee
Lutnick is a co-chair of Trump’s transition team, along with Linda McMahon, the former wrestling executive who previously led Trump’s Small Business Administration.