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Tesla settled a lawsuit over a driver’s death in 2019 when the Autopilot system in his Model 3 allegedly failed to avoid a collision with a tractor-trailer crossing a Florida highway.
CEO Elon Musk predicted on his social media service X that Tesla robotaxis could launch in the San Francisco Bay area “probably in a month or two,” pending regulatory approvals.
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 Treasury Department recorded $27 billion in customs-duties revenue for June, bringing fiscal year-to-date inflows from levies to $113 billion.
Although proponents of electric terminal tractors say it’s just a matter of time before they’ll fill yards across the country, there are still some challenges ahead.
U.S. buyers of copper will pay a high price if President Donald Trump pushes ahead with a 50% tariff on refined metal as opposed to products such as wiring, according to producers and analysts.
President Donald Trump said he would not offer any extensions to a new Aug. 1 deadline for nations to begin paying so-called reciprocal tariffs.
President Donald Trump announced tariffs of 25% on goods from Japan and South Korea beginning on Aug. 1, as he moved to impose unilateral rates on countries that have not yet secured trade deals.
North American Class 8 truck orders remained below the previous year’s results and also lost ground sequentially during June, according to ACT Research.
Ford is recalling more than 850,000 of its cars because the low-pressure fuel pump inside the vehicles may fail — and potentially cause an engine stall while driving, increasing crash risks.
Performance Food Group has attracted takeover interest from US Foods, a potential deal that would create a food distribution company with combined sales of roughly $100 billion.
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