Shares of General Motors rose before the opening bell after announcing plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.
The truck divisions of Japan’s Toyota and Daimler of Germany have agreed to merge to form “a new strong Japanese truck powerhouse” to work together in vehicle development, procurement and production.
There are some new cars that many shoppers tend to overlook even though they have a lot to offer.
After two weeks of steady increases, the national average price of a gallon of diesel decreased 4.8 cents to $3.727 a gallon, according to U.S. Energy Information Administration data.
Ford Motor Co. is recalling nearly 200,000 electric Mustangs because the door latches could falter, potentially trapping passengers in the back seat.
Transportation Secretary Sean Duffy said in a rule that Biden-era fuel economy standards for gas-powered cars and trucks are illegal and moved to reverse them, paving the way for a likely reset of rules.
President Donald Trump signed a resolution that blocks California’s first-in-the-nation rule banning the sale of new gas-powered cars by 2035.
A proposed rule to establish required Renewable Fuel Standard volumes and percentage standards for 2026 and 2027 was announced by the U.S. Environmental Protection Agency.