“To stay competitive, GM will temporarily source these packs from similar suppliers to power our most affordable EV model,” the company said in a statement.

“Our ask of PFG is to simply work together to further understand the merits and opportunities of a potential combination,” US Foods CEO Dave Flitman said.

The shift in fortunes began during President Donald Trump’s trade war with China in his first term, with the initial annual deficits recorded in 2019 and 2020.

Motor fuel taxes fell in three states but rose in 10 others after states on July 1 either recalculated their annual rates or adopted legislation to pay for highway infrastructure.

“The real question everybody in the industry is asking is whether there will be a component tariff, where the chips in a device would require some sort of separate tariff calculation.”

Toyota’s estimate dwarfs recent forecasts from global heavyweights as the auto industry contends with fast-changing policies that are seeing costs balloon.

North American Class 8 truck orders continued to trend below prior-year results by slipping nearly 2% in July, according to ACT Research.

The deal includes Northvolt’s flagship factory and a research and development facility, both in Sweden, and the site of a future factory in Germany.

GHG3 was rolled out under the Biden administration but came under heavy fire from trucking stakeholders, many of whom characterized it as damaging to carriers.

Legislation that aims to establish a nationwide policy framework for autonomous commercial vehicles was recently introduced in the U.S. House of Representatives.

The two companies also will develop four vehicles for Central and South American markets.

CEO Vincent Clerc described conditions in the U.S. as subdued owing to the uncertainty from trade tariffs.

It's a sign that the safety regulator is keeping close tabs on Tesla's so-called Full Self-Driving technology.

Just after midnight, goods from more than 60 countries and the European Union became subject to tariff rates of 10% or higher.

The results landed just hours after Uber issued a better-than-expected forecast for the third quarter and exceeded Wall Street’s expectations on gross bookings.

Nvidia CEO Jensen Huang’s visit came hours before another tech leader — Apple CEO Tim Cook — was set to announce a commitment for $100 billion in fresh domestic manufacturing investments.

The extension was announced Aug. 6 by the Ministry of Commerce. China is the world’s top buyer of the meat, which means its imports are tracked closely by the global market. 

Environmental permitting policy directives regarding housing, energy infrastructure and surface transportation upgrades are high on the list, according to the EPW chairwoman. 

U.S. auto safety regulators granted an exemption to federal vehicle safety standards for purpose-built driverless cars made by Zoox, the Transportation Department said in a statement.

More than 1,200 truckers have been removed from U.S. highways since late June for being unable to communicate adequately in English or read English-language highway signs.