Chinese machinery maker Himile Mechanical Science & Technology has reported strong growth in its tire mould business, driven by the accelerating capacity expansion of Chinese tire makers, particularly their recent wave of overseas plant investments. In a recent investors update,…
Mexican commercial vehicle production doubled year over year in August to 16,389 trucks and buses, driven by increased U.S. freight demand. Year-to-date output reached 101,940 vehicles, exceeding 2025’s pace for the first time. Freightliner, International, and Kenworth accounted for 96.7%…
ZF Friedrichshafen AG CEO Mathias Miedreich has stated that China has become the ‘center of gravity’ for electric-truck technology, with electric trucks already accounting for about 30% of the Chinese market. This is in stark contrast to Europe, where the…
Government Business Technology Equipment Safety Duffy blasts Ford over ties to Chinese automakers Transportation secretary cites Ford deals with CATL and Geely in a letter to CEO Jim Farley Amy Stillman and Gabrielle Coppola | Bloomberg News September 8, 2026…
Ford has confirmed a starting price of $29,945 for the Fathom, including a $1,595 destination charge. However, the company has not published a towing rating for the electric pickup truck. Ford positions the Fathom for daily driving, cargo runs, and…
The ongoing Iran war has led to global supply constraints, causing diesel prices to reach a new record high of $5.85 per gallon. This increase has a ripple effect on various industries, including transport, deliveries, and agriculture, as most heavy…
A coalition of major automakers, represented by the Alliance for Automotive Innovation, has urged Congress to permanently ban Chinese connected vehicles, software, and hardware from the US market. The move is driven by concerns over economic and national security threats…
BMW Group has delivered its two-millionth fully-electric vehicle (BEV) in August 2026, marking a decade of growth since the launch of the original BMW i3 in late 2013. The milestone caps cumulative electrified vehicle deliveries—including plug-in hybrids—at around 3.5 million…
Global oil prices slid on August 26, 2026, as geopolitical tensions with Iran intensified following new U.S. sanctions announced earlier in the week. Brent crude, the international benchmark, dropped 2.4% to $85.17 per barrel, while U.S. benchmark crude fell by…
Honda Motor Co. is weighing the construction of a new North American plant—likely in the U.S.—to expand production of gas-electric hybrid vehicles as it prepares to launch 15 new hybrid models by March 2030. The move follows the Japanese automaker’s…