• Thu, December 12, 2024

by: Business Insider

Paccar Announces Leadership Change in Financial Services

by: familydestinationsguide

This Massive Car Museum In Florida Houses Over 100 Classic Cars And Fascinating Memorabilia

Nestled in the heart of America's oldest city, St. Augustine, Florida, this museum is a treasure trove of mechanical marvels that'll transport you back to the days when cars were more than just transportation - they were works of art on wheels.

by: riazor

Tesla Robotaxi will have a never-before-seen detail: The first in history to operate without this

Tesla Robotaxi, a revolution in autonomous transportation, promises fewer parts, lower costs, and innovative features, making it the future of the automotive industry.

by: Reuters

Truck-maker Paccar to recall 220,972 US vehicles over electronic system issues

Truck-maker PACCAR is recalling 220,972 vehicles in the U.S. due to issues with the electronic control units (ECU) that might impact systems associated with braking and stability control, the U.S. auto safety regulator said on Thursday.
  • Fri, December 13, 2024

by: Reuters

Exclusive: Trump transition wants to scrap crash reporting requirement opposed by Tesla

The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk's Tesla , according to a document seen by Reuters, a move that could cripple the government's ability to investigate and regulate the safety of vehicles with automated-driving systems.

by: The New York Times

Biden Administration Is Said to Allow California to Ban New Gas-Powered Cars

California and 11 other states want to halt the sale of new gas-powered cars by 2035. President-elect Donald Trump is expected to try to stop them.

by: The Verge

Trump is probably going to kill the crash reporting rule that made Tesla look bad

Donald Trump's transition team is taking aim at a Biden-era rule requiring automakers and tech companies to report crashes that involve fully or partially autonomous vehicles, according to Reuters. Scrapping the crash reporting rule would greatly benefit Tesla, which to date, has reported the most number of crashes.

by: Seeking Alpha

Tesla Stock: Big Potential, Bigger Risks, And Better Alternatives

Tesla, Inc.'s innovation and market opportunities are promising, but its high valuation and challenges pose significant for long-term investors. Learn more on TSLA stock here.

by: AM-online

Hendy to open state-of-the-art Tunbridge Wells dealership

AM100 dealership group Hendy Group will officially open its all-new, state-of-the-art car dealership on Kingstanding Way in Tunbridge Wells in January.

by: manilatimes

Dave Cantin Group's Jump IQ Garners Auto Dealership Technology of the Year Honors in 2024 Merit Awards

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by: USA Today

Trump tariffs could intensify US trucking industry slump, experts say

The industry that moves everything Americans make and buy will be among the first to signal any unintended consequences of trade policies.

by: riazor

Elon Musk won't make more electric Tesla, but neither will hydrogen - Here's the new fuel

Methanol is emerging as a potential alternative fuel to electric and hydrogen vehicles, offering a more sustainable and efficient fuel source for the future of transportation.

by: MSN

Tesla shares rally as investors anticipate growth after Trump victory

Tesla's stock regains popularity as investors expect its Robotaxi and FSD technology to drive another phase of growth acceleration. The stunning performance drove Tesla's Price-to-Earnings(P/E) ratio to 103,

by: CNBC

Best car insurance companies of December 2024

Insuring your car has never been more expensive: According to the Department of Labor's Consumer Price Index, average premiums for auto insurance jumped 16.5% between August 2023 and 2024. But ...

by: Detroit News

Howes: What GM's exit from robotaxi space says about limits in race for AV leadership

Cruise bolting robotaxis shows all sides are finding technical, financial and regulatory demands more difficult and expensive than anticipated.

by: news.bloomberglaw

California Auto Emissions Case Gets US Supreme Court Review

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by: Tennessean

GM proves that big moves are restructuring on the fly as uncertainty looms in 2025

On Dec. 4, an analyst asked Jacobson at the UBS Global Industrials and Transportation Conference in Florida if ... Kevin Mixer, senior director analyst for automotive manufacturing at Gartner, said GM's moves all signal that it's preparing for the ...

by: Reuters

Trump tariffs endanger struggling US trucking industry, experts say

President-elect Donald Trump's threatened tariffs on top trade partners China, Mexico and Canada would deal a blow to the $1.7 trillion U.S. transportation industry and worsen a nearly three-year trucking recession,

by: MSN

Tesla's shares in meteoric rally after Trump's US election victory

Tesla's stock regains popularity as investors expect its Robotaxi and FSD technology to drive another phase of growth acceleration. The stunning performance drove Tesla's Price-to-Earnings(P/E) ratio to 103,

by: Reuters

Exclusive: Trump transition recommends scrapping car-crash reporting requirement opposed by Tesla

The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk's Tesla , according to a document seen by Reuters, a move that could cripple the government's ability to investigate and regulate the safety of vehicles with automated-driving systems.
  • Mon, December 16, 2024

by: MarketWatch

These are the most 'American-made' cars, but 'a period of real instability' looms with tariff threats

The lead author of an annual study on domestic content says even cars at the top of the index would see prices rise under a tariff program.

by: AM-online

Automotive in 2025: Challenges remain but opportunities ripe for innovators

As the remarketing sector faces a period of profound transformation, the insights shared at the Vehicle Remarketing Association's Automotive Summit focussed on the need for agility, data-driven decision-making,

by: Reuters

Exclusive: Trump transition team to roll back Biden EV, emissions policies

Incoming U.S. President Donald Trump's transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China,

by: Seeking Alpha

Aptiv: Uncertain Near-Term Production Landscape May Prompt Shares To Drift

Despite challenges in auto production, Aptiv PLC showed strong cost management and margin progress. Learn more about APTV stock here.

by: Vanguard

Shettima lauds Nigeria's electric car, CNG company

Vice President, Senator Kashim Shettima has lauded the management of Nigeria's electric car and Compressed Natural Gas manufacturing company, ROXETTES MOTORS, for its innovative approach to addressing Nigeria's transportation and energy challenges.

by: MSN

Auto Transport Industry Trends in a Trump Economy: An In-Depth Analysis

The auto transport industry is at a crossroads, shaped by the economic landscape under Trump's policies. As we dive into this complex narrative, it's essential to understand how changes in regulations and trade practices are impacting everyone from manufacturers to consumers.

by: Woodworking Network

ISM finds economic improvement in 2025. Including wood products, furniture

Economic improvement in the United States will continue in 2025, say the nation's purchasing and supply management executives in the December 2024 ISM Supply Chain Planning Forecast, formerly known as the Semiannual Economic Forecast.

by: AM-online

Arnold Clark to partner with US sport brand Corvette

Arnold Clark is joining the first dealer groups in the UK to partner with Corvette with branches in Glasgow and Altrincham.

by: Reuters

Exclusive: Trump transition team plans sweeping rollback of Biden EV, emissions policies

Incoming U.S. President Donald Trump's transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China,

by: Reuters

Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Steered by Chairman John Elkann, Stellantis , owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations with dealers, industry partners,
  • Sun, December 15, 2024

by: The New York Times

Automakers Thrived in the Pandemic. Many Are Now Struggling.

"The Chinese are winning market share and the Germans are losing," said Ferdinand Dudenhöffer, director of the Center for Automotive Research in Bochum, Germany. "It's not only the electric cars, it's the software in the cars." Changing ...

by: Reuters

Italy ready to work with Stellantis if jobs and plants are preserved, Meloni says

The Italian government is willing to work with Stellantis NV on the carmaker's future strategy provided it keeps jobs and factories in the country, Prime Minister Giorgia Meloni said on Sunday.
  • Tue, December 17, 2024

by: Yahoo

The Weekly Tender: Truckload market surging

As we approach the final days before Christmas, it's becoming evident that the truckload market has experienced a peak season stronger than those of the past two years. The post The Weekly Tender: Truckload market surging appeared first on.

by: crainsgrandrapids

Auto suppliers seek shreds of certainty in 2025 amid policy, consumer disruptions

In a transitioning automotive industry beset with uncertainty caused by shifting policies and consumer preference, industry observers say suppliers could potentially see a longer runway for internal combustion parts.

by: DriveSpark

Bharat Mobility Global Expo 2025 Participant Details: Luxury Car Makers To Startups

With a focus on both traditional and electric vehicles, the expo promises to offer a glimpse into the future of mobility in India. Among the heavyweight participants are Maruti Suzuki, Mahindra, Tata Motors, and Hyundai Motor, with luxury carmakers like Mercedes, BMW, and Porsche also confirming their attendance.

by: kr-asia

Can newcomer Cavan Auto's zero-carbon vision disrupt the NEV market?

With sustainability and purpose-built platforms at its core, Cavan Auto aims to reshape the commercial vehicle landscape with a green ecosystem approach.

by: AM-online

Select Car Leasing appoints Shane Pither to lead EV division

Select Car Leasing has revitalised its electric vehicle (EV) leasing division with the appointment of Shane Pither as head of Select Electric.

by: Seeking Alpha

Tesla: Rapid Growth Is Priced In (Rating Downgrade)

Tesla's automotive business, despite growth, doesn't support the current market price; even optimistic scenarios value it below $250/share. Click for this TSLA stock update.

by: After Market News

AMN Year in Review: Top Manufacturing News of 2024

AAPEX 2024 may have come and gone, but there's still much to learn from the automotive aftermarket's busiest week. AAPEX offers a unique opportunity to connect with the industry's best and brightest, share a drink with colleagues at the welcome reception, and discuss where the aftermarket is headed.

by: AM-online

Sytner Group's Bradford Audi dealership to close after 15 years

Sytner Group's Audi showroom on Canal Road, Bradford, has confirmed it has closed for business. A notice on the dealership's webpage reads "We regret to inform you that Bradford Audi has permanently closed. Please find our alternative dealerships below."

by: Forbes

U.S. Auto Industry At Risk Asserts Blunt Report From Exec Conference

The auto industry is at risk from an assortment of technical, political and philosophic challenges, asserts a "white paper" from a conference of top auto execs.

by: Reuters

US specialty vehicle maker Shyft to merge with Switzerland-based Aebi Schmidt

Shyft Group and Switzerland-based Aebi Schmidt will merge in an all-stock deal, the companies said on Monday, sending the U.S. specialty vehicle maker's shares up 13%.

by: MSN

Why is tech giant SoftBank investing over $100 billion in the U.S.?

Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States over the coming four years.

by: Reuters

Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.

by: Reuters

Focus: Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.

by: MSN

What's Next for Cars? 14 Innovations Coming In 2025 and Beyond

I remember when I first got a car with electric windows. What a game-changer! But now, that tech is exceedingly basic compared with emerging car features, like advanced driver assistance, AI maintenance,
  • Sat, December 14, 2024

by: The Hill

Supreme Court takes up California clean cars case

Energy & Environment Energy & Environment   The Big Story Supreme Court may revive challenge to Calif. car rule The Supreme Court indicated Friday it will take up a

by: Reuters

Exclusive: Trump team wants to scrap car-crash reporting rule that Tesla opposes

Tesla is run by Elon Musk, contributor of more than $250 million to Trump's campaign and the head of his government efficiency department.

Paccar Announces Leadership Change in Financial Services

An update from Paccar ( (PCAR) ) is now available.
PACCAR Inc announced a leadership transition within its Financial Services division on April 24, 2024. Todd R. Hubbard, who has been with PACCAR since 1995 and served as the Vice President and Controller, will now take on the role of Vice President of Financial Services, replacing Craig R. Frohock, who is retiring after 36 years with the company. Frohock's retirement will be effective from June 30, 2024, and he will continue to support the company in an advisory capacity until the end of the year. Hubbard's new responsibilities will include overseeing PACCAR Financial, PACCAR Leasing, and PACCAR Financial Europe. This change aims to ensure continued growth and stability in PACCAR's financial services operations.

Read the Full Business Insider Article at:
https://markets.businessinsider.com/news/stocks/paccar-announces-leadership-change-in-financial-services-1034127060

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