Ford Motor Co.’s top executive welcomed revisions to auto import rules, but said more work is needed to craft trade policies that spur growth in the U.S. auto industry.

The national average price of diesel switched course from the previous week, falling 4.9 cents to $3.487 a gallon, according to U.S. Energy Information Administration data.

Honda said electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs to be 30% of its global vehicle sales by 2030.

The 2025 High Performance Low Carbon Liquid Fuels Summit was held in Indianapolis, where attendees learned about the potential of corn-based ethanol and soybean-based biodiesel.

Pato O’Ward learned that it behooves Indianapolis 500 drivers to take part in the rookie tradition of milking a cow if they ever want to drink the stuff in victory lane upon winning “The Greatest Spectacle in Racing.”

Ford Motor Co. says it expects to take a $1.5 billion hit to its operating profit from tariffs this year and is withdrawing its full-year financial guidance due to the uncertainty created by the Trump administration’s evolving trade policy.

California regulators have released a new proposal to allow the testing of self-driving heavy duty trucks on public roads.

General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto tariffs as high as $5 billion in 2025.

The U.S. Environmental Protection Agency issued an emergency fuel waiver to allow the sale of E15, gasoline blended with 15% ethanol, nationwide during the summer season.