Honda racked up a $2.7 billion loss, the first-ever full year loss for the Japanese automaker, acknowledging heavy costs for its electric-vehicle plans, stemming from President Donald Trump’s pro-U.S. policies.
Japanese automaker Nissan said it reduced losses for the fiscal year through March, but remained in the red, battered by U.S. tariffs, inflation and intensifying competition.
Toyota’s profit fell 19% in the last fiscal year from a year earlier, as President Donald Trump’s tariffs bit into earnings at Japan’s top automaker.
In observance of the 100th anniversary of Route 66, the Mid-State Collectors Club will host a tractor drive on June 20.
Tesla is recalling 173 Cybertrucks because cracking in the rotor could cause the wheel stud to separate from the wheel hub, increasing the risk of a crash and injury.
Edmunds’ auto experts have identified the five best off-roading midsize trucks right now.
Ford is recalling almost 1.4 million of its F-150 pickup trucks in the United States because of a gearshift issue that may lead to the loss of control of vehicles and increasing the risk of a crash.
During the century’s first three decades, American businesses fought to reign supreme on the farm by developing a reliable, affordable tractor.
President Donald Trump said that he will increase the tariffs charged on cars and trucks from the European Union to 25%, a move that could jolt the world economy at a fragile moment.
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