Tag

Trucks

All articles tagged with #trucks

business3 months ago

Trump to Implement 25% Tariff on Imported Heavy Trucks Starting Nov. 1

President Trump announced a 25% tariff on all imported medium and heavy-duty trucks entering the U.S. starting November 1, 2025, as part of his broader strategy to protect domestic manufacturers amid ongoing trade tensions and investigations into national security concerns. This move marks an expansion of sector-specific tariffs, complicating international trade relations and impacting global automakers.

automotive1 year ago

"Ford's Gas-Fired Truck Onslaught: 144,000 Units Head to North American Dealers"

Ford Motor Co. is launching a new lineup of popular trucks, including the F-150 and Ranger, with a focus on hybrid options and new features. The company is celebrating the ramp up of shipments with "truck takeover" events at its manufacturing plants. The F-150 Powerboost hybrid, with a 7.4kW Pro Power onboard generator, has seen record hybrid deliveries, and the F-150 Lightning EV sales have increased despite a pause in deliveries for quality checks. The Maverick compact pickup, available in gas and hybrid options, has been selling quickly, and the new Ranger will feature a 2.7L EcoBoost V6 and a Raptor variant with 405 horsepower and 435 pounds of torque. Ford aims to ship over 100,000 new trucks by the end of April.

business1 year ago

"Massive Toyota Recall: 600K Trucks and SUVs at Risk"

Toyota has voluntarily recalled over 600,000 pickup trucks and SUVs in the United States due to safety concerns. The recalls were issued for different issues that could increase the risk of crashes, including problems with the transmission and welding debris on the rear-axle assembly. Owners of the affected vehicles will be notified by late April and should visit their local dealerships for necessary repairs.

automotive1 year ago

Toyota Recalls 280,000 Trucks and SUVs for Transmission Power Issue

Toyota is recalling around 280,000 trucks and SUVs due to a transmission issue that can cause the engine to receive power even when the vehicle is in neutral, potentially leading to unintentional forward movement. The recall affects certain 2022-2024 Lexus LX 600 SUVs, 2022-2024 Toyota Tundra, and 2023-2024 Toyota Sequoia SUVs. Toyota will update the transmission software to address the problem, and impacted owners will be notified starting in late April. No information was provided regarding any crashes or injuries caused by the issue.

business-and-finance2 years ago

"Ford's Mixed 2023: Record US Sales and Sports Car Success Amid EV Losses and Truck Competition"

Ford (F) experienced a significant increase in vehicle sales in the US for 2023, with a 7.1% year-over-year growth, selling nearly 2 million vehicles. The company saw a substantial rise in electric vehicle (EV) sales, with the F-150 Lightning and Mustang Mach-E leading the charge. Ford's F-Series maintained its position as America's best-selling truck for the 47th consecutive year and the best-selling vehicle for the 42nd year. The automaker also plans to launch new versions of popular models in 2024. Ford holds a Zacks Rank #3 (Hold), while other auto companies like Volvo, NIO, and Toyota Motor Corporation are also highlighted for their rankings and projected sales and earnings growth.

automotive2 years ago

"Ford's Decision to Prioritize Explorer Sport Tracs Leaves Ranger Double Cab Fans Disappointed"

Ford chose not to sell the four-door version of the third-generation Ranger in the U.S., despite offering it in Latin American markets. While other automakers were selling four-door compact trucks, Ford focused on selling the Explorer Sport Trac instead. The Sport Trac, however, did not have the same staying power as its rivals. Ford's decision to prioritize selling the Explorer over the four-door Ranger was likely driven by its desire to promote larger SUVs like the Explorer. The quirky and anachronistic double cab Ranger, with its unique design and turbocharged diesel engine, remains a favorite among truck enthusiasts.

automotive2 years ago

"Ford Recalls 42,000 Trucks for Crash-Causing Defect"

Ford is recalling nearly 42,000 Super Duty F250 and F350 trucks due to a defect in the left rear axle shaft that may break, increasing the risk of crashes. The issue was identified through monitoring of warranty claims, and affected models were found to have been improperly heat-treated during manufacturing. Ford will inspect and replace the part if necessary free of charge, and affected truck owners will receive notification letters. This comes after Ford's recall of 870,701 F-150 trucks earlier this year for a wiring issue with their electric parking brakes, which also posed a safety risk.