Latest news with #truckmakers
Reuters
7 days ago
- Automotive
- Reuters
Daimler, Volvo, other truckmakers sue California to block emissions rules
Aug 12 (Reuters) - Four major truckmakers, including Daimler ( opens new tab and Volvo, sued California to block the state from enforcing strict emissions standards that U.S. President Donald Trump declared void in June. Daimler, Volvo, Paccar (PCAR.O), opens new tab, and International Motors ( opens new tab, formerly Navistar, said they have been "caught in the crossfire" after Trump reversed waivers issued during the Biden administration that let California set its own standards. In a complaint filed on Monday, the truckmakers said Trump's rescinding U.S. Environmental Protection Agency approval of California's plan to boost zero-emission heavy-duty truck sales and reduce nitrogen oxide emissions preempted the state's enforcement. They said this included enforcing the Clean Truck Partnership, a 2023 program giving the truckmaking industry flexibility to meet emissions requirements while advancing California's goal of lowering emissions. The truckmakers said the regulatory uncertainty has caused irreparable harm because they cannot plan production in advance without knowing which vehicles they will be permitted to sell. Monday's complaint names the California Air Resources Board and Democratic Governor Gavin Newsom as defendants, and was filed in the federal court in Sacramento, the state's capital. Newsom's office and the board did not immediately respond on Tuesday to requests for comment. Trump's action was part of the Republicans' effort to curb California's power under the federal Clean Air Act to set tighter pollution limits than federal law requires, and Newsom's desire to promote electric vehicles as he fights climate change. California has received more than 100 waivers under the Clean Air Act since 1970. During his June signing of joint congressional resolutions, Trump also blocked California's effort to end sales of gasoline-only vehicles by 2035. The state is also suing to undo Trump's actions. The case is Daimler Truck North America LLC et al v. California Air Resources Board et al, U.S. District Court, Eastern District of California, No. 25-02255.
E&E News
7 days ago
- Automotive
- E&E News
Truck manufacturers sue to dissolve ZEV sales agreement with California
A group of truck-makers sued California regulators Monday to block an industry agreement on zero-emission sales targets, arguing that the state no longer has authority to enforce its pollution regulations for heavy-duty vehicles. The suit, filed in U.S. district court for the Eastern District of California, argues that truck manufacturers shouldn't have to abide by the state's sales targets for zero-emission trucks — or a separate voluntary agreement that the truck-makers signed with California in 2023 — because Congress overturned California's Advanced Clean Truck rule in June through the Congressional Review Act. The U.S. Justice Department sent cease-and-desist letters to the California Air Resources Board, but the state agency has continued to try enforcing the rules, the suit says. A CARB spokesperson said the agency doesn't comment on pending litigation. Advertisement 'Plaintiffs are caught in the crossfire: California demands that [original equipment manufacturers] follow preempted laws; the United States maintains such laws are illegal and orders OEMs to disregard them,' lawyers for Daimler Truck North America, International Motors, Paccar and Volvo North America wrote. 'This situation is not tenable.'
New York Times
08-08-2025
- Automotive
- New York Times
Truck Companies Sour on California's Strict Clean Air Rules
President Trump's onslaught against California's environmental policies is emboldening big truck makers to turn away from a landmark clean air deal that they struck with the state. The deal required the truck makers to obey two clean air rules even if the rules were later challenged. In return for that commitment, California significantly softened one of the rules, which requires the sale of cleaner diesel trucks. The truck makers now say Mr. Trump's actions have undermined the pact and taken away California's right to impose the regulations. Their brewing fight with the state shows how California is struggling to impose policies to cut down emissions as the Trump administration works to reverse those efforts. The regulation requiring the sale of cleaner diesel trucks seeks to cut emissions of nitrogen oxides, which have been linked to respiratory diseases. The other rule demands that the truck makers sell an increasing number of battery-powered trucks, which don't emit carbon. The manufacturers say a lack of demand for zero-emissions semis makes the rule unworkable. Battery-powered trucks cost far more than those with diesel engines, and operators say the distance they can travel before they need a charge is too short. California said it expected the truck makers to stand by the deal, struck two years ago and called the Clean Truck Partnership. Want all of The Times? Subscribe.
Yahoo
31-07-2025
- Automotive
- Yahoo
Daimler Truck slashes key profit forecast on North America weakness
FRANKFURT (Reuters) -Daimler Truck, one of the world's biggest truckmakers, on Thursday slashed a key profit forecast for 2025 due to "continuous market weakness in North America", the latest warning from industry as U.S. President Donald Trump imposes tariffs on imports. The German company now expects adjusted earnings before interest and taxes (EBIT) in a range of 3.6 billion euros to 4.1 billion euros ($4.1 billion to $4.7 billion), compared with 4.7 billion euros reported for 2024. That would mark a drop of as much as 23%. The company previously forecast that adjusted EBIT for 2025 would be just 5% lower, and could even rise 5%. "After a strong first half in North America, recent months have shown a clear slowdown in order levels, reflecting ongoing market uncertainty. In response, we have adjusted our capacity and lowered our market guidance and volume outlook," said Chief Financial Officer Eva Scherer. ($1 = 0.8755 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Automotive
- Yahoo
Daimler Truck announces 2 billion eur share buyback
(Reuters) -Daimler Truck Holding, one of the world's biggest truckmakers, said on Monday it would conduct a new share buyback program worth up to 2 billion euros ($2.35 billion). The German truckmaker will acquire its own shares over a period of up to two years, starting in the second half of 2025, it said in a statement. ($1 = 0.8520 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
