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Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off.

Volvo Car AB tapped its longtime CEO Hakan Samuelsson to retake the helm as the Swedish automaker tries to navigate its way out of a malaise worsened by looming U.S. tariffs.

Edmunds projects Q1 car sales totaling 3.8 million vehicles, the strongest start to the year since 2021. Promised U.S. tariffs could jack up sticker prices once inventories are depleted.

As many as 350 staff will be laid off in early April at Volvo Trucks North America’s New River Valley assembly plant in Dublin, Va., a Volvo Group representative told Transport Topics.

President Donald Trump said he spoke with Canadian Prime Minister Mark Carney and that the two would meet after Canada’s election, amid an intensifying tariff war between the allies.

Georgia has passed a measure that would ensure juries know outside groups that are financing lawsuits and prohibit those groups from pressuring plaintiffs on when or how to settle a case.

Daimler Truck Holding announced that it would be integrating artificial intelligence and robotics into its military vehicle platforms, in partnership with defense tech firm ARX Robotics.

Billionaire Li Ka-shing reportedly won’t go ahead with the expected signing next week of a controversial deal to sell his Panama Canal ports to a consortium including BlackRock.

An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt. 

BRW took a major step further into government and defense contracting by securing approval to handle more military freight, the company announced March 20.