Biden’s stricter Buy American rule may require Mack Trucks to shift gears July 30, 2021 President Joe Biden has proposed stricter “Buy American” rules that will see an increase in U.S.-content requirements in federal purchases to 75% from 55% currently. There’ll also be “enhanced price preferences to select critical products and components” which may be seen as a subsidy for onsh... Read more →
Hino’s supply chain slows ahead of engine compliance pause January 4, 2021 Hino, Toyota’s truck manufacturing subsidiary, will halt heavy truck production in the U.S. until October “following challenges in the required U.S. engine certification testing process”. While U.S. sales of heavy trucks rose by 2.4% year over year in November, seaborne imports linked to Hino ... Read more →