May served as a pivotal transition month for the U.S. automotive market. While overall sales experienced a year-over-year increase, the pace decelerated significantly as the previous surge in demand, fueled by tariff uncertainties, began to cool.
By Tim Crawford, Co-founder & CEO, Tenstreet
The uncertainty around tariffs has spooked many in the US trucking industry. Fleet owners are seeing costs climb and trying to make the math work. Meanwhile, drivers are moving around slightly less than during boom times.
Senate Republicans have proposed ending fines for automakers not meeting Corporate Average Fuel Economy (CAFE) rules as part of President Trump’s “Big Beautiful Bill.”
Samsara Inc., and Element Fleet Management Corp, announced a holistic fleet and operations management offering which streamlines procurement and onboarding for shared customers, delivering greater safety and efficiency through the combined power of product solutions—far beyond traditional telematics.
The auto industry is slowing down. Amid tariff turmoil, major changes to U.S. regulations, and shifting sentiment about EVs, automakers will design and release fewer new cars this year.