Tesla’s Cybertruck risks repeating Ford’s Edsel flop as sales miss the mark
Tesla’s angular Cybertruck is drawing comparisons to Ford’s Edsel after failing to meet lofty sales expectations since deliveries began in 2023. U.S.…
Market & Business
Tesla Q2 revenue beats estimates but profit falls short
Tesla reported second-quarter revenue of $28.2 billion, beating market forecasts, but adjusted earnings of just 33 cents per share missed Wall Street’s…
Mack Trucks rolls out Lock & Leave for unattended over-the-air software updates
Mack Trucks is rolling out Lock & Leave, a new feature that lets drivers initiate over-the-air (OTA) software updates and then leave…
LTL carriers set sights on expansion amid truckload capacity squeeze
Less-than-truckload (LTL) carriers are poised for further growth as truckload capacity tightens, driving up demand and shipment weights in the second quarter…
Tire Makers Urge Changes to EU Industrial Accelerator Act
Europe’s tire manufacturers are calling on the European Commission to strengthen the proposed Industrial Accelerator Act (IAA) to support the competitiveness and…
VW sales plummet as automaker eyes drastic brand cull to cut model lineup in half
Volkswagen Group reported a brutal 8.6% drop in global sales during the second quarter, with deliveries falling to just under 2.1 million…
BMW Group reports growth in US and Europe, fueled by Neue Klasse models
The BMW Group has reported mixed global sales performance in the first half of 2026, with growth in the US and Europe…
Porsche’s 2026 H1 Sales Plunge 16% as 911 Shines and EVs Struggle
Porsche’s global deliveries crashed 16% in the first half of 2026, with just 122,306 cars finding new homes compared to 146,391 in…
PepsiCo snack rebound stalls in Q2 2026 as gas prices crimp consumer spending
PepsiCo’s North American snack business stumbled in the second quarter of 2026, with revenue in the region falling 2% despite aggressive price…
Target reorganizes strategy team, trims roles under new CEO’s efficiency push
Retail giant Target has restructured its strategy team, eliminating some positions as part of a broader push to streamline operations and improve…