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Market

I Took a Quick Spin in the Slate Truck—Here’s Why It Didn’t Win Me Over

June 26, 2026 by Marcus Webb

The Slate Auto two-door electric pickup truck has been one of the most buzzed-about new vehicles of the past year, emerging seemingly out of nowhere from a partially Bezos-backed startup. After its April 2025 reveal, Slate initially teased a starting…

Categories Performance & Motorsport Tags Concept cars, EV, Market, Performance, Pickup trucks

These Automakers Sold The Most Cars in Europe Last Month

June 25, 2026 by Marcus Webb

Europe’s new-car market roared back to life in May 2026, with 1,152,523 registrations across the EU, EFTA (Iceland, Norway, Switzerland), and the UK—a 3.6% year-over-year jump. The EU alone grew 3.2%, while the UK matched the overall rise at 3.6%.…

Categories Reviews & Tests Tags Continental, EV, Hybrid, Hyundai, Market, Mercedes-Benz, Renault, Toyota, Volkswagen

Amazon Prime Day Day 1 Online Spending Exceeds Forecast at $8.3 Billion

June 25, 2026 by Marcus Webb

Online spending in the U.S. surged to $8.3 billion on the first day of Amazon’s 2026 Prime Day event, topping Adobe’s revised estimate of $7.9 billion. Adobe projects total online sales for the four-day promotion will reach $26.3 billion, a…

Categories Parts & Suppliers Tags Fleet, Market

Slate Truck Starts at $24,950: Here’s What You Get for the Price

June 25, 2026 by Marcus Webb

Slate, the Amazon-backed startup automaker, has opened pre-orders for its ultra-affordable modular electric pickup, the Slate Truck, with a starting price of $24,950. That figure excludes destination fees and other undisclosed charges, pushing the real-world cost closer to $27,000. The…

Categories Performance & Motorsport Tags EV, Market, Performance, Pickup trucks, SUV

Hormuz Fertilizer Shipments Rebound Sharply After U.S.-Iran Peace Deal

June 25, 2026 by Marcus Webb

Global fertilizer exports through the Strait of Hormuz have rebounded significantly following an interim U.S.-Iran peace agreement, easing supply chain disruptions that had threatened food inflation. At least 16 vessels carrying crop nutrients have exited the strait since the deal,…

Categories Parts & Suppliers Tags Fleet, Market

Slate Auto Drops Sub-$25K Electric Pickup to Test EV Market Waters

June 25, 2026 by Marcus Webb

Slate Auto, the electric-vehicle startup backed by Jeff Bezos, has thrown down the gauntlet in the pickup segment with the launch of a subcompact all-electric truck priced at $24,950. Unveiled at a Los Angeles event on June 24, 2026, the…

Categories Parts & Suppliers Tags Debuts, EV, Ford, Market, Pickup trucks

Even The $31,950 Slate SUV Skips Power Windows And A Key Fob

June 25, 2026 by Marcus Webb

Slate, a Jeff Bezos-backed startup, has announced the pricing for its electric pickup and SUVs. The electric pickup starts at $24,950 before fees and taxes, with a projected range of 205 miles on the standard battery. The company is taking…

Categories Industry News Tags Market, Performance, Pickup trucks, SUV

FedEx Beats Profit Estimates but Shares Slip as Package Demand Remains Weak

June 24, 2026 by Marcus Webb

FedEx Corp. posted adjusted fourth-quarter earnings of $6.31 per share on June 23, 2026, beating Wall Street’s forecast of $5.97 per share. Despite the profit beat, the company’s shares fell 5.4% after its profit margin of 8.4% missed expectations. FedEx…

Categories Parts & Suppliers Tags Fleet, Market

US Startup REO Pitches $21,500 Manual-Transmission “Ameri-Kei” Pickup for 2028

June 24, 2026 by Marcus Webb

A fresh-faced American automaker is gunning for the budget pickup segment with a trio of no-frills trucks and SUVs that blend Japanese Kei-car DNA with Texas-built grit. REO Industries—named after a defunct 1905 brand resurrected by Texas realtor Zach De…

Categories Industry News Tags EV, Market, Pickup trucks, Sedans, SUV, Toyota

Nexen expands Czech warehouse to boost European logistics capacity by 57%

June 24, 2026 by Marcus Webb

South Korean tire manufacturer Nexen Tire has completed a major expansion of its automated finished-goods warehouse at its Zatec, Czech Republic plant, increasing storage capacity by 57% to support faster regional deliveries across Europe. The new facility, built with a…

Categories Parts & Suppliers Tags Fleet, Market
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