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Month: July 2026

Evergreen Marine raided in insider trading probe tied to 2023 deal worth NT$13.35 billion

July 6, 2026 by Marcus Webb

Taipei prosecutors and the Investigation Bureau raided Evergreen Marine Corp.’s premises on July 6, 2026, as part of a suspected insider trading investigation linked to a 2023 related-party transaction valued at NT$13.35 billion (approximately $417 million). Nine individuals are being…

Categories Parts & Suppliers Tags Fleet

What’s Your Ride for the Mad Max Apocalypse?

July 6, 2026 by Marcus Webb

As New York swelters under a heat index of 109°F and extreme weather looms, the question isn’t just about surviving today—it’s about gearing up for the long collapse. When society unravels, fuel becomes currency, and the asphalt turns to a…

Categories Industry News Tags Car curiosities

NASA’s spare Mars rover could finally get its moment — on the Moon

July 6, 2026 by Marcus Webb

NASA’s Jet Propulsion Laboratory built three near-identical Mars rovers: Curiosity, Perseverance, and a ground-test twin that never left Earth. While the first two explore the Red Planet, the third has spent years enduring every simulation and failure diagnosis in JPL’s…

Categories Performance & Motorsport Tags Rover, SUV

Tesla’s European Q2 Sales Surge While U.S. Demand Plunges

July 6, 2026 by Marcus Webb

Tesla’s second-quarter deliveries rose 25% year-over-year globally, driven by a 40% spike in Europe where soaring gasoline prices turbocharged EV demand. The surge contrasts sharply with the U.S., where Tesla’s sales are estimated to have fallen 20% in Q2 to…

Categories Performance & Motorsport Tags Chery, EV, Market, Nissan, Rivian, SUV, Tesla

Ferrari’s 12Cilindri Manuale isn’t a ‘real’ manual—but who cares?

July 6, 2026 by Marcus Webb

Ferrari’s 2027 12Cilindri Manuale has reignited the debate over what qualifies as a true manual transmission, but the Italian supercar maker isn’t sweating it. The flagship V12 grand tourer is the first manual-equipped Ferrari in over a decade, yet it…

Categories Performance & Motorsport Tags Ferrari, Koenigsegg, Performance

What Does MPG-E Mean and How Is It Calculated?

July 6, 2026 by Marcus Webb

MPG-E stands for miles per gallon of gasoline equivalent, a metric the EPA uses to compare the energy efficiency of electric vehicles (EVs) and plug-in hybrids against traditional gasoline cars. The agency calculates it by equating one gallon of gasoline…

Categories Performance & Motorsport Tags EV, Ford, Lucid, Mercedes-Benz, Nissan, Pickup trucks, Sedans, SUV, Tesla, Toyota

Watching Cars Get Assembled Reveals Just How Spectacularly Complex They Are

July 6, 2026 by Marcus Webb

Modern car manufacturing is a ballet of precision and brute force, a process so intricate it borders on the absurd. Every new car rolling off the line is the result of thousands of parts, hundreds of workers, and a production…

Categories Performance & Motorsport Tags BMW

BMW M2 with M Performance Track Kit smashes Nordschleife record

July 6, 2026 by Marcus Webb

BMW’s latest M2 with the M Performance Track Kit has just obliterated the Nürburgring Nordschleife lap record for its class, clocking a verified 7:25.068 on 22 May 2026. The time was stamped by TÜV Rheinland under punishing conditions: scorching ambient…

Categories Industry News Tags BMW, Performance

EPA Reaches $1m Settlement with Denka Over Hazardous Chloroprene Waste Handling

July 6, 2026 by Marcus Webb

The US Environmental Protection Agency (EPA) has reached a $996,703 settlement agreement with Denka Performance Elastomer (DPE) over alleged hazardous waste violations at the company’s currently idled chloroprene rubber production facility in LaPlace, Louisiana. Under the agreement, Denka must certify…

Categories Parts & Suppliers Tags Pirelli

Covestro Acquires HDI Production Plants in Thailand, US

July 6, 2026 by Marcus Webb

Covestro has completed the acquisition of two production sites for hexamethylene diisocyanate (HDI) derivatives in Thailand and the US. The transaction, which was completed on 1 July, covers the former Vencorex facilities in Rayong, Thailand, and Freeport, Texas. The acquired…

Categories Parts & Suppliers
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