Oil prices fell on August 24, 2026, as the U.S. prepared to impose new sanctions on Iran, despite the country’s currency hitting a record low and escalating geopolitical tensions. Brent crude dropped 1.7% to $91.06 per barrel, while U.S. benchmark…
Vice President of Corporate Strategy at Fleetworthy, Rob Abbott, argues that Congress should expand funding for programs like “Trooper in a Truck” to tackle unsafe behaviors by passenger vehicle drivers around commercial trucks. Abbott highlights that passenger-vehicle drivers cause most…
BMW is accelerating its shift away from traditional physical buttons and switches in favor of voice commands, touchscreens, and haptic steering-wheel controls, arguing that younger drivers increasingly prefer these interfaces. The Munich-based automaker has already implemented this minimalist approach in…
A deep, saturated green motorcycle that shifts between forest shadow and polished emerald under changing light has just claimed its place among the world’s most refined custom machines. The Tamarit Emerald—an all-hand-built, jewel-like custom motorcycle—sold for €28,750 at Bonhams’ Les…
Ford has confirmed that its next European SUV will ride on Geely’s Global Intelligent New Energy Architecture (GEA) platform and will be assembled at the company’s Valencia plant in Spain. The move is part of a joint venture between Ford…
Volkswagen Group CEO Oliver Blume has delivered a stark warning to employees in an internal memo, describing the company’s situation as “more than critical” as it braces for sweeping restructuring. The memo, obtained by Reuters, highlights a cost structure that…
Trade negotiations between the US and Canada collapsed on August 21 after Washington limited proposed tariff cuts to passenger cars and light pickups, excluding heavier trucks. The US imposed a 50% tariff on roughly $20 billion of Canadian exports, including…
US-based butadiene and C4 derivatives supplier TPC Group is ramping up a series of debottlenecking and optimization projects to lift its crude C4 processing capacity by 14% by the end of 2029. The near-term initiatives, slated for 2026, target existing…
US tire and automotive service giant Mavis Tire Express Services has finalized its $700 million (€614 million) cash acquisition of Pep Boys from Icahn Enterprises, adding nearly 800 locations to its network and bringing the total to 4,400 stores across…
India’s compounded rubber exports surged 45.8% year-on-year in the first quarter of fiscal year 2026-27, rising from 4,476 tonnes in April-June 2025-26 to 6,526 tonnes in the same period this year. The Indian Department of Commerce highlighted the growth in…