General Motors is laying off 350 workers at its Lansing, Michigan facilities—Lansing Grand River Assembly/Stamping and Lansing Regional Stamping—effective January 14, 2027, as the company shifts production from electric vehicles to a new combustion-powered Cadillac sedan. The move comes despite…
Home Depot reported a 5.7% year-over-year revenue increase to $47.86 billion for its second quarter, beating Wall Street expectations of $47.24 billion. Comparable store sales rose 1.7% globally and 1.3% in the U.S., driven by demand for smaller home-improvement projects…
Swedish autonomous logistics specialist Einride has placed the largest order to date for Tesla’s Semi electric truck, committing to 500 units for its North American fleet over the next two years. The phased deployment begins next month, with trucks entering…
The United States and Canada are locked in final negotiations to avert a looming 50% tariff on $20 billion worth of Canadian goods, with the deadline set for 12:01 a.m. on August 19, 2026. The dispute threatens one of the…
Global oil prices edged higher on Aug. 18, 2026, following a 2.7% surge the day before, as geopolitical tensions in the Middle East kept energy markets on edge. Brent crude, the international benchmark, climbed 0.1% to $90.94 per barrel in…
Audi is reconsidering the fate of its iconic 2.5-liter turbocharged five-cylinder TFSI engine, which was previously slated for extinction under tightening emissions rules. The decision follows comments from Audi Sport boss Rolf Michl, who confirmed to Autocar that evaluations are…
BMW M Motorsport capped a frenetic mid-August at the Nürburing with a blistering display of speed and consistency across multiple racing series. The action peaked from August 14–16, 2026, as the German circuit hosted DTM, ADAC GT4 Germany, BMW M2…
Ken Okuyama, the designer who contributed to the Ferrari Enzo, has launched his own hand-built supercar: the Kode89. This low-volume machine channels 1980s and 1990s angular styling with a razor-sharp, uncluttered design that relies on pure shape rather than aerodynamic…
Indian tire giant Apollo Tyres posted a 12.8% year-on-year revenue increase in the first quarter of fiscal 2026-27, driven by record demand in its domestic market. For the three months ended 30 June, consolidated revenue rose to INR74 billion (€670…
Indian speciality chemical and advanced intermediate manufacturer Aether Industries has teamed up with Dow India to launch a multi-year research programme aimed at developing next-generation silicone manufacturing technologies. The collaboration will utilise Aether’s R&D and pilot facilities in Surat, located…