Marcus Webb BMW has confirmed the fifth-generation X5 will arrive without its iconic split-folding tailgate, a feature that debuted with the original X5 in 1999. Speaking to journalists at the X5’s launch in Spartanburg, South Carolina, Philip Koehn, Director of Luxury Class…
BMW Motorrad has announced a comprehensive model update for its 2027 lineup, introducing new color schemes, factory-fit options, and revised special equipment packages. The refreshed models will be available for order from BMW Motorrad dealers starting August 2026. Key highlights…
The world’s largest EV battery maker, Contemporary Amperex Technology Co. Ltd. (CATL), has identified mining—not processing—as the critical bottleneck in securing raw materials for electric-vehicle batteries. Vice President Jiang Li told Bloomberg that CATL is prioritizing upstream investments to lock…
Global oil prices have crashed below pre-war levels after Saudi Arabia restored crude exports toward normal rates from its Ras Tanura terminal, deepening oversupply concerns. Brent futures in London slipped to near $70 per barrel on July 2, 2026, the…
Tesla delivered 480,126 vehicles globally in the second quarter of 2026, beating Bloomberg’s average analyst estimate of 396,466 by a wide margin. The figure represents a 25% year-over-year increase from Q2 2025, when Tesla faced significant consumer backlash tied to…
China and the United States have agreed in principle to include agricultural products in a reciprocal tariff reduction framework, marking a step toward easing trade tensions. The announcement follows recent talks and was confirmed by China’s Ministry of Commerce in…
U.S. job growth stumbled in June, with nonfarm payrolls rising by just 57,000, the weakest gain since the pandemic-era recovery began. The Bureau of Labor Statistics report, released July 2, also revised downward the payroll increases for April and May,…
Electric-vehicle maker Rivian Automotive Inc. has raised its 2026 delivery forecast to between 65,000 and 70,000 vehicles, up from Wall Street’s expectation of roughly 63,000. The company delivered 12,194 vehicles in the second quarter, beating analyst estimates of about 10,600.…
Cardo Systems has launched the Venture, the company’s first off-road helmet with a mesh intercom system integrated directly into the shell. Designed for trail and dual-sport riders, the Venture carries an MSRP of $799 and hits dealer shelves later this…
The 37th BMW International Open has commenced, with the first round taking place in ideal weather conditions. Jayden Schaper from South Africa got off to a strong start, scoring a flawless round of 64 (-8) with eight birdies to take…