Marcus Webb 
Canadian Prime Minister Mark Carney is seeking a trade deal with the US that removes Section 232 tariffs on key sectors, including steel, aluminum, autos, and lumber. The tariffs, imposed by US President Donald Trump, have been battering the Canadian…
The 2026 Benda Chinchilla 300 is an entry-level cruiser with an MSRP of $4999, offering a welcoming and easy-handling experience for new riders. The bike features a SOHC liquid-cooled 298cc V-twin engine, producing 30 HP, and a 6-speed gearbox. With…
Global oil prices remained largely unmoved on August 6, 2026, as markets grappled with uncertainty over the ongoing U.S. conflict with Iran. Brent crude, the international benchmark, inched up less than 0.1% to $79.50 per barrel, while U.S. benchmark crude…
ConocoPhillips announced on August 6, 2026, that CEO Ryan Lance will retire effective September 1, with CFO Andy O’Brien taking over as chief executive. Lance will transition to the role of executive chair, while Konnie Haynes-Welsh, currently vice president for…
General Motors has extended its 50-50 joint venture with SAIC through 2047, with plans to produce at least 30 new-energy models by 2030 using Chinese-developed platforms and software. The joint venture, SAIC-GM, will focus on Buick and Cadillac in China,…
Mitsuoka is doubling down on retro-flavored roadsters with its next creation, a two-seater that wears the skin of a 1950s Corvette but hides Mazda MX-5 underpinnings. The Japanese coachbuilder has released a third teaser ahead of the car’s November 2026…
BMW Group Plant Munich has launched series production of the all-new BMW i3* as the second model in the Neue Klasse lineup, following a surge in early orders that triggered a steep ramp-up curve at the historic facility. The fully-electric…
Kumho Tire has reported a 24% rise in second-quarter operating profit, driven by increased original equipment (OE) supply in North America and Europe, as well as higher sales of replacement tires. The Korean tire maker posted consolidated sales of KRW1,332…
Cabot Corp. has reported a decline in earnings for its Reinforcement Materials business, which primarily produces rubber grade carbon black, despite a growth in volumes. For the quarter ended June 30, segment EBIT fell 24% year-on-year to $97 million, while…
Sumitomo Riko has invested $4.5 million (€3.9 million) to expand its automotive anti-vibration rubber parts plant in Bluffton, Ohio. The expansion, set to commence operations in August, will increase the plant’s production capacity by around 15% and enable mass production…