Sofía Martínez Germany’s Federal Cartel Office (Bundeskartellamt) has levied fines totalling €11.9 million on Maxxis International GmbH and two tire wholesalers—Best4Tires Berlin GmbH (B4T Berlin) and Reifen Mueller GmbH & Co. KG—for operating a vertical price-fixing scheme involving Maxxis and CST brand…
President Donald Trump visited General Motors’ Proving Ground in Milford, Michigan, on July 27, 2026, where he defended his tariff policies and praised the automaker’s revival under his administration. Trump toured the facility, which serves as GM’s oldest dedicated vehicle…
International Motors is considering a second production shift at its San Antonio assembly plant due to increasing demand and product initiatives. The company’s truck orders rose 209% year over year in the second quarter to 22,924 vehicles, and it reported…
A new oil exploration and production company, 1947 Oil & Gas Plc, is preparing to list on London’s Alternative Investment Market (AIM) next month with a £50 million ($67 million) initial public offering. The company, founded by former Goldman Sachs…
Porsche has reached a landmark agreement with labor representatives to eliminate 5,000 positions across its German operations by 2035, using voluntary measures such as natural attrition, expanded partial-retirement schemes, and severance packages to avoid compulsory layoffs. The deal secures employment…
The U.S. Department of Agriculture (USDA) will begin a phased reopening of Mexican cattle imports on August 24 at the Douglas, Arizona port of entry, after a yearlong ban due to the detection of New World screwworm. The ban was…
The United States has formally requested that Mexico impose Section 232-style tariffs on steel and aluminum imports originating outside North America, according to four individuals with direct knowledge of the ongoing USMCA trade review talks. The proposal is designed to…
Traffic will begin crossing the new Gordie Howe International Bridge linking Detroit and Windsor on July 27, 2026, after Canada completed the multibillion-dollar project. The 1.5-mile-long bridge rises 151 feet above the Detroit River at its highest point and adds…
Mercedes-Benz is celebrating 140 years of innovation with an epic, transcontinental journey featuring the new S-Class. The global tour, which began after the world premiere of the new S-Class on January 29, 2026, spans over 50,000 kilometers across six continents,…
German tire recycler Pyrum Innovations has finalized a long-term supply and offtake agreement with Pirelli under the Italian tire giant’s European tire-to-tire initiative. The deal secures a steady stream of end-of-life and scrap tires from defined sources in Germany for…