DTNA Q2 sales surge 8% in first year-over-year gain since Q3 2024
Daimler Truck North America (DTNA) reported its first quarterly year-over-year sales increase in six quarters, with Q2 2026 vehicle sales climbing 8%…
Market & Business
Zenvo Aurora: the world’s most powerful V12 road car is almost here
Danish hypercar maker Zenvo is rolling out two Aurora validation prototypes to this year’s Goodwood Festival of Speed. The lineup includes the…
Volkswagen faces defining test as CEO pushes for radical cost cuts
Volkswagen CEO Oliver Blume is pushing for a sweeping restructuring plan that could eliminate up to 100,000 jobs and shutter four German…
Rubber futures edge up on fresh buying amid tight physical demand
Natural rubber futures posted modest gains across major Asian exchanges last week, as fresh buying interest and short covering lifted prices following…
EU Confirms Anti-Dumping Duties of Up to 45.3% on Chinese PCR Tire Imports
The European Commission has imposed definitive anti-dumping duties ranging from 4.3% to 45.3% on passenger car and light truck tire imports from…
Rivian to sell 75 million shares, raising $1.5B to fund DOE loan contributions
Electric-vehicle maker Rivian Automotive announced plans to sell 75 million shares in a secondary offering, aiming to raise approximately $1.5 billion at…
Walmart slashes prices amid Trump’s credit-taking claims
Walmart has initiated summer price cuts across multiple products, including ground beef, corn, red cherries, ice cream, potato chips, Coca-Cola, and Pepsi,…
Tesla Model Y L lands in the U.S. with a third row and a $63,630 price tag
Tesla has filled a long-standing gap in its U.S. lineup with the arrival of the Model Y L, a three-row, long-wheelbase variant…
SMBs optimistic for rest of 2026, boosting trucking margins
Small and medium-sized businesses (SMBs) are outperforming expectations in 2026, according to a DHL Express U.S. survey, signaling strong support for trucking…
Tesla’s European Q2 Sales Surge While U.S. Demand Plunges
Tesla’s second-quarter deliveries rose 25% year-over-year globally, driven by a 40% spike in Europe where soaring gasoline prices turbocharged EV demand. The…