The European Automobile Manufacturers’ Association (ACEA) has released a position paper on the EU’s Industrial Accelerator Act (IAA), endorsing measures to bolster EU manufacturing and reduce reliance on external regions for clean technologies. As negotiations intensify, ACEA argues the legislation…
The rubber and tire industry has seen significant developments over the last seven days, with key players reporting solid growth performance. Share prices of selected tire manufacturers have shown varying trends, with Bridgestone Corp. increasing by 4.3%, Goodyear by 2.7%,…
Port trucking companies operating at major U.S. seaports remain under severe financial strain despite a rebound in May import volumes, according to industry leaders. The Harbor Trucking Association’s CEO, Robert Loya, described the current climate as a “freight recession,” noting…
Genuine Parts Co. has attracted a cash bid from O’Reilly Automotive for its auto parts arm, valued at $10 billion or more, as it seeks to refocus on its industrials business. The unit, which includes the Napa aftermarket auto parts…
Natural gas is poised to surpass petroleum as the top U.S. energy source by 2030, with the gap between the two narrowing significantly in the past decade. In 2025, natural gas accounted for 36% of U.S. energy consumption, just shy…
The American Trucking Associations (ATA) has thrown its full support behind Keith Sonderling’s nomination as U.S. Secretary of Labor, urging the Senate to confirm him swiftly. ATA President Chris Spear highlighted Sonderling’s experience, policy expertise, and leadership as critical assets…
A Tesla Model S driver in Ridgefield, Washington, was caught on dashcam illegally using the emergency shoulder to pass a semi-truck on SR-502/NE 219th Street on June 16, 2026. The incident occurred in the 1500 block of NE 219th Street,…
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…