Hormuz shipping nearly halted after U.S., Iran strikes
Global shipping through the Strait of Hormuz ground to a near halt on July 9, 2026, after the U.S. launched a second consecutive day of strikes on Iran, shattering a fragile truce and forcing vessels to abandon the critical energy…
Porsche’s 2026 H1 Sales Plunge 16% as 911 Shines and EVs Struggle
Porsche’s global deliveries crashed 16% in the first half of 2026, with just 122,306 cars finding new homes compared to 146,391 in the same period last year. The German brand’s fortunes took a nosedive across most regions and models, but…
PepsiCo snack rebound stalls in Q2 2026 as gas prices crimp consumer spending
PepsiCo’s North American snack business stumbled in the second quarter of 2026, with revenue in the region falling 2% despite aggressive price cuts of up to 15% on some brands. The company blamed surging gas prices for the slowdown, noting…
VW labor leaders vow to resist deeper job cuts and plant closures pushed by CEO
Volkswagen’s labor leaders, spearheaded by Works Council Chair Daniela Cavallo, are pushing back against proposed deep cost cuts that include doubling planned job reductions to 100,000 and shuttering four German plants. The dispute erupted during a pivotal supervisory board meeting…
NHTSA Considers Ending Steering Wheel Mandate for Robotaxis
The National Highway Traffic Safety Administration (NHTSA) is considering eliminating the requirement for steering wheels in vehicles designed to operate without human drivers. This potential rule change could benefit companies like Tesla, which is developing purpose-built autonomous vehicles, including the…
China’s Denza Z Supercar Puts Out 1,582 HP, Hits 62 mph in 1.96 Seconds
China’s BYD has just unveiled the Denza Z, an electric supercar that smashes into the segment with up to 1,971 horsepower, a tri-motor all-wheel-drive powertrain, and acceleration that obliterates the 0–62 mph barrier in as little as 1.7 seconds. The…
At $16,000, Would This 2004 Volvo V70R Be A Ball To Own?
The 2004 Volvo V70R is a rare model with a six-speed manual transmission, shifted via a unique 'space ball' stick. This 'enthusiast-owned' car has been well-maintained and features a number of updates, including a high-pressure turbocharged five-cylinder engine and Haldex-imbued…
Here’s Everything We Know About the Beijing Crash China Doesn’t Want You to Know About
On June 26, a two-seater Sunward Aurora SA60L light aircraft piloted by a 66-year-old man identified only as Liu crashed into Citic Tower in Beijing, China. The pilot was killed, and 13 others were injured. The crash occurred at 5:55…
Japan’s Latest Corvette Lookalike Is Just a Mazda MX-5 in a Styling Suit
Mitsuoka is set to unveil a new two-seat roadster in November, and the latest teaser confirms it’s a retro-styled homage to the 1950s Chevrolet Corvette—specifically the post-1958 C1 model with its iconic quad headlights. The Japanese coachbuilder has a history…
Shaky U.S.-Iran Ceasefire Renews Anxiety Over Fuel Prices
The fragile truce between the U.S. and Iran has renewed anxiety over fuel prices, with oil prices rising to their highest point in weeks after President Donald Trump declared the U.S. ceasefire with Iran over. The conflict has led to…