Oil prices slip after 4% surge the previous day
Global oil prices retreated on August 7, 2026, following a nearly 4% jump the day before. Brent crude, the international benchmark, fell 0.3% to $82.26 per barrel in early trading, while U.S. benchmark crude slipped 0.1% to $77.19 per barrel.…
This 700-HP Mid-Engine V8 Says It Can Outsprint A ZR1
Peregryn Automotive has acquired the design and tooling for the British-built Ultima models and is moving assembly to the United States, with the reborn cars badged as Peregryn GT-S and GT-R. The GT-R targets roughly 700 horsepower from GM LS-…
Caught on Camera: Dealer Admits Using Customer’s Kia Parts on Another Car
A viral video has exposed Kia of Lake Charles in Louisiana after a service manager admitted on camera that fuel injectors were taken from a customer’s SUV to repair another vehicle. Shirley Poullard brought her Kia SUV to the dealership…
Automakers Are Quietly Halting Weekly OTA Updates
The automotive industry is shifting away from frequent, smartphone-style over-the-air (OTA) updates, instead favoring fewer, higher-impact releases that significantly change how a vehicle behaves. With hundreds of millions of connected vehicles on the road by the end of 2025, automakers…
2027 Triumph Moto2 Engine: More Power, New Capacity
Triumph Motorcycles has rolled out a heavily revised race engine for the Moto2 World Championship, set to debut in 2027. This marks the most sweeping technical update to the British brand’s control engine package since it replaced Honda as the…
DTNA to open new U.S. truck manufacturing plant in 2029
Daimler Truck North America (DTNA) announced on August 6, 2026, plans to open a new U.S. truck manufacturing plant in 2029, with construction starting by the end of 2026. The facility will be the company’s largest truck plant in the…
Drayage Capacity Tightens as Import Volume Rises in June
The US containerized imports increased by 8.2% in June compared to the prior year, with a total of 2,400,627 20-foot-equivalent units, according to Descartes. This rise in import volume has led to a tightening of drayage capacity, with major ports…
The Chinese Brand That Didn’t Exist In Britain A Year Ago Just Outsold Honda And Mazda Combined
Less than a year after Chery officially entered the UK market, the Chinese automaker has already seized a 2% market share, outselling Honda and Mazda combined in July. According to data from the Society of Motor Manufacturers and Traders (SMMT),…
Trump Calls EV Range Anxiety a “Disease” in Las Vegas Rant
During a speech at the Red Rock Resort in Las Vegas on Wednesday, former President Donald Trump labeled electric-vehicle range anxiety as "a disease," claiming it was a condition afflicting EV drivers who worry about charging availability even when their…
Saudi crude oil shipments to U.S. drop to zero for first time since 1985
U.S. imports of Saudi crude oil fell to zero in July, the first full month without Saudi oil deliveries since 1985, according to preliminary government data. The decline followed disruptions to Persian Gulf oil flows tied to the U.S.-Iran conflict,…