Mercedes-Benz has accelerated its model offensive, posting a second-quarter revenue of €32.1 billion (down from €33.2 billion in Q2 2025) and group EBIT of €1.5 billion (up from €1.3 billion). The company maintained its full-year adjusted EBIT guidance while raising…
Michelin has posted flat first-half earnings for 2026, with group sales declining 2.6% year-on-year to €12.69 billion in the six months ended 30 June. Segment operating income totalled €1.446 billion, or 11.4% of sales, compared with €1.452 billion, or 11.1%…
US chemicals giant Dow Inc. has posted a double-digit sales increase in its Performance Materials & Coatings segment for Q2 2026, driven by soaring demand for downstream silicones. The segment’s revenue climbed 11% year-on-year to $2.36 billion (€2 billion), supported…
China’s Longxing Technology Group has launched volume shipments of sustainable carbon black derived from waste-tire pyrolysis oil to a major European tire manufacturer, the company confirmed on 23 July 2026. The initial order exceeds 10 kilotonnes, marking Longxing’s first bulk…
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…
Car buying in the U.S. follows a script so consistent it feels like every dealership owner attended the same seminar. Behind the regional upgrades to waiting lounges and digital retailing tools, the core playbook hasn’t changed: sell the car, then…
Traton Group executives have confirmed plans for a sweeping cab update for International Motors’ heavy-duty on-highway trucks, marking the second phase of a North American market share push following the rollout of the S13 powertrain. Speaking during Traton’s second-quarter 2026…
The European Union’s new-car market grew 5.7% year-on-year in the first half of 2026, reaching just under 5.9 million registrations, according to the European Automobile Manufacturers’ Association (ACEA). The June performance was particularly strong, with demand surging 13.6% to over…
Amnon Shashua, co-founder and CEO of Mobileye Global Inc., announced on July 23, 2026, that he will step down from his CEO role once a successor is appointed. Shashua, who co-founded Mobileye in 1999, led the company through a landmark…
Aurora Innovation has officially unveiled its second-generation autonomous trucks, marking a major step forward in commercial driverless operations. The company revealed the new trucks on July 22, confirming plans to deploy a 200-strong fleet of fully driverless International LT Series…