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The national average price of gasoline in the United States crossed $4 per gallon on March 31, 2026, according to AAA data reported by CNBC, up 35% from $2.98 the day before the Iran war began on February 28. Diesel climbed to $5.45 per gallon, a 45% rise. Across the Atlantic, British drivers hit even…
A Reuters report published today describes the widening gap between what American EV shoppers want and what U.S. trade policy allows them to buy. With the average new car now costing $49,191 according to Kelley Blue Book — and hitting a record $50,326 in December — a growing share of buyers is eyeing Chinese models…
The Guardian’s Saturday analysis frames what’s happening in Western auto boardrooms with unusual bluntness: pulling back from electric vehicles while oil prices spike over the Iran war is, as one former industry chief puts it, a “profound strategic mistake.” The historical parallel is Detroit in the 1980s, when Japanese competitors ate the American industry’s lunch…
China’s January-February sales window is always distorted by Lunar New Year. Factories go quiet, showrooms empty, and delivery figures swing 30 to 50 percent on calendar timing alone. Strip out the noise and the picture for Tesla is actually decent: 127,728 China-made EVs sold in the first two months of 2026, up more than 35%…
tay updated on the wave of 2026 EV cancellations and delays. From Ford's F-150 Lightning exit to GM's Ultium collapse, we track the $53B retreat from all-electric commitments.
The numbers from Munich tell a clear story. BMW reported full-year 2025 EBIT of €10.2 billion — its lowest since the Covid pandemic — as China sales fell more than 12% and trade tariffs shaved 1.5 percentage points off its automotive margin. For a group that promised an 8–10% margin corridor, landing at 5.3% is…
Porsche CEO Michael Leiters reveals a 98% profit drop in 2025 annual results. Explore how €4.7 billion in EV writedowns, U.S. tariffs, and a China sales slump are forcing a high-margin pivot back to combustion and hybrid flexibility.
Porsche sold just 16,339 Taycans globally in 2025. That’s down from a peak of 41,296 in 2021 — a 60 percent collapse in four years. Those are the numbers sitting on incoming CEO Michael Leiters’ desk as he reportedly weighs whether to fold the Taycan and Panamera into a single unified model line. Leiters Arrives…
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