Porsche profits crash after costly EV strategy U-turn
The automaker’s operating profits plunged nearly 93% after scrapping an all-electric vehicle program German luxury carmaker Porsche AG has reported a sharp drop in operating...
Porsche Considering New Halo Models Above the 911 and Cayenne
Porsche has never been a brand that thinks small, especially when the pressure is on. After a bruising financial year that saw operating profit fall...
US borrowed $1 trillion in five months
Over $430 billion has been spent to service the debt, which is approaching $39 trillion, the Congressional Budget Office states The US government has borrowed...
Green hydrogen plant to be built in Milford Haven with government backing
A new green hydrogen production facility is set to be built in Milford Haven, Wales, marking a significant development for the UK’s emerging low-carbon hydrogen...
Mexico February 2026: Nissan Kicks and Ram 1200 hit record rankings
The Nissan Kicks hits a record 5th place in Mexico in February. The Mexican new light vehicle market is stable in February at -0.2% year-on-year...
Three Ships Hit by Projectiles in Strait of Hormuz as Iran Attacks Escalate
By Tom Ozimek Three commercial vessels were struck by projectiles in and around the Strait of Hormuz overnight as Iran ramped up regional attacks, UK...