The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. Auto services are dominated by six giants. Private equity firms control most of the major chains while maintaining local branding for customer confidence. Mavis expanded with the acquisition of Pep Boys. The
July 21, 2026 12:44 pm, EDT A crane moves an aluminum coil onto the floor of an aluminum manufacturing facility. (Luke Sherratt/Bloomberg) key takeaways: The Trump administration program would reduce aluminum import tariffs from 50% to about 25% for approved companies investing in U.S. plants. The move addresses a shortage of U.S. aluminum as demand
July 16, 2026 2:22 pm, EDT Tanker trucks wait at Petroleos Mexicanos’ storage and dispatch terminal. (Felix Marquez/Associated Press) key takeaways: FinCEN issued an alert on June 30 detailing cartel-linked schemes that use U.S. freight and logistics companies to smuggle fuel into Mexico. These schemes divert billions of dollars annually from Mexican tax revenues through
The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. You’ve probably heard that supercar companies sell SUVs to survive. Porsche inadvertently started this trend with the Cayenne, Lamborghini later followed it with the Urus, and even Ferrari got on the bandwagon
A worker assembles industrial fans at a manufacturing facility in Lexington, Ky. (Ty Wright/Bloomberg) July 1, 2026 9:50 am, EDT key takeaways: US private sector payrolls increased by 98,000 in June after an increase of 122,000 in the previous month. Education and health services accounted for almost half of the hiring gains. According to ADP,
Tanker trucks wait at Petroleos Mexicanos’ storage and dispatch terminal. (Felix Marquez/Associated Press) June 30, 2026 4:47 pm, EDT key takeaways: The US Treasury imposed sanctions on two Mexican nationals and nine Mexico-based companies on June 30 over alleged fuel-smuggling ties to the CJNG cartel. Illegal fuel smuggling costs Mexico more than $11 billion annually
In Tokyo, Otonal has launched a podcast and audio ad localization service to help global brands adapt their English-language content to the Japanese market. The company says literal translations don’t work well in Japan, because of the complex levels of politeness and grammatical structures that mean calls-to-action occur at the end of a
The automobile is celebrating its 140th birthday this year. The first patented “horseless carriage”, built in 1886, started the automobile revolution that eventually saw almost the entire world unite. However, John T. Ward and his son, William, were too busy to sit around and wait for Benz and Daimler’s
Blystock/Getty Images Not so long ago, during a semiconductor shortage, greedy dealerships put markups on almost every type of vehicle. Not surprisingly, car buyers weren’t happy, and things eventually got to the point where a survey found that 76% of Americans believed dealerships were dishonest about car prices. If you belong to that