(Luke Sherratt/Bloomberg) July 13, 2026 10:18 am, EDT key takeaways: The UAE told OPEC it increased crude oil output by about 3.8 million barrels per day in June, an 80% increase since leaving the group. The increase reflects Abu Dhabi’s exit from OPEC limits and the ability to resume exports despite the disruption of the
After 12 years, the original Porsche Macan is no more. The gasoline-fueled Macan is expected to be followed by an EV version in the first half of 2026. A new combustion-engine crossover is coming later this decade, but under a different name. Take a look out for the first-generation Macan as Porsche is just weeks
If you’re unfamiliar with Chinese motorcycle manufacturer, ZXMoto, you won’t be for long. The company was founded in April by Zhang Xue, who also founded Cove, and we’ve seen how successful that brand has been on- and off-road. But ZXMoto aims to address a different market than Cove; It’s taking the supersport world by storm.
A worker stands under the wing of an aircraft while refueling at Dublin Airport. (Chris Ratcliffe/Bloomberg) July 7, 2026 1:51 pm, EDT key takeaways: BP increased jet fuel production at European refineries by about 30% during the Iran conflict, helping prevent shortages caused by halting shipments through the Strait of Hormuz. The war disrupted Middle
(Images: Toyota) Toyota is expanding its US production, doubling the size of its Texas plant by 2030. Nearly five years after moving all of its mid-size truck production to Guanajuato, Mexico, Toyota announced this week that it will bring the majority of that production back to the United States as part of a $3.6 billion
Koenigsegg The 1,600-horsepower Koenigsegg Jesko Absolute recently received an over-the-air update that unlocks record-breaking speeds. This feat comes two years after Absolute broke the 0-250-0-mph record with a time of 28.27 seconds. The hypercar – or, as Koenigsegg prefers to call it, the megacar – can now
There is a factory in Chennai, India, which produces about one million motorcycles per year. The bikes from that line trace their DNA back 124 years to a small engineering factory in Redditch, England, where two businessmen had recently purchased a needle manufacturer and had no particular plans to remain in the needle business. That
Driven by IndyCar and Pikes Peak veteran JR Hildebrand, the new Chevrolet Corvette ZR1X has blown the production car record at Pikes Peak out of the water. A few minutes after Hildebrand’s run to the top, the record had been broken “with confidence,” Chevrolet told me at the base of the mountain. The climb is
Porsche is retiring the Taycan Sport Turismo and Cross Turismo from the United States. Both wagons will continue to be launched in other markets. A company spokesperson confirmed that both will be based out of the US. The demise of the long-roof Taycan model has been greatly exaggerated. While Porsche is indeed phasing out the
