July 29, 2026 5:00 pm, EDT An employee unloads a vehicle from a flatbed truck at a Carvana vending machine location in Uniondale, NY (Angus Mordant/Bloomberg). key takeaways: Carvana reported record second-quarter adjusted EBITDA of $769 million on July 29, but shares fell 15% after hours as growth slowed and profits fell short of expectations.
Acast releases its Q2/26 financial report. The company recorded +28% sales growth – notably, +34% in North America and +25% in Europe (growth in Europe was only +9% this time last year). The company made a profit of US$3.3 million. Total consumption grew +2%; Total average revenue per listen or view increased +26%.
July 22, 2026 3:15 pm, EDT The production line of a C-Class sedan in the new expansion of the Mercedes-Benz plant in Kécskemét, Hungary on July 13. (Akos Stiller/Bloomberg) key takeaways: The Senate Commerce Committee on July 22 unanimously advanced the Connected Vehicle Security Act, sending a proposal to ban certain Chinese-owned connected vehicle manufacturers
July 17, 2026 at 3:00 pm, EDT | Update: July 20, 2026 1:40 pm, EDT International Motors sales rose 18.4% to 2,498 units in June from 2,110 in June, the best year-on-year growth among the seven major truck makers. (International Motors) key takeaways: U.S. Class 8 retail sales rose 0.3% year over year in June
July 20, 2026 11:07 am, EDT Matt VanDyke (left) will lead Ram, while Brandon Cote will lead Jeep. (stellantis) key takeaways: Stellantis appointed Brandon Cote to lead Jeep and Matt VanDyke to lead Ram as CEO Antonio Filosa reshapes its US operations. The changes support efforts to revive US sales, with Ram making a comeback
AC Milan are intensifying their search for big transfer funds as the future of Portuguese star Rafael Leao takes center stage, with Aston Villa emerging as a potential surprise destination following their recent squad shake-up. Reports from Italy suggest Milan are actively waiting for concrete offers for Leao, who has publicly announced his intention to
July 16, 2026 9:12 am, EDT Target, as well as Walmart and Macy’s, are set to report their second-quarter earnings next month. (Nam Y Huh/AP) key takeaways: U.S. retail sales rose 0.2% in June after a revised 1% gain in May as shoppers cut back spending amid economic uncertainty. Online sales rose 1.9% on Amazon
KTM’s Q2 rebound gives clearest sign yet of real recovery After nearly two years of declining revenues, excess inventory, production halts, lender talks and restructuring, the latest preliminary figures from KTM’s parent company, Bajaj Mobility AG, provide the clearest evidence yet that the group’s recovery is starting to happen at an operational level. Bajaj Mobility
Porsche sold 30,534 911s in the first half of the year, an increase of 19 percent. The Taycan fell 25 percent to just 6,219 units. The Cayenne remained the top seller till June with 38,141 vehicles. Total sales declined by 16 percent to 122,306 units. Although math was never my thing in school, I enjoyed
support us! GearJunkie may earn a small commission from affiliate links in this article. learn more Howler Brothers: Up to 60% off select items (Photo/Howler Brothers) If your summer wardrobe needs a refresh, head here Howler Brothers To stock up during end-of-season sales. Save up to 60% on board shorts, button-down, tease, pantsand more. Shop