2 days ago
Buying a new car is getting harder just as Ford Motor's stock is having one of its best days of the year.
Ford (F) shares jumped 12.4% Thursday after the automaker delivered better-than-expected adjusted earnings and raised the bottom end of its annual profit outlook.
For shareholders, that was welcome news.
For someone walking into a dealership, Ford's results revealed a less comfortable trend.
From a previous forecast of around $2 billion, Ford now anticipates increased commodity expenses of nearly $2.5 billion this year. The cost of steel, copper, computer chips, gasoline, and transportation is all rising.
#ford
Ford (F) shares jumped 12.4% Thursday after the automaker delivered better-than-expected adjusted earnings and raised the bottom end of its annual profit outlook.
For shareholders, that was welcome news.
For someone walking into a dealership, Ford's results revealed a less comfortable trend.
From a previous forecast of around $2 billion, Ford now anticipates increased commodity expenses of nearly $2.5 billion this year. The cost of steel, copper, computer chips, gasoline, and transportation is all rising.
#ford
3 days ago
Portugal and Morocco will host the 2027 Dakar Rally the organisers announced on Friday after it was moved from Saudi Arabia following repeated attacks on the kingdom by Yemen's Houthis.
The drivers, motorcyclists and truck drivers will tackle the prologue and first special stage in Portugal followed by 11 stages of the gruelling rally -- covering almost 8,000 kilometres with 4,341km of specials -- in Morocco.
It is the first time since 2007 that the gruelling multi-stage rally, created in 1978, returns to Africa.
"Although it has been moved, the 49th edition of the Dakar will still meet the sporting standards which has always made the event the most demanding of endurance rallies," said race director David Castera.
"Despite the short amount of time we have had we have put together a real Dakar.
#first #stage #gruelling #time
The drivers, motorcyclists and truck drivers will tackle the prologue and first special stage in Portugal followed by 11 stages of the gruelling rally -- covering almost 8,000 kilometres with 4,341km of specials -- in Morocco.
It is the first time since 2007 that the gruelling multi-stage rally, created in 1978, returns to Africa.
"Although it has been moved, the 49th edition of the Dakar will still meet the sporting standards which has always made the event the most demanding of endurance rallies," said race director David Castera.
"Despite the short amount of time we have had we have put together a real Dakar.
#first #stage #gruelling #time
3 days ago
Photos by Yamaha and Rob Gray (Polarity Photo).
Yamaha has locked in its Moto2 line-up for 2027, signing Moto3 standout Álvaro Carpe to join the returning Alberto Ferrández on the BLU CRU Pramac Yamaha Moto2 Team. Both riders are 19 and represent Yamaha's ongoing push to funnel young talent up through the categories via its BLU CRU project.
Ferrandez is currently in his first full Moto2 season, partnering with Izan Guevara with the Pramac Yamaha team. Facing a new category and several circuits he'd never seen before, his rookie year presented a steep learning curve, with Ferrández currently sitting 21st overall. For his second season, Yamaha expects him to take a big step forward, with Team Director Gino Borsoi setting a clear benchmark for Ferrandez to "establish himself consistently inside the top ten from the beginning of the championship."
Carpe arrives from Moto3, where he spent the past two seasons with the Red Bull KTM Ajo team. Carpe finished fourth overall as a rookie in 2025, and finds himself in the same position this season. The team is tempering expectations for his first year in the intermediate category, with Borsoi hoping to see him "start translating his potential into encouraging results from the middle of the season onwards."
Carpe will be taking over the seat currently occupied by Izan Guevara, who currently sits second in the Moto2 standings, trailing Manuel González by just 5.5 points, with five rounds remaining. Guevara is set to move up to Pramac Yamaha's MotoGP team in 2027. Guevara sets an example for Carpe's and Ferrández's path, progressing each year from a 22nd place finish in 2023 to fighting for the **** le this season.
#moto2 #ferr #currently
Yamaha has locked in its Moto2 line-up for 2027, signing Moto3 standout Álvaro Carpe to join the returning Alberto Ferrández on the BLU CRU Pramac Yamaha Moto2 Team. Both riders are 19 and represent Yamaha's ongoing push to funnel young talent up through the categories via its BLU CRU project.
Ferrandez is currently in his first full Moto2 season, partnering with Izan Guevara with the Pramac Yamaha team. Facing a new category and several circuits he'd never seen before, his rookie year presented a steep learning curve, with Ferrández currently sitting 21st overall. For his second season, Yamaha expects him to take a big step forward, with Team Director Gino Borsoi setting a clear benchmark for Ferrandez to "establish himself consistently inside the top ten from the beginning of the championship."
Carpe arrives from Moto3, where he spent the past two seasons with the Red Bull KTM Ajo team. Carpe finished fourth overall as a rookie in 2025, and finds himself in the same position this season. The team is tempering expectations for his first year in the intermediate category, with Borsoi hoping to see him "start translating his potential into encouraging results from the middle of the season onwards."
Carpe will be taking over the seat currently occupied by Izan Guevara, who currently sits second in the Moto2 standings, trailing Manuel González by just 5.5 points, with five rounds remaining. Guevara is set to move up to Pramac Yamaha's MotoGP team in 2027. Guevara sets an example for Carpe's and Ferrández's path, progressing each year from a 22nd place finish in 2023 to fighting for the **** le this season.
#moto2 #ferr #currently
3 days ago
Landen Lewis produced one of the strongest recovery performances in Friday's Love's RV Stop 225 at Talladega Superspeedway, finishing sixth after starting 30th. The Niece Motorsports driver overcame a difficult qualifying effort and advanced 24 positions during the chaotic 86-lap event.
Lewis initially faced the challenge of working through a competitive field while navigating the changing drafting lanes. However, his No. 45 Chevrolet demonstrated impressive speed during the middle stages, allowing him to move toward the front. Lewis finished sixth in Stage 2, earning five additional points while establishing himself among the contenders.
He continued running competitively during the final stage, briefly leading the outside drafting lane as Tanner Gray challenged from the inside. The race's changing circumstances provided opportunities to gain positions, and Lewis avoided the accidents that eliminated several other drivers.
When the event entered overtime, Lewis remained among the leading competitors and positioned himself to capitalize on the final-lap battle. He ultimately finished sixth, just 0.272 seconds behind winner Sammy Smith. The result earned Lewis 36 points and marked another impressive performance during his part-time Truck Series campaign.
His ability to advance from 30th to sixth demonstrated the strength of his Chevrolet and his ability to compete in superspeedway racing.
#lewis #changing #drafting
Lewis initially faced the challenge of working through a competitive field while navigating the changing drafting lanes. However, his No. 45 Chevrolet demonstrated impressive speed during the middle stages, allowing him to move toward the front. Lewis finished sixth in Stage 2, earning five additional points while establishing himself among the contenders.
He continued running competitively during the final stage, briefly leading the outside drafting lane as Tanner Gray challenged from the inside. The race's changing circumstances provided opportunities to gain positions, and Lewis avoided the accidents that eliminated several other drivers.
When the event entered overtime, Lewis remained among the leading competitors and positioned himself to capitalize on the final-lap battle. He ultimately finished sixth, just 0.272 seconds behind winner Sammy Smith. The result earned Lewis 36 points and marked another impressive performance during his part-time Truck Series campaign.
His ability to advance from 30th to sixth demonstrated the strength of his Chevrolet and his ability to compete in superspeedway racing.
#lewis #changing #drafting
4 days ago
Ducati's Marc Marquez takes a 10-point lead into this weekend's Malaysian Grand Prix following his impressive victory in the sprint race at Phillip Island last time out.
His nearest rival is Aprilia rider Jorge Martin, who is attempting to race with a broken arm following his high-speed crash in Australia.
The ****** le protagonists have enjoyed relatively limited success at Sepang. Marquez last won the race back in 2018, while Aprilia has never scored a premier class podium at this venue.
Ducati has won the last four MotoGP races at Sepang, with Alex Marquez triumphing for Gresini in 2025. Francesco Bagnaia has won twice at the venue, while Enea Bastianini was victorious in 2023.
Your time
#marquez #marc #malaysian
His nearest rival is Aprilia rider Jorge Martin, who is attempting to race with a broken arm following his high-speed crash in Australia.
The ****** le protagonists have enjoyed relatively limited success at Sepang. Marquez last won the race back in 2018, while Aprilia has never scored a premier class podium at this venue.
Ducati has won the last four MotoGP races at Sepang, with Alex Marquez triumphing for Gresini in 2025. Francesco Bagnaia has won twice at the venue, while Enea Bastianini was victorious in 2023.
Your time
#marquez #marc #malaysian
4 days ago
Sammy Smith delivered a memorable performance in Friday's Love's RV Stop 225 at Talladega Superspeedway, securing his first career NASCAR Craftsman Truck Series victory in dramatic fashion. The Spire Motorsports driver started second, led a race-high 21 laps and emerged victorious following a chaotic overtime finish.
Smith established himself as a contender immediately, taking the lead for the first time on Lap 2. He remained competitive throughout the afternoon while battling several championship contenders and navigating multiple accidents.
The decisive moment came during overtime when Smith restarted on the inside of the front row alongside Layne Riggs. He received a strong push from Ty Majeski and remained near the front as the leaders battled for position. Smith ultimately gained the necessary momentum coming through the tri-oval and surged ahead of a four-wide battle for second place.
His No. 7 Chevrolet crossed the finish line just 0.091 seconds ahead of Tyler Ankrum, with teammate Austin Green finishing third. The victory came just hours after Smith announced plans to compete full time in the Truck Series in 2027.
It marked his first victory in 11 career Truck Series starts and provided an impressive preview of his upcoming full-time campaign.
#victory #time #second
Smith established himself as a contender immediately, taking the lead for the first time on Lap 2. He remained competitive throughout the afternoon while battling several championship contenders and navigating multiple accidents.
The decisive moment came during overtime when Smith restarted on the inside of the front row alongside Layne Riggs. He received a strong push from Ty Majeski and remained near the front as the leaders battled for position. Smith ultimately gained the necessary momentum coming through the tri-oval and surged ahead of a four-wide battle for second place.
His No. 7 Chevrolet crossed the finish line just 0.091 seconds ahead of Tyler Ankrum, with teammate Austin Green finishing third. The victory came just hours after Smith announced plans to compete full time in the Truck Series in 2027.
It marked his first victory in 11 career Truck Series starts and provided an impressive preview of his upcoming full-time campaign.
#victory #time #second
4 days ago
Layne Riggs remained firmly in NASCAR Craftsman Truck Series championship contention Friday, finishing eighth in the Love's RV Stop 225 at Talladega Superspeedway. The Front Row Motorsports driver started ninth, led six laps and competed near the front throughout much of the afternoon. Riggs demonstrated impressive speed early, finishing fifth in Stage 1 before improving to second in Stage 2.
His No. 34 Ford continued running among the leaders during the final stage, allowing him to challenge Kaden Honeycutt and several other championship contenders. Riggs appeared positioned for a potential victory when he restarted on the outside of the front row alongside Sammy Smith in overtime.
He received a push from Honeycutt, but the outside lane struggled to maintain momentum against the inside line. As Ty Majeski moved ahead of Riggs, Honeycutt eventually found an opportunity to pass his championship rival. Riggs slipped backward during the final-lap battle and finished eighth, earning 44 points through his finishing position and stage performances.
He remains second in the NASCAR Craftsman Truck Series Chase standings with 2,328 points. However, Riggs now trails Honeycutt by 43 points with only Martinsville and Homestead-Miami remaining. Riggs will need to outscore his rival significantly to keep his championship hopes alive.
This article originally appeared on Motorsports Wire: Layne Riggs needs major run at Martinsville for 2026 Chase standings
#championship #points #nascar #craftsman
His No. 34 Ford continued running among the leaders during the final stage, allowing him to challenge Kaden Honeycutt and several other championship contenders. Riggs appeared positioned for a potential victory when he restarted on the outside of the front row alongside Sammy Smith in overtime.
He received a push from Honeycutt, but the outside lane struggled to maintain momentum against the inside line. As Ty Majeski moved ahead of Riggs, Honeycutt eventually found an opportunity to pass his championship rival. Riggs slipped backward during the final-lap battle and finished eighth, earning 44 points through his finishing position and stage performances.
He remains second in the NASCAR Craftsman Truck Series Chase standings with 2,328 points. However, Riggs now trails Honeycutt by 43 points with only Martinsville and Homestead-Miami remaining. Riggs will need to outscore his rival significantly to keep his championship hopes alive.
This article originally appeared on Motorsports Wire: Layne Riggs needs major run at Martinsville for 2026 Chase standings
#championship #points #nascar #craftsman
4 days ago
Viking Motorsports is keeping two familiar names in the building for 2027!
Anthony Alfredo and Parker Retzlaff are set to return to the organization for the upcoming NASCAR O'Reilly Auto Parts Series season, giving the team some continuity as it prepares for another year of competition.
With the 2027 season getting closer, teams are beginning to put their plans together, and Viking Motorsports has made it clear that Alfredo and Retzlaff remain part of its future.
Both drivers will return as the organization continues building its lineup, giving the team an opportunity to carry its existing experience into another season. Keeping familiar faces around can be an important step for a team looking to build consistency and improve its performance from year to year.
For Alfredo and Retzlaff, the return also provides another opportunity to make their mark in one of NASCAR's most competitive national series. With the new season on the horizon, both drivers will be looking to make the most of their opportunities and help Viking Motorsports continue moving forward.
#team #series
Anthony Alfredo and Parker Retzlaff are set to return to the organization for the upcoming NASCAR O'Reilly Auto Parts Series season, giving the team some continuity as it prepares for another year of competition.
With the 2027 season getting closer, teams are beginning to put their plans together, and Viking Motorsports has made it clear that Alfredo and Retzlaff remain part of its future.
Both drivers will return as the organization continues building its lineup, giving the team an opportunity to carry its existing experience into another season. Keeping familiar faces around can be an important step for a team looking to build consistency and improve its performance from year to year.
For Alfredo and Retzlaff, the return also provides another opportunity to make their mark in one of NASCAR's most competitive national series. With the new season on the horizon, both drivers will be looking to make the most of their opportunities and help Viking Motorsports continue moving forward.
#team #series
7 days ago
Prince William has said giving Sir Kevin Sinfield his knighthood, is "probably one of the easiest decisions anyone's ever had to make".
The future King has appeared in an exclusive interview with BBC Breakfast to share his personal admiration for Sir Kevin, who recently completed seven ultra marathons in seven days.
Sir Kevin took part in the extreme endurance challenge to raise money for Motor Neurone Disease (MND) charities following the death of his best friend and former rugby team-mate, Rob Burrow from the condition in 2024.
"I think frankly he should have been Sir Kevin years ago," said Prince William.
"What Kevin does, is he can bind and glue communities together by being that leader. The more Kevs we have in this country the better."
#william
The future King has appeared in an exclusive interview with BBC Breakfast to share his personal admiration for Sir Kevin, who recently completed seven ultra marathons in seven days.
Sir Kevin took part in the extreme endurance challenge to raise money for Motor Neurone Disease (MND) charities following the death of his best friend and former rugby team-mate, Rob Burrow from the condition in 2024.
"I think frankly he should have been Sir Kevin years ago," said Prince William.
"What Kevin does, is he can bind and glue communities together by being that leader. The more Kevs we have in this country the better."
#william
14 days ago
The controversy surrounding Farid Basharat's UFC release continues to grow, with the former bantamweight now hitting back at Dana White's remarks. The 29-year-old was let go despite remaining unbeaten, finishing his UFC run with a perfect 7-0 record and an overall MMA record of 16-0.
One of the biggest talking points since Basharat's release has been his lack of finishes. Six of his seven UFC victories came by decision, but he consistently got the job done against tough competition. His most recent outing was a win over John Garza in July, adding to a resume that includes victories over Jean Matsumoto, Chris Gutierrez, and Taylor Lapilus.
White was asked why Basharat was not offered a new contract during the UFC Edmonton post-fight press conference. The UFC CEO suggested that a fighter's record is not always the only factor behind such decisions, pointing to possible issues with the matchmakers and fighters turning down bouts. He also hinted that there was a specific reason Basharat was not brought back.
Dana White hints there may be MORE to Farid Basharat’s UFC exit
“If you’re 16-0 with seven wins in the UFC and don’t get re-signed, there’s definitely a reason.”
#record #white #release #back
One of the biggest talking points since Basharat's release has been his lack of finishes. Six of his seven UFC victories came by decision, but he consistently got the job done against tough competition. His most recent outing was a win over John Garza in July, adding to a resume that includes victories over Jean Matsumoto, Chris Gutierrez, and Taylor Lapilus.
White was asked why Basharat was not offered a new contract during the UFC Edmonton post-fight press conference. The UFC CEO suggested that a fighter's record is not always the only factor behind such decisions, pointing to possible issues with the matchmakers and fighters turning down bouts. He also hinted that there was a specific reason Basharat was not brought back.
Dana White hints there may be MORE to Farid Basharat’s UFC exit
“If you’re 16-0 with seven wins in the UFC and don’t get re-signed, there’s definitely a reason.”
#record #white #release #back
28 days ago
William Shatner reportedly drew attention during a recent drive through Los Angeles after an eyewitness accused the 95-year-old actor of making several risky moves on the road.
The Star Trek alum drove his Porsche SUV through the San Fernando Valley when another motorist allegedly had to brake suddenly. Shatner continued with his errands afterward and spent time checking on his two Dobermans.
An eyewitness claimed William Shatner drove at high speeds and passed through several stop signs during the outing.
The witness also alleged that Shatner made an illegal turn while attempting to enter the freeway. According to the account, another driver slammed on the brakes before gesturing and shouting toward Shatner's vehicle.
Photos from the outing also showed Shatner holding a cellphone near his ear. However, the images did not establish whether he used the phone while the vehicle was moving.
#drove #vehicle #star
The Star Trek alum drove his Porsche SUV through the San Fernando Valley when another motorist allegedly had to brake suddenly. Shatner continued with his errands afterward and spent time checking on his two Dobermans.
An eyewitness claimed William Shatner drove at high speeds and passed through several stop signs during the outing.
The witness also alleged that Shatner made an illegal turn while attempting to enter the freeway. According to the account, another driver slammed on the brakes before gesturing and shouting toward Shatner's vehicle.
Photos from the outing also showed Shatner holding a cellphone near his ear. However, the images did not establish whether he used the phone while the vehicle was moving.
#drove #vehicle #star
29 days ago
Nate Bargatze had barely four hours of sleep when he took the stage at the Ford Accelerate conference at Michigan Central Station in Detroit.
It was about 9 a.m. on Sept. 30 and the comedian was there to co-host the second-year of the event with Ford Motor Co. CEO Jim Farley. Bargatze is the new face in a Ford ad campaign touting the advantages that Ford vehicle owners get by using Ford's dealership service lanes rather than third-party service centers. Ford Accelerate is a gathering of hundreds of business and community leaders who discuss ways to get more people interested in skilled trades jobs, such as auto service technicians.
"I don't even know what time it is," Bargatze told the Detroit Free Press a couple of hours after he welcomed the crowd. His handler remarked that it wasn't yet noon. "It's not noon?! It could be four, five ... I don't know. We got in late last night because I had a show in Mississippi and then ... it was four hours sleep. But I feel great. It's been fun."
The ride for Bargatze, 47, has indeed been fun — and a lot of hard work.
He rose from humble roots in Old Hickory, Tennessee, a factory town about 15 miles northeast of Nashville known for its DuPont plant. He is the son of a professional magician and Bargatze worked as an appliance mover, a pizza delivery driver, a parking valet at Nashville International Airport and a water-meter reader before a buddy pushed him to try his dream of stand-up comedy.
#service
It was about 9 a.m. on Sept. 30 and the comedian was there to co-host the second-year of the event with Ford Motor Co. CEO Jim Farley. Bargatze is the new face in a Ford ad campaign touting the advantages that Ford vehicle owners get by using Ford's dealership service lanes rather than third-party service centers. Ford Accelerate is a gathering of hundreds of business and community leaders who discuss ways to get more people interested in skilled trades jobs, such as auto service technicians.
"I don't even know what time it is," Bargatze told the Detroit Free Press a couple of hours after he welcomed the crowd. His handler remarked that it wasn't yet noon. "It's not noon?! It could be four, five ... I don't know. We got in late last night because I had a show in Mississippi and then ... it was four hours sleep. But I feel great. It's been fun."
The ride for Bargatze, 47, has indeed been fun — and a lot of hard work.
He rose from humble roots in Old Hickory, Tennessee, a factory town about 15 miles northeast of Nashville known for its DuPont plant. He is the son of a professional magician and Bargatze worked as an appliance mover, a pizza delivery driver, a parking valet at Nashville International Airport and a water-meter reader before a buddy pushed him to try his dream of stand-up comedy.
#service
30 days ago
Some Republicans want MAGA Inc. to take over spending in the final few weeks.
Texas GOP Senate nominee Ken Paxton waves as President Donald Trump speaks at Peterbilt Motors on Oct. 1, 2026, in Denton, Texas. | Alex Brandon/AP Photo
10/03/2026 11:00 PM GMT+9
Republicans know they have to spend big to save Ken Paxton. They’re increasingly worried MAGA Inc. won’t throw down in time.
#republicans #president #Trump
Texas GOP Senate nominee Ken Paxton waves as President Donald Trump speaks at Peterbilt Motors on Oct. 1, 2026, in Denton, Texas. | Alex Brandon/AP Photo
10/03/2026 11:00 PM GMT+9
Republicans know they have to spend big to save Ken Paxton. They’re increasingly worried MAGA Inc. won’t throw down in time.
#republicans #president #Trump
1 month ago
Interested in Motorola Solutions, Inc.? Here are five stocks we like better.
Motorola Solutions expects broad-based growth, projecting 2026 gains of 10%–11% in mission-critical networks, about 11% in video security and about 15% in command-center software, supported by modernization of public-safety and federal infrastructure.
Silvus Technologies is becoming a major defense growth driver, with approximately $850 million in expected 2026 sales at current capacity. Motorola is expanding production, sales and R&D as demand grows for secure communications in contested environments and unmanned-systems operations.
D-Fend Solutions expands Motorola's counter-drone opportunity in public safety, airports, critical infrastructure and venues. The business was selected for a $1.5 billion U.S. Department of Homeland Security grant program and uses cyber-based technology to take control of and safely land threatening drones.
Motorola's $1.5B Bet to Own the Skies
#Growth #safety #infrastructure
Motorola Solutions expects broad-based growth, projecting 2026 gains of 10%–11% in mission-critical networks, about 11% in video security and about 15% in command-center software, supported by modernization of public-safety and federal infrastructure.
Silvus Technologies is becoming a major defense growth driver, with approximately $850 million in expected 2026 sales at current capacity. Motorola is expanding production, sales and R&D as demand grows for secure communications in contested environments and unmanned-systems operations.
D-Fend Solutions expands Motorola's counter-drone opportunity in public safety, airports, critical infrastructure and venues. The business was selected for a $1.5 billion U.S. Department of Homeland Security grant program and uses cyber-based technology to take control of and safely land threatening drones.
Motorola's $1.5B Bet to Own the Skies
#Growth #safety #infrastructure
1 month ago
On September 9, 2026, Reuters reported that U.S. Transportation Secretary Sean Duffy sent a letter to Ford Motor Company (NYSE:F) CEO Jim Farley criticizing the automaker's business relationships with Chinese battery maker CATL and Chinese automakers Geely and BYD as raising "profound concern."
It specifically flagged Ford's licensed CATL battery technology at its Marshall, Michigan plant, its joint venture with Geely in Spain, and its decision not to move Lincoln Nautilus production out of China until 2030. Ford responded that Duffy's letter was "a wrongheaded attempt to capture headlines," noting that it owns the Marshall plant, controls its operations, and employs the workforce there, unlike companies that simply import Chinese-made batteries.
Ford Motor Company (NYSE:F) can argue that its CATL partnership still solidifies U.S. battery manufacturing rather than becoming more dependent on Chinese imports. Ford owns and operates its Marshall, Michigan battery plant. It allows the company to manufacture batteries domestically while licensing CATL technology. That structure could help Ford expand its U.S. EV production capacity and reduce the need to import finished Chinese battery packs.
Ford's improving financial performance gives the firm more flexibility to manage the political pressure. The automaker raised its full-year adjusted EBIT guidance to $10 billion-$11 billion after second-quarter results exceeded expectations, with record Bronco sales and a stronger product mix supporting the improvement. Stronger operating earnings could give Ford more resources to adjust its battery strategy if policymakers impose more restrictions on Chinese technology.
The company's existing U.S. manufacturing footprint could become a competitive advantage if Washington tightens restrictions on Chinese automotive technology. Ford has already invested in domestic battery production instead of relying entirely on imported battery packs. Model e losses have narrowed for three consecutive quarters. If policymakers force automakers to cut Chinese supply-chain reliance, Ford can use its existing U.S. factories to adapt faster than rivals that depend heavily on Chinese parts.
#ford #catl #motor
It specifically flagged Ford's licensed CATL battery technology at its Marshall, Michigan plant, its joint venture with Geely in Spain, and its decision not to move Lincoln Nautilus production out of China until 2030. Ford responded that Duffy's letter was "a wrongheaded attempt to capture headlines," noting that it owns the Marshall plant, controls its operations, and employs the workforce there, unlike companies that simply import Chinese-made batteries.
Ford Motor Company (NYSE:F) can argue that its CATL partnership still solidifies U.S. battery manufacturing rather than becoming more dependent on Chinese imports. Ford owns and operates its Marshall, Michigan battery plant. It allows the company to manufacture batteries domestically while licensing CATL technology. That structure could help Ford expand its U.S. EV production capacity and reduce the need to import finished Chinese battery packs.
Ford's improving financial performance gives the firm more flexibility to manage the political pressure. The automaker raised its full-year adjusted EBIT guidance to $10 billion-$11 billion after second-quarter results exceeded expectations, with record Bronco sales and a stronger product mix supporting the improvement. Stronger operating earnings could give Ford more resources to adjust its battery strategy if policymakers impose more restrictions on Chinese technology.
The company's existing U.S. manufacturing footprint could become a competitive advantage if Washington tightens restrictions on Chinese automotive technology. Ford has already invested in domestic battery production instead of relying entirely on imported battery packs. Model e losses have narrowed for three consecutive quarters. If policymakers force automakers to cut Chinese supply-chain reliance, Ford can use its existing U.S. factories to adapt faster than rivals that depend heavily on Chinese parts.
#ford #catl #motor
1 month ago
If you thought a decline in oil prices would bring some relief at gas and diesel outlets, we're sorry. It didn't happen.
Oil prices did fall on Sept. 16, as much as 3.5% during the day. But the story was different for motorists.
Nationally, the price of gasoline climbed nearly 1% from a day earlier and is up more than 50% so far in 2026.
Related: Costco limits motor oil purchases as crude hits 4-month highs
AAA Fuels put the average price of gasoline at $4.367 a gallon on Sept. 16, up 0.9% from a day earlier and 7% in September alone. GasBuddy's late-afternoon average was $4.423 a gallon, up from $4.359 a day earlier.
#sept #Gallon
Oil prices did fall on Sept. 16, as much as 3.5% during the day. But the story was different for motorists.
Nationally, the price of gasoline climbed nearly 1% from a day earlier and is up more than 50% so far in 2026.
Related: Costco limits motor oil purchases as crude hits 4-month highs
AAA Fuels put the average price of gasoline at $4.367 a gallon on Sept. 16, up 0.9% from a day earlier and 7% in September alone. GasBuddy's late-afternoon average was $4.423 a gallon, up from $4.359 a day earlier.
#sept #Gallon
2 months ago
Freight fraud risks and carrier vetting are the focus as Highway Chief Commercial Officer Michael Caney joins FreightWaves Today. He breaks down what brokers, carriers and shippers need to watch right now when onboarding and monitoring capacity.If you work fraud prevention, carrier compliance or network procurement, this conversation gets straight to the operational takeaway without the fluff.#FreightFraud #CarrierVetting #SupplyChain
Carrier-vetting platform Highway is putting its balance sheet behind its fraud-detection product: if a broker moves freight using Highway's guarantee standard and loses a load, Highway writes a check for $100,000. The company's chief commercial officer said the program covers the vast majority of carrier capacity in North America — and has paid out only once across roughly one million loads.
Of the approximately 175,000 carriers that move freight for freight brokers, Highway says more than 82% qualify for the guarantee tier. "What I would tell you is the industry keeps trying to solve for the bottom 18% of the market," the CCO said. "And what we're saying is if you will just move your freight to this cohort of carriers, which is the majority of capacity in North America, not only will you be fine, but Highway will stand behind it with a performance guarantee."
"The average cargo theft is not the $100,000, it's $250,000. This idea that a motor carrier can just show up and say, hey man, I'm gonna need this cargo, it's $250 grand, I'm good for it, is bananas."
The single payout to date stemmed from an identity-design flaw tied to California's non-domiciled limited-term licensing rules. A fraudulent carrier obtained a new license through California's process, resubmitted in Highway's system, and the alert dropped off before the bug was caught and fixed — costing Highway $100,000. The CCO described theft events as a "Swiss cheese" of compounding decisions rather than a single failure point, and said Highway continuously monitors for ownership changes, inbox compromises, and cyber anomalies within the guarantee framework.
#carriers #capacity #America
Carrier-vetting platform Highway is putting its balance sheet behind its fraud-detection product: if a broker moves freight using Highway's guarantee standard and loses a load, Highway writes a check for $100,000. The company's chief commercial officer said the program covers the vast majority of carrier capacity in North America — and has paid out only once across roughly one million loads.
Of the approximately 175,000 carriers that move freight for freight brokers, Highway says more than 82% qualify for the guarantee tier. "What I would tell you is the industry keeps trying to solve for the bottom 18% of the market," the CCO said. "And what we're saying is if you will just move your freight to this cohort of carriers, which is the majority of capacity in North America, not only will you be fine, but Highway will stand behind it with a performance guarantee."
"The average cargo theft is not the $100,000, it's $250,000. This idea that a motor carrier can just show up and say, hey man, I'm gonna need this cargo, it's $250 grand, I'm good for it, is bananas."
The single payout to date stemmed from an identity-design flaw tied to California's non-domiciled limited-term licensing rules. A fraudulent carrier obtained a new license through California's process, resubmitted in Highway's system, and the alert dropped off before the bug was caught and fixed — costing Highway $100,000. The CCO described theft events as a "Swiss cheese" of compounding decisions rather than a single failure point, and said Highway continuously monitors for ownership changes, inbox compromises, and cyber anomalies within the guarantee framework.
#carriers #capacity #America
2 months ago
The U.S. fuel crisis stemming from the ongoing war in Iran has now reached the retail shelf, with Costco Wholesale (COST) nearly doubling the price of its Kirkland Signature full-synthetic motor oil from roughly $30 to $58 per 5-quart two-pack, while simultaneously capping purchases at two units per membership every seven days.
It's an extraordinary move for a retailer whose entire brand identity rests on bulk buying at deep discounts, and it signals that severe supply chain disruptions are spreading well beyond the gasoline pump.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Crude Prices Soar as Global Oil Supplies Continue to Tighten
Middle East Supply Constraints Lift Crude Oil Prices
#supply #wholesale
It's an extraordinary move for a retailer whose entire brand identity rests on bulk buying at deep discounts, and it signals that severe supply chain disruptions are spreading well beyond the gasoline pump.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Crude Prices Soar as Global Oil Supplies Continue to Tighten
Middle East Supply Constraints Lift Crude Oil Prices
#supply #wholesale
2 months ago
Liberty Media Formula One (FWONK) is increasingly looking like more than a fast-growing sports franchise — it is becoming a premium global media and entertainment ******* et. That view is gaining traction on Wall Street, with Jefferies initiating coverage of FWONK stock with a "Buy" rating and a $115 price target, implying about 22% potential upside from current levels. Jefferies views Formula One as a high-quality media and consumer-experiences business, supported by its premium sports ******* ets, ******* et-light model, and margin-expansion opportunity.
Jefferies believes that the company streamlining Formula One and MotoGP after the Liberty Live separation and MotoGP acquisition could improve how its allocates capital and executes. Moreover, ******* ysts highlighted Apple's (AAPL) new U.S. F1 media-rights deal for Apple TV, estimating it could add revenue of about $55 million annually through 2030. Overall, the firm expects revenue to grow to $5.84 billion in 2028, and adjusted OIBDA margins to expand to 27.2%.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#liberty
Jefferies believes that the company streamlining Formula One and MotoGP after the Liberty Live separation and MotoGP acquisition could improve how its allocates capital and executes. Moreover, ******* ysts highlighted Apple's (AAPL) new U.S. F1 media-rights deal for Apple TV, estimating it could add revenue of about $55 million annually through 2030. Overall, the firm expects revenue to grow to $5.84 billion in 2028, and adjusted OIBDA margins to expand to 27.2%.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#liberty
2 months ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
The oil crisis is leaking into other parts of the car. Costco, the land of big and cheap, flipped the script and doubled the price of its full-synthetic motor oil and started rationing purchases. As crude pushes toward $100 a barrel, a 10-quart case that cost roughly $30 now runs $57.99, with purchases capped at two units per member per week.
U.S. diesel crossed $6 a gallon for the first time this week, and global oil inventories have drawn down more than 500 million barrels since the U.S.-Iran conflict began. This is affecting the entire crude industrial complex.
Base oil, which is the feedstock for motor oil, comes from the same barrel as gasoline and diesel so when refiners can earn more finishing crude into fuel than into lubricants, lubricant stock gets squeezed first.
The pressure for Costco, however, is more intense: Its signature Kirkland oil carries GM's Dexos1 Gen 3 certification, which requires manufacturers to pay GM separately per product and per unit sold. As a result, and much against its brand ethos, changing your own oil with Kirkland product now costs roughly what an independent shop would charge, thus eroding the DIY savings case entirely.
#crude #motor #case #week
The oil crisis is leaking into other parts of the car. Costco, the land of big and cheap, flipped the script and doubled the price of its full-synthetic motor oil and started rationing purchases. As crude pushes toward $100 a barrel, a 10-quart case that cost roughly $30 now runs $57.99, with purchases capped at two units per member per week.
U.S. diesel crossed $6 a gallon for the first time this week, and global oil inventories have drawn down more than 500 million barrels since the U.S.-Iran conflict began. This is affecting the entire crude industrial complex.
Base oil, which is the feedstock for motor oil, comes from the same barrel as gasoline and diesel so when refiners can earn more finishing crude into fuel than into lubricants, lubricant stock gets squeezed first.
The pressure for Costco, however, is more intense: Its signature Kirkland oil carries GM's Dexos1 Gen 3 certification, which requires manufacturers to pay GM separately per product and per unit sold. As a result, and much against its brand ethos, changing your own oil with Kirkland product now costs roughly what an independent shop would charge, thus eroding the DIY savings case entirely.
#crude #motor #case #week
2 months ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
The oil crisis is leaking into other parts of the car. Costco, the land of big and cheap, flipped the script and doubled the price of its full-synthetic motor oil and started rationing purchases. As crude pushes toward $100 a barrel, a 10-quart case that cost roughly $30 now runs $57.99, with purchases capped at two units per member per week.
U.S. diesel crossed $6 a gallon for the first time this week, and global oil inventories have drawn down more than 500 million barrels since the U.S.-Iran conflict began. This is affecting the entire crude industrial complex.
Base oil, which is the feedstock for motor oil, comes from the same barrel as gasoline and diesel so when refiners can earn more finishing crude into fuel than into lubricants, lubricant stock gets squeezed first.
The pressure for Costco, however, is more intense: Its signature Kirkland oil carries GM's Dexos1 Gen 3 certification, which requires manufacturers to pay GM separately per product and per unit sold. As a result, and much against its brand ethos, changing your own oil with Kirkland product now costs roughly what an independent shop would charge, thus eroding the DIY savings case entirely.
#costco #Stock #roughly
The oil crisis is leaking into other parts of the car. Costco, the land of big and cheap, flipped the script and doubled the price of its full-synthetic motor oil and started rationing purchases. As crude pushes toward $100 a barrel, a 10-quart case that cost roughly $30 now runs $57.99, with purchases capped at two units per member per week.
U.S. diesel crossed $6 a gallon for the first time this week, and global oil inventories have drawn down more than 500 million barrels since the U.S.-Iran conflict began. This is affecting the entire crude industrial complex.
Base oil, which is the feedstock for motor oil, comes from the same barrel as gasoline and diesel so when refiners can earn more finishing crude into fuel than into lubricants, lubricant stock gets squeezed first.
The pressure for Costco, however, is more intense: Its signature Kirkland oil carries GM's Dexos1 Gen 3 certification, which requires manufacturers to pay GM separately per product and per unit sold. As a result, and much against its brand ethos, changing your own oil with Kirkland product now costs roughly what an independent shop would charge, thus eroding the DIY savings case entirely.
#costco #Stock #roughly
2 months ago
WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded more than expected in August as households stepped up purchases of motor vehicles and stocked up for the new school year, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding 0.8% after a previously reported 0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.
#sales #wednesday
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding 0.8% after a previously reported 0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.
#sales #wednesday
2 months ago
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Warren Buffett once put General Motors CEO Mary Barra on the spot with a question. Would she run the company differently if she didn't have to report earnings every three months?
When Barra said no, Buffett offered advice she still calls (1) "phenomenal."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A record 45% of central banks plan to grow gold reserves — and many investors are following suit. Get your free gold IRA guide from Priority Gold
#finance #warren #mary
Warren Buffett once put General Motors CEO Mary Barra on the spot with a question. Would she run the company differently if she didn't have to report earnings every three months?
When Barra said no, Buffett offered advice she still calls (1) "phenomenal."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A record 45% of central banks plan to grow gold reserves — and many investors are following suit. Get your free gold IRA guide from Priority Gold
#finance #warren #mary
2 months ago
This one had everything. Troy Melton struggled and got knocked out early, but the bullpen managed to bend without breaking. Meanwhile, the young Tigers hitters were centre stage as they fought back repeatedly with good at-bats late in this one. Kenley Jansen picked up his 496th major league save to wrap up the victory.
Monday night's first of three at the Rogers Centre featured Melton against right-hander José Soriano. The Blue Jays have had almost as strange a season as the Tigers. Struggling through the first half, they moved long time top starter Kevin Gausman, but acquired Soriano at the deadline as well, and have kept themselves in the thick of the wild card race.
Things didn't start off too well as the Tigers quickly went 1-2-3 in the first, and Melton immediately dug himself a hole. Brett Bateman led off by slashing a single the opposite way past a diving Hao-Yu Lee for a leadoff single. Bateman appeared to be thrown out stealing second on a pitch that was called a ball and incorrectly challenged by Dillon Dingler to walk George Springer. So everyone was safe, and after Vladimir Guerrero Jr. grounded out to advance the runners, Alejandro Kirk singled home Bateman for a 1-0 lead.
Melton didn't help his cause against Nathan Lukes by yanking a wild pitch to score Springer, but he retired Lukes and Kazuma Okamoto flew out to Clark to end the first inning. 2-0 Blue Jays.
A Dingler strikeout started the second inning, and Max Clark and Brett Callahan grounded out.
#melton #soriano #brett
Monday night's first of three at the Rogers Centre featured Melton against right-hander José Soriano. The Blue Jays have had almost as strange a season as the Tigers. Struggling through the first half, they moved long time top starter Kevin Gausman, but acquired Soriano at the deadline as well, and have kept themselves in the thick of the wild card race.
Things didn't start off too well as the Tigers quickly went 1-2-3 in the first, and Melton immediately dug himself a hole. Brett Bateman led off by slashing a single the opposite way past a diving Hao-Yu Lee for a leadoff single. Bateman appeared to be thrown out stealing second on a pitch that was called a ball and incorrectly challenged by Dillon Dingler to walk George Springer. So everyone was safe, and after Vladimir Guerrero Jr. grounded out to advance the runners, Alejandro Kirk singled home Bateman for a 1-0 lead.
Melton didn't help his cause against Nathan Lukes by yanking a wild pitch to score Springer, but he retired Lukes and Kazuma Okamoto flew out to Clark to end the first inning. 2-0 Blue Jays.
A Dingler strikeout started the second inning, and Max Clark and Brett Callahan grounded out.
#melton #soriano #brett
2 months ago
Zane Smith escaped with no serious injuries following a violent crash in Sunday's Enjoy Illinois 300 at World Wide Technology Raceway. The driver of the No. 38 suffered a brake failure in the closing laps of Stage 2, causing him to spin out and slam driver's side first into the outside retaining wall in turn 1.
As Smith climbed from his car, it was evident he was in pain. The 27-year-old was slow to get out of his battered Front Row Motorsports Ford and was leaning on two NASCAR safety workers as they helped him into the ambulance to take him to the infield care center.
Thankfully, Smith took to social media on Monday with a positive update on his condition.
Immediately after Smith careened with the outside wall following the brake failure, his spotter, Ryan Blanchard, tried to summon his driver over the radio to check on his condition.
"We lost brakes here. Let me know if you're OK. Really big hit. Talk to me when you can, please. Let me know if you're OK," he said.
#brake #failure #wall
As Smith climbed from his car, it was evident he was in pain. The 27-year-old was slow to get out of his battered Front Row Motorsports Ford and was leaning on two NASCAR safety workers as they helped him into the ambulance to take him to the infield care center.
Thankfully, Smith took to social media on Monday with a positive update on his condition.
Immediately after Smith careened with the outside wall following the brake failure, his spotter, Ryan Blanchard, tried to summon his driver over the radio to check on his condition.
"We lost brakes here. Let me know if you're OK. Really big hit. Talk to me when you can, please. Let me know if you're OK," he said.
#brake #failure #wall
2 months ago
Two races into NASCAR's new Chase, the championship standings are already showing how quickly things can change.
Kyle Larson left Darlington 49 points behind Denny Hamlin. One win at Gateway later, he sits second, just nine points back.
Ryan Blaney experienced the opposite. He entered Gateway 16 points behind Hamlin before a brake failure ended his race in 35th. Now he trails by 33.
Next comes Bristol Motor Speedway, and there is no reset waiting on the other side.
Under NASCAR's previous playoff format, drivers raced through elimination rounds with points resets along the way. The 2026 Chase is different. After the initial reseeding, all 10 races count toward the same championship total.
#points #championship
Kyle Larson left Darlington 49 points behind Denny Hamlin. One win at Gateway later, he sits second, just nine points back.
Ryan Blaney experienced the opposite. He entered Gateway 16 points behind Hamlin before a brake failure ended his race in 35th. Now he trails by 33.
Next comes Bristol Motor Speedway, and there is no reset waiting on the other side.
Under NASCAR's previous playoff format, drivers raced through elimination rounds with points resets along the way. The 2026 Chase is different. After the initial reseeding, all 10 races count toward the same championship total.
#points #championship
2 months ago
(NewsNation) — The family of an Alaskan boy who survived four days at sea wants the world to know what they say kept him alive: prayer.
Fifteen-year-old Parker of Savoonga, Alaska set out with his older brother Sidney Kulowiyi, 35, and their cousin, Barton Rookok, 34, to fish for halibut on September 4, according to Anchorage Daily News. They planned on returning in the early hours of September 6. When they didn't return, search and rescue efforts were launched.
US Air Force officer reveals his prayer after getting shot down in Iran
On Monday, around 10:30am, the Coast Guard spotted Parker around 10:30 a.m. on top of the capsized vessel in the Bering Sea and asked another boat to pick him up.
According to Alaska's News Source, their 18-foot skiff capsized after a fishing line got tangled in the motor. The boy's older brother Sidney reportedly got caught in the line and was pulled under the ship.
#sidney #september #brother #around
Fifteen-year-old Parker of Savoonga, Alaska set out with his older brother Sidney Kulowiyi, 35, and their cousin, Barton Rookok, 34, to fish for halibut on September 4, according to Anchorage Daily News. They planned on returning in the early hours of September 6. When they didn't return, search and rescue efforts were launched.
US Air Force officer reveals his prayer after getting shot down in Iran
On Monday, around 10:30am, the Coast Guard spotted Parker around 10:30 a.m. on top of the capsized vessel in the Bering Sea and asked another boat to pick him up.
According to Alaska's News Source, their 18-foot skiff capsized after a fishing line got tangled in the motor. The boy's older brother Sidney reportedly got caught in the line and was pulled under the ship.
#sidney #september #brother #around
2 months ago
Three and a half years of freight recession did two things to the truck financing market at once. It shredded the credit profiles of the carriers who most needed to borrow. It also pushed a large share of the lenders who would have lent to them out of the sector. Both are now rationing the equipment replacement cycle the industry has spent two years waiting on.
Kirk Mann stayed in. As executive vice president and general manager of the transportation vendor solutions business at Mitsubishi HC Capital America, he financed trucks through the entire downturn and watched a great many of them come back.
"There are a lot of lenders, banks that left, and so we've had the benefit of being one of the lenders actually lending money in this ****** e," Mann said in an interview with FreightWaves. What competition remains is mostly OEM captive finance arms, a couple of large independents and a few bank-led groups, he said.
The carriers that did not survive were overwhelmingly the newest. On average, 85% of motor carriers with fewer than two years of operating experience and their own operating authority failed over a three-year stretch of the downturn, Mann said.
Back in January 2023, Mann sat in Mitsubishi HC Capital's Chicago offices with Wayne Pass, the company's chief credit officer for vendor solutions, since retired. He asked what a Freightliner Cascadia 13-speed with a tall sleeper and fewer than 500,000 miles was worth. Both men wrote down $45,000. Mann then asked what the company was financing those trucks at. About $110,000.
#mitsubishi #back #financing #large
Kirk Mann stayed in. As executive vice president and general manager of the transportation vendor solutions business at Mitsubishi HC Capital America, he financed trucks through the entire downturn and watched a great many of them come back.
"There are a lot of lenders, banks that left, and so we've had the benefit of being one of the lenders actually lending money in this ****** e," Mann said in an interview with FreightWaves. What competition remains is mostly OEM captive finance arms, a couple of large independents and a few bank-led groups, he said.
The carriers that did not survive were overwhelmingly the newest. On average, 85% of motor carriers with fewer than two years of operating experience and their own operating authority failed over a three-year stretch of the downturn, Mann said.
Back in January 2023, Mann sat in Mitsubishi HC Capital's Chicago offices with Wayne Pass, the company's chief credit officer for vendor solutions, since retired. He asked what a Freightliner Cascadia 13-speed with a tall sleeper and fewer than 500,000 miles was worth. Both men wrote down $45,000. Mann then asked what the company was financing those trucks at. About $110,000.
#mitsubishi #back #financing #large
2 months ago
It was difficult for Alex Bowman to hold back his emotions after Sunday's Enjoy Illinois 300 at World Wide Technology Raceway. The driver of the No. 48 turned in his best performance of the 2026 NASCAR Cup Series season, placing runner-up to Hendrick Motorsports teammate Kyle Larson.
The strong run at Gateway meant a little more to Bowman. Just prior to Sunday's race, Bowman revealed that his dog, Finn, who he called his best friend, sadly passed away. As the Arizona native reflected on his top-five performance at Gateway, he fought back tears in what has been an emotional weekend.
One day prior to Sunday's Enjoy Illinois 300 at WWT Raceway, Bowman took to social media to announce the heartbreaking passing of his dog.
"I don't know how to say this out loud, but last night I lost my best friend. You only get a dog like Finn once in a lifetime. He was just the best," he wrote.
As Bowman spoke to USA Network's Dave Burns, he tried to keep himself together as he expressed appreciation for his No. 48 HMS team for helping him through the devastating loss.
#illinois #back #performance
The strong run at Gateway meant a little more to Bowman. Just prior to Sunday's race, Bowman revealed that his dog, Finn, who he called his best friend, sadly passed away. As the Arizona native reflected on his top-five performance at Gateway, he fought back tears in what has been an emotional weekend.
One day prior to Sunday's Enjoy Illinois 300 at WWT Raceway, Bowman took to social media to announce the heartbreaking passing of his dog.
"I don't know how to say this out loud, but last night I lost my best friend. You only get a dog like Finn once in a lifetime. He was just the best," he wrote.
As Bowman spoke to USA Network's Dave Burns, he tried to keep himself together as he expressed appreciation for his No. 48 HMS team for helping him through the devastating loss.
#illinois #back #performance
2 months ago
José Luis Esparza Güicho — a 37-year-old Mexican content creator known online as "El Piturris" — was shot and killed while working at a taco stand on Sept. 10
Esparza's death is being investigated as a homicide, the Sonora State Attorney General's Office said
The content creator maintained a following of over 30,000 on Instagram, where he shared photos and videos from his life in Mexico
José Luis Esparza Güicho — a Mexican content creator known online as "El Piturris" — was shot and killed while working at a taco stand on Thursday. He was 37.
Esparza, who maintained a following of over 30,000 on Instagram, was "attacked with firearm projectiles" on Sept. 10 at a taco stand in Ciudad Obregón, a city in northern Mexico, by a suspect who allegedly "fled on a motorcycle" with another individual, the Sonora State Attorney General's Office said in a translated statement.
#esparza #stand
Esparza's death is being investigated as a homicide, the Sonora State Attorney General's Office said
The content creator maintained a following of over 30,000 on Instagram, where he shared photos and videos from his life in Mexico
José Luis Esparza Güicho — a Mexican content creator known online as "El Piturris" — was shot and killed while working at a taco stand on Thursday. He was 37.
Esparza, who maintained a following of over 30,000 on Instagram, was "attacked with firearm projectiles" on Sept. 10 at a taco stand in Ciudad Obregón, a city in northern Mexico, by a suspect who allegedly "fled on a motorcycle" with another individual, the Sonora State Attorney General's Office said in a translated statement.
#esparza #stand