News
Ships loaded with Reliance diesel, jet fuel turn to Asia instead
9+ hour, 3+ min ago (622+ words) Two Reliance-loaded fuel tankers bound for Europe have diverted to Asia as soaring jet fuel margins in Asia'driven by Strait of Hormuz disruptions'make east-of-Suez deliveries more profitable. A US 30day waiver allows India to buy Russian oil stranded at sea, easing…...
Top UK Cities with the Highest EV Uptake
1+ day, 17+ hour ago (902+ words) Published by Barnali Pal Sinha Understanding where electric vehicle (EV) uptake is accelerating fastest provides valuable insight into how policy, investment, and behaviour combine to influence real-world adoption. It also highlights what successful cities are doing differently " and where lessons…...
US Diesel Prices Surpass $4/Gallon Amid Middle East Conflict
1+ day, 22+ hour ago (592+ words) U.S. average retail diesel prices climbed above $4.04/gal on March4,2026the first time in nearly two yearsdriven by intensified Middle East conflict disrupting distillate-rich crude flows and strained global inventories. By Nicole Jao and Shariq Khan NEW YORK, March 4 (Reuters) - Average U.S. retail diesel…...
French Finance Ministry to Meet Petrol Stations Over Fuel Prices
2+ day, 3+ hour ago (153+ words) France's Finance Ministry will meet petrol station operators on Thursday at 10:00GMT to curb pump price hikes amid surging global oil costs tied to the Iran conflict. The government insists increases remain "reasonable'expected only to be limited "a few cents" per…...
VW Scout Sees High Demand for Hybrid Models Amid EV Slowdown
2+ day, 5+ hour ago (456+ words) Scout Motors has amassed over 150,000 refundable reservations for its Terra pickup and Traveler SUV, with approximately 85% of buyers choosing the extended'range electric vehicle (EREV) "Harvester" version over the pure'electric variant. March 4 (Reuters) - Volkswagen's new Scout Motors brand has taken more…...
Tesla's UK Sales Fall in February, Still Surpass BYD | BEV Market Data
2+ day, 6+ hour ago (328+ words) In February 2026, Tesla's UK sales plunged by 45.2% year-on-year to 2,208 units, yet it still exceeded BYD's 968 units. Battery-electric vehicles accounted for roughly 25% of the UK market, highlighting the sector's continued expansion amid shifting competitive dynamics. March 4 (Reuters) - Tesla's UK sales fell…...
Volvo Cars Sales Drop 10% from December to February | Finance News
2+ day, 10+ hour ago (206+ words) Volvo Cars reported a 10% year-on-year drop in global sales for the December'February quarter, selling 156,965 vehicles, amid broader industry headwinds and softer demand. STOCKHOLM, March 4 (Reuters) - Sweden-based Volvo Cars said on Wednesday it sold 156,965 cars in the three months through February,…...
Traton Predicts Improved Truck Sales and Returns by 2026
2+ day, 12+ hour ago (180+ words) Traton Group anticipates improved 2026 truck unit sales with growth between "5% and +7%, and adjusted operating return on sales between 5.3% and 7.3%, roughly matching 2025s 6.3%. March 4 (Reuters) - Volkswagen's truck unit Traton on Wednesday forecast improved unit sales development for 2026, with return on sales broadly…...
Continental Guides for Stable 2026 Tyre Sales and Profitability
2+ day, 12+ hour ago (297+ words) Continental forecasts its core tyre business to deliver broadly stable 2026 performance, targeting sales between "13.214.2billion and an adjusted operating margin of 13.014.5%. At midpoint, sales are slightly below consensus ("14.0billion), while margins align with expectations. March 4 (Reuters) - German car parts supplier Continental on…...
Stellantis, Toyota, Subaru Exit Tesla-Led EU Carbon Pool for 2026
2+ day, 13+ hour ago (234+ words) An EU filing dated February 27 reveals that Stellantis, Toyota and Subaru are not part of Tesla's carbon'credit pool for 2026, which helps automakers meet EU emissions targets via shared credits. Both Stellantis and Toyota confirm potential for later entry, while Subaru's…...