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Ferrari's Hybrid Hangover: Collectors Stampede Into Legacy V8s And V12s
Ferrari's Hybrid Hangover: Collectors Stampede Into Legacy V8s And V12s
Exotic-car collectors continue to shun hybrid Ferraris (Read May's sportscar report) in favor of legacy V8 and V12 petrol-powered models, pushing used-car values sharply higher.
One possible driver is concern over long-term ownership costs: hybrid and fully electric supercars combine complex electronics, high-voltage battery packs, and sophisticated thermal-management systems, creating the risk of astronomical repair bills as these vehicles age.
Goldman Sachs analyst Christian Frenes, the bank's equity analyst covering European automakers including Ferrari, Mercedes-Benz, BMW, Volkswagen, Stellantis, Renault, Aston Martin, and Porsche...
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Apr 5, 2026 / Kyle Anzalone
Iran, Oman Hold Talks on Strait of Hormuz
Iranian and Omani officials met to discuss shipping through the Strait of Hormuz. After the US and Israel attacked Iran, Tehran shut down the vital waterway to most tankers. A statement from the Omani Foreign Minister following the talks said both sides put forward proposals, but did not indicate that an agreement was reached to […]
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May 4, 2026 / Tyler Durden
Norwegian Cruise Cuts Outlook On Gulf Disruptions, Fuel Shock
Norwegian Cruise Cuts Outlook On Gulf Disruptions, Fuel Shock
Norwegian Cruise Line Holdings shares fell in premarket trading in New York after the cruise ship operator lowered its full-year 2026 outlook, as disruptions in the Middle East, higher diesel costs, and softer travel demand in Europe weighed on first-quarter bookings.
"The Company is experiencing headwinds related to disruptions in the Middle East, including higher fuel expense and signs of softer demand as consumers reevaluate travel plans, particularly to Europe," Norwegian Cruise wrote in a press release.
It continued, "As previously noted,...
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May 21, 2026 / Tyler Durden
American Freight Revival Enters Next Phase As Illegal Alien Trucker Chaos Continues
American Freight Revival Enters Next Phase As Illegal Alien Trucker Chaos Continues
Submitted by American Truckers United,
In a unanimous landmark decision, the U.S. Supreme Court ruled that the Federal Aviation Administration Authorization Act (FAAAA) does not protect freight brokers from state-law negligence claims when they carelessly hire unsafe motor carriers.
Landmark win for trucking safety this morning.
The Supreme Court rules UNANIMOUSLY against the broker that helped put the illegal alien who hit Dalilah Coleman on the road.
As a result of this decision, trucking brokers can be liable for negligently giving loads...
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