The slow death of the manual transmission
The real death of the stick shift will be electric vehicles. Because of the nature of electric motors, a gear box is unnecessary.
The real death of the stick shift will be electric vehicles. Because of the nature of electric motors, a gear box is unnecessary.
Crude rose above $55 a barrel to hit a 16-month high on Monday as rising prospects of a tightening market after last week’s OPEC landmark deal to cut production has given speculators impetus to increase bets on higher prices.
Oil traders hung on OPEC’s every word in 2016, and this year the market could be in for more of the same.
The oil price rally sparked by an OPEC-Russia deal to cut output is likely to be short-lived, say traders in Asia, because the agreement may only draw more supplies from storage tanks and more crude shipments from the United States.
General Motors Co. stands to lose as much as $9,000 on every Chevrolet Bolt that leaves a showroom once the all-electric subcompact starts rolling out. Sounds crazy, but the damage makes perfect business sense under the no pain, no gain policy driving the electric-vehicle boom in the U.S.
Former Shell Oil President John Hofmeister on the fallout from OPEC to cut crude oil production.
Despite pressure to lower the amount of ethanol blended into the U.S. fuel supply, the Environmental Protection Agency (EPA) has boosted its proposed ethanol volume for 2017.