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FUTURE EUROPEAN AUTO INDUSTRY

With news that Porsche has eventually succeeded in wresting victory from the jaws of defeat (otherwise known as the state of Lower Saxony), the future of the European automotive industry is…. confusing. In ultra-simplistic visual form, the images below show the Porsche group with Volkswagen and its underlings as well as a possible Fiat group, with the GM Europe additions and Chrysler LLC group, too.


Daily Tracker
Oil Crisis Monitor
Updated: Oct 20, 2026 — 4:25 AM MT
Strait of Hormuz
233
Days
Day 233 — Houthi strike kills 53+ at a Shabwa camp (Yemeni officials). The strait remains closed.
Day 233: Yemeni officials say a Houthi missile strike on a Shabwa training camp killed at least 53 soldiers; Riyadh reports a missile intercepted.
Brent Crude
+49.8% since closure
$109.55
/bbl
Today: −$0.31 (−0.3%)
U.S. Gas Avg
+42.6% since closure
$4.28
/gal
Today: −$0.02
WTI Crude
+50.2% since closure
$103.66
/bbl
Today: +$2.25 (+2.2%)
Next
IMF PortWatch weekly Hormuz chokepoint update
Today
Oct 20
USMCA Tariffs
25% IEEPA + 232 duties
IN EFFECT
202
Day
2026 SAAR Forecast
16.1–16.8M
▼ 16.8M
prev. forecast
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