Is Polestar the next Rivian or the next Fisker? The company’s looking to be the former not the latter, but if it’s going to be a success, it has a long way to go. The EV maker secured a $450 million loan for short-term help and delayed its fourth-quarter earnings report. Find out what’s next at Headlight.News.
Used car seller Carvana ventures into new territory with the firm buying its first dealership as the company attempts to enter the new car sales market with the purchase of Stellantis franchised dealership.
Mercedes is getting ready to pull the wraps off the new Vison V, a show car previewing the next-generation, all-electric vans it’s set to put into production next year. “The future model line-up will range from entry-level family vehicles and exclusive VIP shuttles to spacious and luxurious limousines,” the automaker said Monday.
Barring a last-minute change of mind, the White House has signaled Pres. Donald Trump will announce new tariffs targeting America’s largest trading partners, Canada and Mexico, on Tuesday. The move is expected to increase the cost of many common goods substantially, including not only fully assembled vehicles imported from America’s nearest neighbors but other cars, trucks and crossovers assembled in the U.S. That’s because virtually all of those models rely on at least some Mexican and Canadian parts, components and raw materials.