Hundreds of employees of LG Energy Solution, a South Korean battery maker, were taken into custody in an immigration raid at a Hyundai plant being built outside Savannah, Georgia, officials from both ICE and the South Korea’s Foreign Ministry have confirmed.
Strong sales of electric and electrified vehicles boosted overall U.S. auto sales during August, with manufacturers including Hyundai, Kia, Genesis, Toyota and Ford Motor Co. and Honda reporting solid gains and, in some cases, record sales. More from Headlight.News.
Shawn Fain’s grip on the Presidency of the United Auto Workers Union is under siege as more locals ask the UAW’s board of directors to consider removing Fan from office under the watchful eye of an independent monitor.
Automakers, especially Asian brands, posted healthy sales for July. But the pace is expected to slow as the economy turns sluggish from Trump’s tariffs and as unemployment begins to climb.
Trump’s tariffs are raising the prices of new vehicles and threatening the finances of buyers looking for a way to purchase, which are leaving them deeper in debt, new studies show.
After throwing its support behind Pres. Donald Trump’s 25% tariffs on imported autos and auto parts, the United Auto Workers admits is coming up empty handed in the administration’s new deal with Japan, which offers nothing for workers and could lead to lower wages. Headlight.News has more.
Cadillac is ready to carry on without EVs without tax credits as it conquers new territory in the luxury segment with a rebuilt and re-tooled line-up. It’s expanding line-up of EVs is proving particularly appealing to younger buyers, says its brand boss. Headlight.News has more.
“The party’s over,” said one key analyst. While domestic carmakers reported a modest upturn boost in sales for June, the U.S. auto market largely stalled out as buyers began pulling back due to price increases caused by the Trump tariffs on imported autos and auto parts. Headlight.News has more on the winners and losers.
Chinese domestic automakers are becoming a major threat as they gain acceptance around the world with new, low-cost products, Ford CEO Jim Farley warns. But that’s not the only challenge facing Ford and other traditional manufacturers – particularly those in the U.S. There are Trump’s tariffs, for one thing, as well as a shortage of the skilled workers automakers depend on. More from Headlight.News.
California vowed to fight President Donald Trump’s effort to roll back the state’s tough emission and fuel economy standards, which would allow it to push automakers to go all-electric. The upcoming court battle could leave automakers in limbo as they try to plan for the future, reports Headlight.News.
The number of all-new models coming to market over the next four years is predicted to drop sharply as manufacturers around the world cut back on investments. That will be particularly obvious in the EV market as the industry shifts back to internal combustion, according to the latest annual “Car Wars” study.
Carmakers reported healthy sales in May as buyers continued to sign for new vehicles ahead of price Increases promised when the Trump tariffs take hold. Headlight.News has details.