Sales of electrified vehicles helped keep the industry afloat in June and during the second quarter, with Korean brands, in particular, delivering record sales numbers. More from Headlight.News.
Joseph Szczesny
The Era of Automotive Globalization is Dead
Stagnating demand in Western markets, the end of the ‘global car,’ and the cost of electrification present automakers and suppliers with a triple conundrum, says AlixPartners’ annual report on the state of the auto industry.
UAW Pres. Fain Fights for His Political Life – and that Could Trigger a Wave of Strikes
The UAW plans to fatten up its strike fund as it prepares for fights with big, corporate employers. But union Pres. Shawn Fain also faces a potentially explosive re-election campaign in the months to come as the union moves to fill spots on its executive board.
UAW Ends Crippling Strike at Major GM Supplier
Members of the United Auto Workers Union ratified a new, four-year contract with the Dauch Corp. ending a strike at a plant in Three Rivers, Michigan. The agreement gives workers a big raise and ends the threat to General Motors truck production.
Hybrids – and Even EVs – Are Propping Up the U.S. Auto Market
Sales of new vehicles remained steady in May. But despite conventional wisdom that the battery-electric market is dying, buyers showed renewed interest in electrified models, including EVs and hybrids. Headlight.News has more.
UAW Demands Quotas on Imports, Higher Wages in Next Canada/Mexico Trade Deal
The United Auto Workers says any new trade agreement with Mexico and Canada should include quotas on imports, while boosting wages of Mexican workers and providing American workers a chance at the American Dream. Read the story at Headlight.News.
April Brought Gloomy Auto Sales, as Well As Showers
Car sales headed downward in April as gloomy economic news spawned by rising oil prices and higher inflation took the edge off the excitement of the traditional spring buying season. More from Headlight.News.
Paying Through the Nose: Buyers Struggle With Longer Loans, Higher Payments
Paying for a new car is getting more complicated as monthly payments climb and the length of loan contracts increase. It doesn’t help that interest rates remain high. More from Headlight.News.
Auto Sales Set to Tumble – and Downturn Could Accelerate as Iran War Reignites Inflation
New vehicle sales appear to have gone into decline during the first quarter, with industry insiders worrying the downturn could accelerate as the Iranian War triggers not only higher fuel prices but more general inflation. More from Headlight.News.
War, High Fuel Prices, Potential Job Losses Pose Threat to Auto Business, Economy as a Whole
As the War with Iran drags on, Americans are becoming ever more pessimistic about the U.S economy. A potentially spiraling round of inflation, marked by surging fuel prices, could hit hard, starting with the automobile business. More from Headlight.News.
February Sales Remain Steady Despite Storms; Future Sales Look Uncertain
New vehicle sales remained stable during February, but fallout from turmoil over Iran and around hangs over the economy. However, with the threat of a protracted conflict in the Middle East hanging over the industry, the numbers look more impressive. Get details at Headlight.News.
Tesla Backs Down on Autopilot, Will be Able to Keep Selling EVs in California
Facing the prospect of being banned from the largest EV market in the U.S., Tesla has stopped using the name, Autopilot, on the vehicles it sells in California. It’s also updated the name of its more advanced Full Self-Driving system.