Trump’s tariffs are beginning to unnerve consumers as they eye purchasing new vehicles, forcing some buyers to jump off the fence and race into dealerships, while others have decided to wait out the chaos. Headlight.News has more.
Joseph Szczesny
Stellantis Challenges Mount Even as New Ram RHO Roars
As the uncertainty over tariffs continues to cause chaos and tension across industry, Ram launches a new off-road model — the RAM RHO — and hits a new production milestone. Check out the new off-road beast and the impact of tariffs on it at Headlight.News.
Ford Warns Dealers Tariff Price Hikes are Coming
As buyers snap up unsold vehicles, Ford cautions dealers prices will be going up as the result of the new Trump auto tariffs. And other manufacturers say they likely will follow. More from Headlight.News.
Higher Tariffs, Plummeting Consumer Confidence, Threaten to Crash Auto Sales
The outlook for the automotive industry is starting to look increasingly dim, automakers frantically searching for a way to respond to the Trump administration’s broad tariff on imported autos and auto parts. The question is whether to raise prices and risk a sharp slump in sales or absorb tariffs and crash earnings.
GM, Ford Caught in Middle As U.S., China Trade Battle Heats Up
President Trump’s tariff battle is putting both General Motors and Ford Motor Co. luxury plans under a cloud. Both the U.S. and China have heated up tariffs, even while the president paused other portions of his trade plan.
Frantic Automakers Search for Trump Tariff Strategies
Tariffs continue to dominate the auto industry, manufacturers around the world struggling to figure out formulas that will minimize the impact on consumers – and U.S. sales – while avoiding budget-busting new costs that could send their balance sheets deep into the red. Here are some of the latest developments.
Mexican Auto Plants Keep Humming Despite Trump Tariffs
In a surprise twist, Trump’s tariff war has so far left Mexican auto plants humming despite promises to blue-collar workers in the U.S. For now, at least, the USMCA trade agreement remains in force along the Southern border. But the tariffs have already had a negative impact on autoworkers Stellantis announcing layoffs at several of its plants.
Stellantis Turnaround Sputters
The promised turnaround at Stellantis all but sputtered out during the first quarter as sales in the U.S. dropped by double digits. With the search for a new CEO still ongoing, the Euro-American automaker struggles to find its direction, reports Headlight.News.
U.S. Car Sales Soar in March as Buyers Raced to Beat Trump Tariffs
Sales of new vehicles in the U.S. climbed sharply during March as buyers rushed to get in their orders before the tariffs clamp down on the automotive trade. The threat of a recession is also expected to weigh on an industry sensitive to economic trends going into April.
Tesla Founder Straubel High on the List as Disgruntled Investors Demand Automaker Replace Musk
A growing number of investors, including some of Tesla’s traditional bulls, are pressing the automaker to replace CEO Elon Musk despite the rebound in the company’s stock this week. That has led to growing speculation over who might come in to replace him, with founder and former tech chief J.R. Straubel in the spotlight. Headlight.News has more.
Missing $1.4 Billion Brings Tesla’s Accounting of Assets and Spending Under New Scrutiny
The accounting of Tesla’s capital spending and assets, particularly what appears to be a missing $1.4 billion, are prompting new questions about spending by the company and its uber-wealthy CEO Elon Musk.
March U.S. Auto Sales Sputter Along
Sales of new vehicles held steady in February as Kia, Hyundai, Genesis, Subaru, Mazda and Honda all reported modest sales increases. But two of the largest automakers to report for the month, Toyota and Ford, delivered disappointing results. And Tesla’s numbers continued to show the impact of growing resistance to CEO Elon Musk and his role in the Trump administration. Headlight.News has more.