With the arrival of Donald Trump in the White House, many expect it’s simply a matter of time before the $7,500 tax credits for buying qualifying electric vehicles are history. However, some Republicans are moving in the opposite direction, calling for a one-time, $1,000 tax on new EVs. Find out why they may not be out of line at Headlight.News.
While new vehicle sales were up on a year-over-year basis in January, it wasn’t because automakers or lenders made it easier on buyers, according to new data released this week. The average transaction price rose 1.3% compared to last January. Get details at Headlight.News.
Despite efforts by automakers to improve their relationships with President Donald Trump prior to and immediately after he took office last month, they can’t seem to escape the impact of his trade policies, the latest being a 25% tariff on steel and aluminum imports into the U.S. Find out what’s happening at Headlight.News.
Best known for producing iPhone, Taiwan-based Foxconn is making a play for Nissan Motor Co. now that its merger talks with Honda are dead. It’s not the first time the company’s attempted to gain a stake in the Japanese automaker. Find out more at Headlight.News.
Ford turned around its fourth-quarter earnings, moving from a loss to $1.8 billion in net income, pushing the company to a new benchmark for full-year revenue of $185 billion. The automaker also forecast lower earnings for 2025. Get details at Headlight.News.
Results from a new study from the Insurance Institute of Highway Safety temper the belief that many vehicle owners hold: Bigger is better. Not exactly, the group claims, after the new study shows that the occupants in the larger vehicle aren’t as safe from harm as they used to be. Find out more at Headlight.News.
The primary complaint of electric vehicle owners and potential buyers has shifted from the lack of range to a lack of chargers. In the wake of that move, several companies are rushing to fill the void, including Ionna, which now moving from its public beta stage to a full-scale national expansion. Get details at Headlight.News.
Stellantis continued its quest to put the right executives in the right jobs, in the wake of former CEO Carlos Tavares’ early exit late last year. The biggest change was having current Americas Regions COO Antonio Filosa take on the role of global leadership of Quality. Filosa remains a candidate to succeed Tavares, as well. Get details at Headlight.News.
Is it a car? Is it a motorcycle? The Polaris Slingshot is pure, unadulterated fun on three wheels, and the company best known for snowmobiles and ATVs made more improvements to the three-wheeler for 2025. Headlight.News has details.
Not long after General Motors revealed it was getting of its autonomous driving subsidiary, Cruise, Waymo is expanding the number of its testing cities and Tesla CEO Elon Musk made the technology part of his rosy forecast for 2025. Will self-driving cars make it or not? Get details at Headlight.News.
After reporting its first-ever year-over-year sales decline, Tesla Inc. fell short Wall Street analysts’ expectations, but after-hours investors seemed happy with the overall message from the EV maker, pushing the stock up in post-bell trading. Get details at Headlight.News.
General Motors finished 2024 strong. It beat analysts’ estimates for nearly every metric they examine. So why is the Detroit-based automaker watching its stock slide nearly 10% in the wake of all that positive news? Ignoring the obvious. Get details at Headlight.News.