Tesla’s second-quarter sales surged by more than 20%, far exceeding Wall Street expectations. But China’s BYD handily maintained its global lead in EV sales. And that sent Tesla shares on a sharp decline.
Tesla’s second-quarter sales surged by more than 20%, far exceeding Wall Street expectations. But China’s BYD handily maintained its global lead in EV sales. And that sent Tesla shares on a sharp decline.
It’s become an almost daily occurrence, new vehicle prices setting a new record only to have it topple in short order. And that’s likely to keep at least one million potential buyers out of the market this year. Still, bargain hunters can find some deals, reports Headlight.News.
Has Ford Motor Co. finally found the formula to fix its long-running quality headaches? That just might be the case based on the latest J.D. Power Initial Quality Study. The Detroit automaker had a huge drop in “things-gone-wrong” this year, handily besting its mainstream rivals and nearly reaching the top of the IQS quality chart overall. Headlight.News has more.
Volkswagen is preparing what may become the largest restructuring in its nearly 90-year history, a move that could see as many as 100,000 workers lose their jobs as four German plants close. The move is blamed on its weakening position against domestic Chinese brands like BYD and Geely, reports Headlight.News.
Hyundai rolled out an all-new version of the compact Elantra sedan and it grows longer while adopting a more radical design language, inside and out. It will also offer a new hybrid among drivetrain options. When will it come to the U.S.? More from Headlight.News.
The Trump administration banned Polestar from selling vehicles in the U.S. after the 2026 model year, the automaker said Thursday, the result of the Trump administration’s crackdown on connected vehicle technology from China where the EV brand’s parent is based. More from Headlight.News.
EV start-up Slate’s little pickup will debut at a starting price of $24,950 later this year, well below any other all-electric truck now on the market. And, in its bid to change the EV price equation, the Bezos-backed automaker just might be showing the rest of the industry how to take on the “existential threat” posed by Chinese brands like BYD and Geely. But are buyers ready for what it’s offering at a time when EV sales have taken a big hit?
Automakers are coming under increasing pressure to move production to the U.S. – with hefty tariffs penalizing not only products imported from abroad but those built in the States using foreign parts. Which products are the most “American-made”? A new study finds Tesla and Jeep at the top of the list, though Japanese brands make up six of the top 10 spots, reports Headlight.News.
Jaguar confirmed plans to reveal its new Type 01 grand touring vehicle during a launch event in New York in October. The $150,000 all-electric model is more than just the most important Jaguar in decades. It could determine whether the brand has any future, reports...
The Iran War has left the U.S. military with a depleted stockpile of weapons – even while revealing there’s an entirely new form of warfare. Yet that has the Pentagon reaching into its past and could see Detroit’s automakers emerge as a modern version of the “Arsenal of Democracy” that played a critical role in winning World War II. Headlight.News has more.
Gas prices have dipped below $4 a gallon – but are still well above what the average American motorist paid prior to the Iran War. And they could stay elevated for some time, reports Headlight.News.
Auto insurance rates have gone up sharply this decade and the question is why premiums have risen so quickly. Pres. Trump points to illegal immigration. But that doesn’t appear to be matched by the data. Headlight.News has more.