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Paul Eisenstein

Auto Prices Going Up, Even Before Tariff Hit

Auto Prices Going Up, Even Before Tariff Hit

Millions of American motorists have been rushing to buy before the Trump auto tariffs take hold. But automakers and auto dealers were already driving up transaction prices even before the sanctions went into effect on May 3, despite White House claims prices won’t rise. If anything, costs are going to continue going up, reports Headlight.News.

VW ID.Buzz Recalled: Feds Say the 3rd Row is Too Roomy

VW ID.Buzz Recalled: Feds Say the 3rd Row is Too Roomy

Volkswagen has been ordered to recall all of the new ID.Buzz microvans it’s sold in the U.S. because, says NHTSA, the third row is too roomy. According to the feds, that makes it too easy to squeeze a third passenger into the back row though it doesn’t have three seatbelts. That’s one of two new recalls that have forced VW to temporarily halt sales and deliveries of the new EV. Headlight.News explains.

Toyota Teaming Up With Waymo on Autonomous Vehicles

Toyota Teaming Up With Waymo on Autonomous Vehicles

Waymo and Toyota are teaming up. The Japanese giant will help develop a new autonomous vehicle platform for the Google spin-off which has become the U.S. leader in driverless ride-sharing technology. The announcement comes days after VW and Uber revealed their own autonomous alliance. More from Headlight.News.

Trump Tariffs Likely to Drive Budget Buyers Out of New Car Market – And Kill Off Half of All Entry Models

Trump Tariffs Likely to Drive Budget Buyers Out of New Car Market – And Kill Off Half of All Entry Models

If you’re a luxury buyer, Trump’s auto tariffs are likely to have little more impact than raising your monthly payment. Buyers on a tight budget are likely to be driven out of the new vehicle market, industry analysts warn, while half of the entry-level models now available in U.S. showrooms are likely to vanish. Tariffs, it turns out, will impact all motorists, even those not looking for a new vehicle, by raising costs for service and repairs – and even insurance. Headlight.News reports.

Trump Tariffs Expected to Cost GM $5 Billion as Automaker Revises 2025 Forecast

Trump Tariffs Expected to Cost GM $5 Billion as Automaker Revises 2025 Forecast

General Motors revised its full-year financial forecast and said the auto tariffs put in place by Pres. Donald Trump could cost it as much as $5 billion this year – despite the White House move this week to offer automakers some modest relief. As a result, it expects to see sales, revenues and net income fall sharply when compared to its original forecast for 2025. More from Headlight.News.

Tesla Calls “Absolutely False” Reports Board Looking to Replace Musk

Tesla Calls “Absolutely False” Reports Board Looking to Replace Musk

Tesla denied reports the company’s board has begun searching for a replacement for CEO Elon Musk. The South African-born entrepreneur has come under increasing fire due to his ties to the Trump administration, leading to a sharp slump in Tesla sales and earnings and calls by some leading investors to find a new chief executive. Headlight.News has the latest.

Stellantis Suffers Another Revenue Slide – Joins Automakers Suspending Forecasts Due to Trump Tariffs

Stellantis Suffers Another Revenue Slide – Joins Automakers Suspending Forecasts Due to Trump Tariffs

Stellantis reported Wednesday a 14% slide in revenues for the first quarter. The Euro-American automaker had previously forecast a turnaround later in the year but said during a webcast it was suspending future guidance in the face of Pres. Trump’s new auto tariffs. It joins GM and Mercedes in warning that sales and earnings could be at risk. More from Headlight.News.

GM Recalls Over 700k Pickups, SUVs to Repair Failing Engines

GM Recalls Over 700k Pickups, SUVs to Repair Failing Engines

General Motors dealers are gearing up to handle a massive new recall that will require them to repair or replace more than 700,000 V-8 engines in the automaker’s biggest pickups and SUVs, including the Cadillac Escalade and Chevrolet Silverado. More from Headlight.News.

Tesla Trade-in Prices Post Industry’s Largest Decline

Tesla Trade-in Prices Post Industry’s Largest Decline

Looking for a good deal on a used vehicle? The price for a previously owned Tesla Model S posted the industry’s biggest year-over-year decline, according to dealer sales records. Tesla products, on the whole, have plunged in value as backlash grows to CEO Elon Musk’s role in the Trump administration. Headlight.News has more.