The new Toyota bZ3X is, at less than $20,000, the sort of affordable EV American motorists are craving. The problem is you can’t have it. Not unless you’re thinking about moving to China. But it’s certainly connecting with motorists in the People’s Republic. And it might offer some insight into the sort of product Toyota just might eventually be able to come up with for the U.S.
“I bought this after Elon went crazy.” We’ve seen plenty of bumper stickers like that, lately, but this one was on the back of a Kia EV3, found in a snarky Instagram post by Kia’s Norwegian subsidiary. And, it seems, many Tesla buyers may be listening. A growing number of them are trading in as backlash grows against CEO Elon Musk’s turn to the political right. Protests are growing at Tesla dealerships around the world, one showroom in France firebombed. Here’s more.
Nissan has again shaken up its top management team, this time appointing Ivan Espinosa as its new CEO. He replaces Makoto Uchida who, critics said, failed to reverse the ongoing decline of Japan’s second-largest automaker. The automaker’s chairman warned the new chief executive will face a “challenging start” during a Tokyo news conference that also revealed a number of other senior management changes.
The battle of the behemoths got even hotter this year with the launch of the Ram 1500 RHO. But there are always some folks who want to take things up another notch and add a unique level of customization. That’s precisely what Mopar has in mind with a special-edition...
The bulls are still, well, bullish, when it comes to Tesla stock, but the rest of Wall Street seems increasingly nervous and that’s cost the EV maker fully half of its market capitalization since reaching a mid-December, post-election high. And one man appears to catch most of the blame: CEO Elon Musk. More from Headlight.News.
Jaguar delivered a shock with the electric concept vehicle it recently revealed. The electric GT will mark the beginning of the British brand’s planned revival – and transformation into a battery-electric brand. Jaguar CEO Rawdon Glover has revealed more details about...
President Donald Trump on Wednesday said he would delay by a month new tariffs covering Canadian and Mexican auto imports. But even with that delay, the industry is waiting to see if Trump will next move to target additional trade partners. Trump has already hinted that European automakers could be next in his sights. More from Headlight.News.
Little more than a day after announcing plans to enact 25% tariffs on goods imported from the Mexico and Canada, Pres. Donald Trump threw a temporary lifeline to the auto industry by granting a one-month reprieve on automotive parts and vehicles. But the threat remains that sanctions could still follow if the U.S. can’t reach resolution with its two neighbors and leading trade partners – something Ford CEO Jim Farley warned “would blow a hole in the U.S. industry.”
Did the U.S. State Department craft a $400 million windfall deal for Tesla and its CEO Elon Musk as payback for the executive’s leading role in the Trump administration? And is it now trying to cover up the truth behind the proposed purchase of armored versions of the Tesla Cybertruck? That’s a question one ranking member of the Senate is trying to find out.
While other manufacturers may be rethinking their EV strategy, Volvo is charging ahead, on Wednesday revealing the latest entry to its all-electric line-up, the new ES90. The design doesn’t readily fall into any one category, whether sedan, hatchback or even crossover. But Volvo is betting its roomy and well-appointed interior, as well as lightning-fast charging and extended range of more than 430 miles will help win over new buyers.
In this week’s episode of the podcast we talk about Trump tariffs and how they will affect the automotive industry. A shakeup is also coming to Nissan and Tesla stock continues to slump downward. We also look at lowering used car prices before finally making a detour to take a look at This Week in Automotive History.
President Donald Trump, as expected, launched new tariffs targeting Canada and Mexico while also increasing prior tariffs on China. All three countries responded with their own trade sanctions. The tariff war will increase prices on everything from avocados to semiconductors but economists warn few consumer goods will feel the heat more than automobiles – some models set to see price hikes of $12,000 or more. At a time when sticker shock is already impacting sales, analysts fear the U.S. auto industry could see sales and profits tumble – while job cuts also could be in the offing.