Almost a month after confirming plans to launch a rotary-powered sports car based on its Iconic SP sports car, Mazda CEO Masahiro Moro has offered more insight into what it expects to bring to market – and it means the eventual vehicle might be both smaller and more powerful than originally expected, especially for the U.S. market.
Workers at Volkswagen’s German operations walked off the job Monday. The 120,000 members of trade union IG Metall took to the streets to protest the automaker’s plans to pair back its home market operations, a move that could see it shutter as many as three assembly lines.
A Delaware judge has again rejected the $56 billion payout for Tesla CEO Elon Musk, even after shareholders voted to reinstate the package earlier this year. But even if the ruling is upheld, the South African-born entrepreneur and confident to President-elect Donald Trump is expected to remain the world’s richest man.
With CEO Carlos Tavares resigning “with immediate effect,” and no successor in sight, Stellantis could face even more trouble trying to resolve the problems that saw its sales, earnings — and stock price tumble so far this year. The lack of a chief executive officer also comes at a time when the Euro-American automaker is set to launch an assortment of critical new products, including the first all-electric Jeep and Ram models aimed at the U.S. market.
Stellantis CEO Carlos Tavares resigned unexpectedly on Sunday, the automaker saying “different views have emerged” in recent weeks as the Euro-American automaker struggled to come up with a way to reverse weakened sales and earnings. No immediate successor was named, though it appears that the automaker’s Chairman John Elkann effectively will take control until a replacement is named. This is a breaking story. Headlight.News will have a longer analysis shortly.
If the Trump administration moves forward with plans to end federal EV tax credits California Gov. Gavin Newsom plans to activate state rebates to help maintain the state’s role as the biggest market for battery-electric vehicles. But there’s a catch: the governor plans to initiate a market cap that would likely exclude the state’s best-selling EV brand: Tesla.
It’s an iconic part of the Detroit skyline but, with General Motors moving its headquarters to a downsized alternative the fate of the massive Renaissance Center complex has been uncertain, some calling for its demolition, others hoping to find an alternative use. Now, GM is looking at a solution that’s a bit of both as it proposes a massive new “waterfront destination.”
As if you don’t pay enough in bridge and tunnel tolls to drive into Manhattan, things are about to get even more expensive for commuters and other visitors to New York City as the Big Apple launches a new $9 congestion fee starting January 5, 2025.
Today’s cars are safer than ever, or so they should be considering all the active and passive safety equipment onboard. But that isn’t necessarily so and, surprisingly, some of the best-equipped products don’t fare all that well when you check federal data. Case in point? Tesla turns out to have the industry’s highest fatality rate, according to a new study.
Months after Volkswagen revealed interest in bringing its sporty Cupra brand to the U.S. market it has taken a critical step closer to making that happen before the end of the decade. It’s begun talks with the Penske Automotive Group which could partner on the launch.
This week’s LA Auto Show may be more low-key than in some years — but Kia heated things up with three debuts on Thursday, including updates to the Sportage SUV and EV6. It also rolled out a new GT version of its three-row EV9.
Battery power appears to have electrified the jurors of the North American Car, Truck and SUV of the Year awards. Eight of the nine finalists are offered in all-electric or hybrid form. Here’s who’s on the list.