Ford set a new revenue record during the third quarter, and beat Wall Street predictions for their results. However, supplier issues forced the automaker to cut its full-year earnings guidance. Get details at Headlight.News.
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Stellantis Latest to Pause Production as Shortages Again Threaten to Cripple Auto Industry
Stellantis has temporarily halted production at a Jeep plant in Warren, Michigan, even as three Ford plants sit idle. All face a shortage of aluminum due to a fire at a supplier plant. Meanwhile, automakers are beginning to fret there could be more closures coming across the industry due to semiconductor shortages – repeating a crisis that cast the industry millions of vehicles in lost production during the COVID crisis. Headlight.News has more.
Slowing Sales Means We Won’t Be Seeing These EVs in the U.S.
Ferrari on Thursday revealed details about its first battery-powered model, the Elettrica. But the Italian automaker is delaying a second EV. And it’s not alone. Ford has scrapped several all-electric models, while Nissan pulled the plug on the 2026 Ariya. Acura just ended production of the ZDX and Stellantis has abandoned the all-electric Ram REV. Those are among a growing list of planned EVs that no longer will make it into production — or will be substantially delayed. Here are some of the others.
Tesla May Reveal “Affordable” Version of Model Y Today
Tesla CEO Elon Musk earlier this year promised to bring to market a more affordable EV and, with federal tax credits having ended last week this may be the perfect time to roll it out. The automaker’s account on X teased what could be a new, lower-cost version of the Model Y expected to debut on Tuesday. Headlight.News has more.
Automakers Come Up With Their Own EV Deals to Offset Lost Federal Tax Credits
While federal EV tax credits expired on September 30, automakers hope to maintain sales momentum – or, at the least, head off a threatened slump – with makers like Hyundai, GM and Ford coming up with deals of their own, including big price cuts and incentives matching the lost federal tax credits. They could help boost demand, according to a new Harris poll. More from Headlight.News.
It’s No Longer “If,” But “When” Chinese Automakers Will Crack Open the U.S. Market
Tariffs enacted by Presidents Joe Biden and Donald Trump effectively closed the door on auto imports from China – only a few products now entering the U.S. But, despite the current hefty tariffs, observers expect that the Trump administration will soon open the American market up to Chinese products, while also encouraging manufacturers like BYD and Geely to set up U.S. manufacturing operations. While American motorists would likely welcome vehicles like the $20,000 BYD Dolphin, this could pose an “existential threat” to traditional automakers, reports Headlight.News.
Dodge May Drop 900-hp Charger Banshee While Other Electrified Stellantis Models Are Also at Risk
Stellantis is backing away from its aggressive electrification plans. It’s already abandoned the all-electric Ram REV pickup and a plug-in hybrid version of the Jeep Gladiator. Now, it appears, the 900-hp Dodge Charger Banshee could be among other battery-based models set to be axed. Headlight.News has more.
Stellantis Finally Pulls Out of its Sales Slump – But Federal Shutdown Weighs Over the Entire Industry
Strong sales by the Jeep and Ram brands helped Stellantis reverse its long sales slide during the third quarter, even as Volkswagen faltered in the face of a challenging economy. While U.S. auto sales are running stronger than expected, analysts still worry about the impact of tariffs and the federal government shutdown in the months ahead.
Record EV Demand Charged Up U.S. Auto Sales in September
U.S. auto sales took a sharp upturn in September, largely driven by charged-up demand for other electrified vehicles. General Motors and Ford were among the manufacturers reporting record EV numbers for the month, motorists racing to take advantage of federal tax credits before they expired at the end of the month. Headlight.News has more.
Federal Incentives End Today – What Happens to EV Sales Now?
Car dealers across the country have been busy writing up new orders for battery-electric vehicles in recent weeks, shoppers racing to take advantage of federal tax credits that expire on Sept. 30. But what happens come October 1? Will demand wither away? Headlight.News has more.
Ford Latest Recall: A Dangerous Steering Defect
Ford has now topped 110 recalls this year, but the latest could be one of the most serious, the automaker warning owners of 115,000 Super Duty pickups that they could face a dangerous defect leading to a complete loss of steering control. Headlight.New has more.
Toyota is the Latest With Major Recall for Faulty Digital Displays
Now it’s Toyota’s turn. The automaker is recalling nearly 600,000 vehicles sold under both the Toyota and Lexus badges because their digital instrument panels can fail. Similar problems have plagued its competitors this year, notably Ford, reports Headlight.News.