General Motors reported a 35% decline in net income for the second quarter of the year, much of that due to the new Trump tariffs which took a $1 billion bite, the automaker reported. More from Headlight.News.
General Motors
Automakers Will Face No Fines for Missing Mileage Targets – and it Wil Cost Tesla Billions
Detroit’s Big Three automakers are among those cheering the Trump administrations decision to end penalties for missing federal fuel economy mandates. Not so Tesla, however. The automaker stands to lose billions of dollars in revenues earned selling mileage credits. Headlight.News explains.
Yet Another Major Ford Recall, This Time for Risk of Fire Involving 700,000 SUVs
It’s been a bad year for Ford Motor Co. – and, in this case, that’s bad for customers who have had to cope with a record flood of recalls. Add to the list another one announced Tuesday covering nearly 700,000 recent SUVs at risk of catching fire. For Ford, the service action will result in a $570 million charge to earnings. More from Headlight.News.
GM Dumps EVs, Will Build Fuel-Hungry Trucks at Michigan Assembly Plant
General Motors will build a mix of light-duty trucks, including the Chevrolet Silverado and Cadillac Escalade, at its Orion Assembly Plant in suburban Detroit, scrapping plans to use that plant to build an assortment of new battery-electric vehicles. The move reflects shifting market demands – and the pressures of the Trump import auto tariffs. Headlight.News has more.
U.S. Auto Sales Stall as Trump Tariffs Take Hold
“The party’s over,” said one key analyst. While domestic carmakers reported a modest upturn boost in sales for June, the U.S. auto market largely stalled out as buyers began pulling back due to price increases caused by the Trump tariffs on imported autos and auto parts. Headlight.News has more on the winners and losers.
“Used” EV Batteries Are Going to Keep the Grid Powered Up
Between heat waves and major storms, the number of blackouts and brownouts has increased sharply in recent years, but a start-up launched by a former Tesla exec plans to use as many as 100,000 old EV batteries in “second-like” backup energy storage systems to minimize the risk of grid outages. More from Headlight.News.
A Wave of Senior Execs Exit As Tesla Sales Plunge
Yet again, Tesla sales stumbled by double-digits in May, marking the fifth monthly decline in a row. Meanwhile, the man appointed to run operations and sales in Europe and the U.S. has left the automaker, as has its head of human resources. Tesla has seen a flood of senior execs leave in recent months, including the head of its Optimus robot program. But it did manage to snag the former head of autonomy from GM’s now shuttered Cruise subsidiary.
Lexus, Nissan, GM Rise to the Top in 2025 J.D. Power Initial Quality Study
Looking for the brands delivering the highest levels of initial quality? Lexus and Nissan rose to the top in this year’s J.D. Power Initial Quality Study, while General Motors had more top-ranked models than any other manufacturer. There were some surprises in this year’s IQS by Jaguar and Ram. But, yet again, motorists pointed to onboard technology as the biggest source of trouble. More from Headlight.News.
Cadillac Delivers 1st $340,000 Celestiq EV
Cadillac’s pushed into new territory with the delivery of its most expensive model ever. It just so happens that the new Caddy Celestiq is also the luxury brand’s latest battery-electric vehicle. More from Headlight.News.
The “Ultimate American Hypercar”? Chevy Reveals Corvette ZR1X
With the 2020 launch of the mid-engine Corvette Stingray, Chevrolet finally delivered the sort of sports car even fans of exotic European brands couldn’t ignore. Now, the bowtie brand is ready to take things to a new level with the Corvette ZR1X, a hybrid hypercar promising to outperform competitors like Aston, Ferrari and even Bugatti. More from Headlight.News.
Tesla Takes Top Four Spots in American-Made Index
This year’s annual American-Made Index from Cars.com saw the Tesla Model 3 rise to the top of the list, followed by the rest of the Tesla lineup. Last year’s winner was the Model Y so this is getting to be old hat for the brand. However, the big surprise was what company didn’t have a vehicle in the top 20. Go to Headlight.News to find out which Red, White and Blue touting company didn’t make the grade.
Rotary Redux? Mazda Close to Reviving the Wankel Engine – But Not as You Remember It
When Mazda pulled the plug on the RX-8 back in 2012 it was more than just the end of a production for a slow-selling sports car, it marked the end of the line for the rotary engine. But the once promising technology, more promising known as the Wankel engine, may be ready to make a comeback. But it will function in a distinctly different form than it did in the past, according to Mazda’s CEO. More from Headlight.News.