Automakers suffered saw a sharp drop in electric vehicle sales during October as federal EV tax credit ended. But even sales of gas models leveled off as prices, driven higher by Trump’s auto tariffs, drove many mainstream buyers out of the market. As Headlight.News reports, the industry has become more dependent than ever on affluent households for new sales.
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.
Hyundai plans to locally produce 80% of the vehicles it sells in the U.S., the automaker announced Thursday. As part of a $55 billion global investment program it will spend $2.7 billion to expand the electrified vehicle plant near Savannah, Georgia hit by an ICE raid two weeks ago, boosting its production capacity to 500,000 vehicles annually. More from Headlight.News.
South Korea’s foreign minister headed to the U.S. Monday morning to move forward with plans to release hundreds of South Korean nationals arrested last week while working on the construction of a $7.6 billion Hyundai battery plant in Georgia. The move came just days after the Korean carmaker upped investment plans for the U.S. to $26 billion — and threatens to chill relations between the U.S. and one of its staunchest allies. Headlight.News has more.
Strong sales of electric and electrified vehicles boosted overall U.S. auto sales during August, with manufacturers including Hyundai, Kia, Genesis, Toyota and Ford Motor Co. and Honda reporting solid gains and, in some cases, record sales. More from Headlight.News.
Hyundai Motor Group will invest $26 billion in the U.S. market, the automaker announced, a $5 billion increase from the figure it announced earlier this year. The increased budget will be used to expand the groups presence in the steel and robotics industries, as well as to expand its automotive operations. More from Headlight.News.
EV sales will “flatten considerably” once federal tax credits expire at the end of September, according to a new study. Even with more affordable models coming to market, EV market share will be nearly half what was previously expected before Congress voted to eliminate the incentives. Hoping to clear out inventory before then, automakers have launched a variety of deals that could put some buyers behind the wheel of an EV for less than $100 a month. More from Headlight.News.
The big names in the midsize luxury car segment, Mercedes-Benz and BMW, as well as Lexus, often crowd out the others that wrestle for the scraps left over — no matter how good they may be. If you’re looking at a Mercedes E-Class or BMW 5 Series, make sure you add the highly underrated 2025 Genesis G80 3.5T Sport Prestige to your “must drive” list. Check out our review to find out why.
Automakers, especially Asian brands, posted healthy sales for July. But the pace is expected to slow as the economy turns sluggish from Trump’s tariffs and as unemployment begins to climb.
Every now and then, a supremely excellent vehicle hides in the shadows. Such is the case with the 2026 Genesis GV70 3.5T Sport Prestige AWD. While so many small luxury SUVs fight for the attention of buyers, the GV70 seemingly sits quietly, waiting for you to look its way and recognize just how good it is. We found out during our weeklong drive, and you can read about it at Headlight.News.
Buyers worried about future price increase under Trump tariff plans kept dealers busy during April. But momentum is expected to sputter out when sanctions go into effect on May 3, potentially raising vehicle prices by thousands of dollars. Headlight.News has more.
As buyers snap up unsold vehicles, Ford cautions dealers prices will be going up as the result of the new Trump auto tariffs. And other manufacturers say they likely will follow. More from Headlight.News.