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Auto Prices Going Up, Even Before Tariff Hit

Auto Prices Going Up, Even Before Tariff Hit

Millions of American motorists have been rushing to buy before the Trump auto tariffs take hold. But automakers and auto dealers were already driving up transaction prices even before the sanctions went into effect on May 3, despite White House claims prices won’t rise. If anything, costs are going to continue going up, reports Headlight.News.

Trump Tariffs Likely to Drive Budget Buyers Out of New Car Market – And Kill Off Half of All Entry Models

Trump Tariffs Likely to Drive Budget Buyers Out of New Car Market – And Kill Off Half of All Entry Models

If you’re a luxury buyer, Trump’s auto tariffs are likely to have little more impact than raising your monthly payment. Buyers on a tight budget are likely to be driven out of the new vehicle market, industry analysts warn, while half of the entry-level models now available in U.S. showrooms are likely to vanish. Tariffs, it turns out, will impact all motorists, even those not looking for a new vehicle, by raising costs for service and repairs – and even insurance. Headlight.News reports.

April Sales Surge as Buyers Rush to Beat Tariffs – But Trouble Looms Ahead

April Sales Surge as Buyers Rush to Beat Tariffs – But Trouble Looms Ahead

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.

Trump Tariffs Expected to Cost GM $5 Billion as Automaker Revises 2025 Forecast

Trump Tariffs Expected to Cost GM $5 Billion as Automaker Revises 2025 Forecast

General Motors revised its full-year financial forecast and said the auto tariffs put in place by Pres. Donald Trump could cost it as much as $5 billion this year – despite the White House move this week to offer automakers some modest relief. As a result, it expects to see sales, revenues and net income fall sharply when compared to its original forecast for 2025. More from Headlight.News.

Backed By Amazon Money, the Era of the Affordable EV Has Arrived

Backed By Amazon Money, the Era of the Affordable EV Has Arrived

Millions of American motorists have been priced out of the new vehicle market, all the more so when it comes to EVs which currently average about $55,000 apiece. But Slate Auto, a new start-up backed by Amazon founder Jeff Bezos, is determined to change that equation. On Thursday, it gave the world a first look at a flexible new, all-electric pickup set to go on sale in 2026. Designed to be extremely customizable, it’s expected to start under $20,000 when you factor in federal EV tax credits. Headlight.News was there for the big debut.

Tesla’s Entry EV Now Slated to Launch Production in June

Tesla’s Entry EV Now Slated to Launch Production in June

Better late than never? Tesla has spent years debating whether to add a more affordable EV to its existing line-up. It’s finally moving forward and, despite yet another delay, will finally add the vehicle to its line-up in June. Details have yet to be released but it’s expected to be a stripped-down version of Model Y starting at less than $30,000 — with a low-priced take on the Model 3 likely to follow. But will this draw in entirely new buyers or cannibalize sales of Tesla’s existing line-up? More from Headlight.News.

Motorists Becoming More Comfortable With EVs – Though Growth Has Slowed

Motorists Becoming More Comfortable With EVs – Though Growth Has Slowed

Motorists around the world are becoming increasingly comfortable with purchasing and owning EVs, according to a new study, though Americans lag well behind their counterparts in Europe and, in particular, China. Credit the longer range, faster charging and lower costs of newer EV models, consumers told McKinsey & Co. Headlight.News has more.

Tesla’s Affordable EV Once Again Delayed

Tesla’s Affordable EV Once Again Delayed

Tesla has long promised to deliver an “affordable” battery-electric vehicle, but the project has yet again been delayed, according to a new report. With competition coming in the under-$30,000 segment, the delay could add to Tesla’s woes as sales continue to sag, driving down both Tesla’s earnings and stock price. Headlight.News has more.

Tesla Share of California EV Market Drops Below 50%

Tesla Share of California EV Market Drops Below 50%

Tesla sales have fallen all over the world, much of that due to backlash against CEO Elon Musk’s political ties to the Trump administration. Now, the automaker’s share of the bellwether California EV market has dipped below 50%, as competitors draw in EV buyers with a flood of new products.

Genesis Goes to Extremes at NY Auto Show with Elegant X Gran Equator Concept and Endurance Racer

Genesis Goes to Extremes at NY Auto Show with Elegant X Gran Equator Concept and Endurance Racer

Genesis covered two extremes during a preview event at this year’s New York International Auto Show – rolling out the ultra-exclusive X Gran Equator concept, along with a prototype of the GMR-001 Hypercar it’s developing for global endurance racing programs. Headlight.News has more.