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Musk Faces Growing Opposition to $56B Pay Deal Ahead of 6/13 Vote

Musk Faces Growing Opposition to $56B Pay Deal Ahead of 6/13 Vote

A growing number of investors have announced they will vote against the $56 billion pay package Tesla’s board of directors wants to give CEO Elon Musk – though the South African-born executive insists he has lined up enough support for the proposals approval during a shareholder’s meeting this week. What happens if the plan is rejected? Musk already has fired a warning shot.

Automakers Moving New Vehicles, But Toyota’s Actually Selling Them, Report Says

Automakers Moving New Vehicles, But Toyota’s Actually Selling Them, Report Says

Automakers continue growing a previously tight inventory of new vehicles. Having these vehicles on dealer lots gives consumers more choices — choices that turn into purchases eventually. New vehicle movement hit 1.2 million vehicles in May, which is a good sign. However, which automaker is building inventory, and which is selling vehicles is the key differentiator. Get details at Headlight.News.

No EV Slowdown for GM, May Brought “Best Month Ever,” Says CEO Barra

No EV Slowdown for GM, May Brought “Best Month Ever,” Says CEO Barra

The growth of the U.S. EV market may be slowing for the auto industry overall, General Motors sales were charged up, according to CEO Mary Barra, who said the automaker had its “best month ever” in May. But the automaker is still ready to adjust its electrification plans.

From Ruin Porn to Automotive Technology  Hub: Michigan Central Station Reborn

From Ruin Porn to Automotive Technology  Hub: Michigan Central Station Reborn

It didn’t take long for the old depot to fall into ruin after the last Amtrak train departed on January 6, 1988, becoming the iconic symbol of Detroit’s decline. But later today, a sold-out ceremony will mark its rebirth as part of a nearly $1 billion project launched by Ford Motor Co. Michigan Central Station has become the centerpiece of a new campus focused on the development of advanced automotive technologies.

First Drive: 2025 Toyota Crown Signia – Wagon, SUV or Something Entirely New?

First Drive: 2025 Toyota Crown Signia – Wagon, SUV or Something Entirely New?

Station wagon or SUV? The 2025 Toyota Crown Signia is a bit of both. Offered only in hybrid, all-wheel-drive form, it’s the second model to wear the Crown badge as part of a new Toyota sub-brand. The Signia is just rolling into U.S. showrooms and Headlight.News offers this first drive review.