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.
Stellantis
Plunging $2.7 Billion into the Red, Stellantis Expects Even Bigger Hit from Trump Tariffs Later This Year
Stellantis reported a preliminary loss of $2.7 billion for the first half of 2025 – and the second half is looking to be even worse, the automaker warned Monday, putting much of the blame on Pres. Donald Trump’s automotive tariffs. Add program cuts and other issues and it creates some big challenges for new CEO Antonio Filosa. More from Headlight.News.
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.
Stellantis Revives its SRT Performance Division Among Other Moves by New CEO
New Stellantis CEO Antonio Filosa isn’t wasting time. He’s shaking up the automaker’s executive ranks – the latest move seeing Ram boss Tim Kuniskis expand his roll to include North American Marketing and Retail Strategy – while also reviving the old Street and Racing Technology division better known simply as SRT. 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.
Next-Gen Kia Telluride May Adopt Range-Extender Powertrain
While automakers may be slowing down plans to rush all-electric models to market they’re still looking for ways to meet increasingly stringent emissions and fuel economy regulations. In the case of the next-generation Telluride, Kia appears to be looking at range-extender technology that could let the 3-row SUV operate in all-electric mode during daily commutes, but keep going without having to plug back in on longer trips. Headlight.News has more.
New Stellantis CEO Filosa Could Take Home $23 Million a Year – If He Can Pull Off a Turnaround
Anthony Filosa, the new CEO of Stellantis, won’t officially begin his new role until the end of this month but, despite all the challenges he will face, he’s already got something to look forward to. The Italian-born executive will get a lucrative contract with an escalating pay scale that would allow him to take home as much as $23 million a year in pay and bonuses by 2028. That’s if he can deliver the much-needed turnaround for the struggling Euro-American automaker. Headlight.News has more.
Ram Returns to NASCAR After a Dozen Years
NASCAR’s Craftsman Truck Series will be getting a bit more competitive. For the first time in 12 years, it will have an entry from Ram lining up in the starting grid. The announcement comes as part of an aggressive push by the Stellantis truck brand to turn around a sharp tumble in sales. More from Headlight.News.
Turning 100, Chrysler’s Ready to Bet the Brand on New Product Launches
As it celebrates its 100th anniversary, Chrysler is a brand struggling to survive. Down to just one nameplate, it’s fallen off the radar for many American motorists and that’s fueled rumors it could be cut by Antonio Filosa, the new CEO of parent Stellantis. But...
The Pace of New Vehicle Development “Has Slowed to a Crawl” – Bad News for Buyers
The number of all-new models coming to market over the next four years is predicted to drop sharply as manufacturers around the world cut back on investments. That will be particularly obvious in the EV market as the industry shifts back to internal combustion, according to the latest annual “Car Wars” study.
All-Electric Mercedes G-Class “Sitting Like Lead at Dealers”
The all-electric Mercedes-Benz G-Class is a “complete flop,” according to one executive. The slow sales of the battery model raises concerns about not only the German automaker’s expansive EV program but about demand for battery-electric vehicles, in general. More from Headlight.News.
The $40,000 Truck is “Dead” – But Ram’s EV and Midsize Truck Are Still Coming, Says CEO
New vehicle prices are near record levels, especially in the full-size truck market. But don’t expect Ram to bring back the cut-rate Classic version of the big 1500 model. “The $40,000 truck is dead,” said CEO Tim Kuniskis during a background briefing on Tuesday. Kuniskis recently returned to Ram after a brief “retirement,” and said the brand will make 25 product-related announcements in the coming months, and that’s likely to include more on a new midsize pickup, as well as details on the rollout of both the EV and range-extender versions of its full-size Ram 1500. More from Headlight.News.