Tesla stock wracked up its sixth straight loss on Thursday, reaching its lowest point since the automaker’s shares surged in the wake of the 2024 presidential election and CEO Elon Musk’s close ties to Donald Trump. Musk’s role in the new Trump administration has been a key factor in the downturn, but analysts warn of other issues that could make it difficult for Tesla to bounce back.
Of all the Japanese brands now available in the U.S., Mitsubishi is the one most likely to run under the radar for most buyers. But for those looking for a three-row SUV, it’d be a mistake to ignore the Mitsubishi Outlander. Surprisingly well-equipped, it is also one of the most affordable models in its segment. If anything, it becomes an even bigger bargain for 2025 with a modest mid-cycle update, as Headlight.News discovered during a day’s drive in and around Los Angeles. Here’s our review.
Who says the EV market is on the wane? Not U.S. consumers who bought a record number of all-electric cars, trucks and crossovers last month, according to the latest data. In January, battery-electric models accounted for 9.1% of the market, up nearly nine-fold over the last half-decade, despite the anti-EV push by the new Trump administration. Headlight.News has more.
Volkswagen released a pair of sketches showing off a new concept dubbed the ID.EVERY.1. They reveal the direction the German automaker plans to take when it launches a new, entry-level battery-electric vehicle in 2027. But what else have we learned about the show car and ID.1 production model to follow? Headlight.News has more.
Automakers and auto buyers could face new import tariffs, based on comments made by Pres. Donald Trump. Such a move would drive up costs not only for foreign-made vehicles but likely also will impact many of those assembled in the U.S. as most of those rely on imported parts and components. With the average transaction price for new vehicles already near record levels, analysts warn, many buyers could be priced out of the market. And, with some trade partners already warning they would strike back with new tariffs of their own, U.S. auto exports may also take a big hit.
Audi becomes the latest car brand to confirm it’s moving upmarket with its models as the brand attempts to add a jolt to slumping sales.
New sketches suggest Volkswagen is preparing smaller EVs to win over budget minded buyers.
Pres. Donald Trump’s administration ordered a halt to a Biden-era program meant to provide $5 billion in funding for a nationwide network of EV charging stations. It’s the latest step by the White House to curtail EV adoption. But this program could hurt one of the most powerful men in Trump’s inner circle, Tesla CEO Elon Musk, who also runs the new Department of Government Efficiency.
Pres. Donald Trump has warned he may announce tariffs of up to 25% against two major trade partners, Canada and Mexico, as early as Saturday, February 1. Additional tariffs targeting China may also be announced. The potential impact could be felt far and wide — especially in the auto industry, with manufacturers facing a threat to profits and consumers facing the risk of higher prices. Some familiar vehicles could also disappear from the market, especially entry-level models.
Toyota Motor Corp. remains the world’s best-selling automaker, having edged out competitors including Volkswagen, Hyundai Motor Group and the Renault-Nissan-Mitsubishi Alliance. But the Japanese giant still recorded a 3.7% decline in sales during 2024. How did other competitors do? More from Headlight.News.
Volkswagen is the latest automaker to back off on its EV roll-out. The automaker told Headlight.News that “due to the ongoing challenging EV market” it has scrapped plans to introduce the ID.7 sedan to the U.S. market – though it will continue to be offered in Europe, China and a number of other markets.
Jeep is making one of the riskiest moves in its storied history, rolling out its first global EV, the Wagoneer S. It will be followed by a flood of new models this coming year, part of a push by the off-road marque to “grow the brand back” after several unexpectedly disappointing years. Headlight.News looks at what Jeep has coming and how it will face its ongoing challenges.