A group of U.S. Senate Republicans proposed new legislation that would charge anyone who buys a new electric vehicle a $1,000 fee at the time of purchase. The stated goal is to off-set the lost federal gas tax revenue used to help maintain America’s roads and bridges. However, is it fair or one more attack by the party on EVs. Get details at Headlight.News.
EV sales appear likely to stagnate in 2025 in 2025, largely due to new roadblocks the Trump administration and Congress are ready to throw in the way, according to a new J.D. Power forecast. That could cause major headaches for automakers investing billions to bring more of the vehicles to market. But the research firm still sees demand rebounding later in the decade to the point where electric vehicles will account for more than a quarter of new vehicle sales.
With the arrival of Donald Trump in the White House, many expect it’s simply a matter of time before the $7,500 tax credits for buying qualifying electric vehicles are history. However, some Republicans are moving in the opposite direction, calling for a one-time, $1,000 tax on new EVs. Find out why they may not be out of line at Headlight.News.
When Tadge Juechter, the long-time chief engineer for the Corvette program, left nearly a year ago it seemed like just a normal retirement. But severalother members of the sports car’s team have now left – and not voluntarily. That has many observers wondering: what’s going on at Corvette?
While new vehicle sales were up on a year-over-year basis in January, it wasn’t because automakers or lenders made it easier on buyers, according to new data released this week. The average transaction price rose 1.3% compared to last January. Get details at Headlight.News.
After surging in the wake of last November’s presidential election, Tesla stock has gone into freefall since Donald Trump’s inauguration last month. A variety of factors, including slumping global sales linked to CEO Elon Musk’s increasingly tarnished reputation. His new $100 billion bid for OpenAI may add to investors’ worries, reports Headlight.News.
General Motors will stop producing the Chevrolet Blazer come year-end, sources tell Headlight.News. The automaker will instead shift focus to the all-electric version, the Chevy Blazer EV.
Whether you’re a major operator, like Amazon, or simply operate a single vehicle for a local business, EV maker Rivan is opening up sales of its commercial van to all fleet buyers. The move comes as Rivian ends its exclusive deal with Amazon – and resolves a component shortage that had limited its ability to produce the battery-electric vans.
Despite efforts by automakers to improve their relationships with President Donald Trump prior to and immediately after he took office last month, they can’t seem to escape the impact of his trade policies, the latest being a 25% tariff on steel and aluminum imports into the U.S. Find out what’s happening at Headlight.News.
Best known for producing iPhone, Taiwan-based Foxconn is making a play for Nissan Motor Co. now that its merger talks with Honda are dead. It’s not the first time the company’s attempted to gain a stake in the Japanese automaker. Find out more at Headlight.News.
The Automotive Hall of Fame will add four new inductees this year recognizing “noteworthy individuals” who “helped shape” the automotive industry, motor sports world and retail market. The list includes an unusually diverse mix this year, ranging from the recently retired CEO of Daimler to the industry’s first woman test driver. Here’s a closer look.
Stellantis’s Ram and Jeep brands will be the only automotive brands in this year’s Super Bowl commercial blitz as other automakers choose to not invest into the big game with advertising this year.