NEW: Get Updates by Email

*Daily News*

Nissan Names “Real Car Guy” as its New CEO

Nissan Names “Real Car Guy” as its New CEO

Nissan has again shaken up its top management team, this time appointing Ivan Espinosa as its new CEO. He replaces Makoto Uchida who, critics said, failed to reverse the ongoing decline of Japan’s second-largest automaker. The automaker’s chairman warned the new chief executive will face a “challenging start” during a Tokyo news conference that also revealed a number of other senior management changes.

Despite Bullish Forecasts, Wall Street Is Walking Away From Tesla

Despite Bullish Forecasts, Wall Street Is Walking Away From Tesla

The bulls are still, well, bullish, when it comes to Tesla stock, but the rest of Wall Street seems increasingly nervous and that’s cost the EV maker fully half of its market capitalization since reaching a mid-December, post-election high. And one man appears to catch most of the blame: CEO Elon Musk. More from Headlight.News.

With Trump’s Canadian and Mexican Tariffs on Brief Hold, European Automakers Wonder if They’re Next

With Trump’s Canadian and Mexican Tariffs on Brief Hold, European Automakers Wonder if They’re Next

President Donald Trump on Wednesday said he would delay by a month new tariffs covering Canadian and Mexican auto imports. But even with that delay, the industry is waiting to see if Trump will next move to target additional trade partners. Trump has already hinted that European automakers could be next in his sights. More from Headlight.News.

Trump Gives Auto Industry One-Month Tariff Reprieve

Trump Gives Auto Industry One-Month Tariff Reprieve

Little more than a day after announcing plans to enact 25% tariffs on goods imported from the Mexico and Canada, Pres. Donald Trump threw a temporary lifeline to the auto industry by granting a one-month reprieve on automotive parts and vehicles. But the threat remains that sanctions could still follow if the U.S. can’t reach resolution with its two neighbors and leading trade partners – something Ford CEO Jim Farley warned “would blow a hole in the U.S. industry.”