Honda’s reported attempt to make a new electrified Type R model is hitting brick walls according to a new report.
*Daily News*
EV Maker Canoo Latest to File Bankruptcy
With its quirky rounded exterior, Canoo caught the attention of plenty of potential electric vehicle buyers. However, the looks weren’t enough to translate to sales and profits. Canoo filed Chapter 7 bankruptcy. Get details at Headlight.News.
Trump Has the Auto Industry in His Sights
As of noon on Monday, the United States has a new president – and Donald Trump is expected to move quickly to implement an agenda calling for major changes in America’s domestic and foreign policies. The auto industry, in particular, could feel the impact of Trump’s agenda in a variety of ways: from foreign trade to EV and emissions policies. Here’s a closer look at what that might means.
Honda Wants Nissan To Buyout Renault’s Shares As Merger Faces Its First Hurdle
The proposed merger between Honda and Nissan encounters its first major hurdle as Honda demands Nissan buy out Renault’s shares.
Lexus Killing Off RC Coupe as Passenger Car Ranks Continue to Dwindle
Lexus is giving its RC and RC F sports coupes a “sonorous swan song,” finishing their run at the end of 2025. While the Japanese luxury brand does retain some passenger car models it mirrors the broader industry’s ongoing move to abandon passenger vehicles in favor of SUVs, CUVs and pickups.
Charger Companies Fight Back Against Thieves, Vandals
Setting up a nationwide public charging network is a critical step to encourage the shift to battery-electric vehicles. But that effort is being hampered by vandals and thieves, some cutting charger cables to recycle their valuable copper. Now, however, at least one charging company is fighting back. Headlight.News has more.
More Americans Underwater on Their Car Loans
As prices and interest rates have continued to rise in recent years, more and more owners are finding themselves with a lot of negative equity in those vehicles when they’re ready for a new car, truck or SUV. A new study shows Americans are upside down at record levels. Get details at Headlight.News.
Nearly Half of Young Americans Don’t Want To Own A Car According To Survey
New study reveals half of young Americans don’t want to buy a car as more young people move to public transportation and other mobility solutions.
EV Maker Polestar’s Profitability Going to Take a Little Longer
Officials at EV maker Polestar said that it’s going to take longer than originally forecast for the nascent automaker to be in the black. It also delayed a planned expansion to new companies. Check out the story at Headlight.News.
Ram CEO Tim Kuniskis Says Ram Not Real Truck Brand Until It Gets Small Trucks
Ram CEO Tim Kuniskis says Ram will never be a true truck brand without small trucks as the CEO signals he wants to put Ram back in the hunt in the mid-size pickup segment.
Chrysler the Latest to Scale Back EV Plans; Kills off Electric Crossover
The Chrysler brand reportedly has halted work on a midsize electric crossover based on the Airflow concept vehicle. The move comes late in development as the EV was to have reached market later this year. The decision echoes one made by rival Ford which has also responded to slowing growth in the EV market by killing off a planned 3-row crossover.
Zeekr Shows Why Foreign Brands Fear Emerging Chinese Automakers
Chinese automotive exports hit an all-time record last year – even while being effectively locked out of the U.S. market. But despite incoming Pres. Donald Trump’s threat to put still more tariffs on Chinese-made vehicles, the doors may not be locked forever. And anyone who checked out the new Zeekr brand’s news conference and display at the Consumer Electronics Show is likely to understand why that worries other manufacturers.