Jaguar’s “Copy Nothing” strategy is fueling an increase in demand for used Jaguar models as shoppers move to get ICE-powered Jaguar models before the brand goes all-electric.
*Daily News*
Judge Again Rejects Musk’s $56 Billion Pay Package
A Delaware judge has again rejected the $56 billion payout for Tesla CEO Elon Musk, even after shareholders voted to reinstate the package earlier this year. But even if the ruling is upheld, the South African-born entrepreneur and confident to President-elect Donald Trump is expected to remain the world’s richest man.
Headlight.News For The Week of 12-2-2024 – Shakeup at Stellantis – Tesla Trouble – GM Gets Spot In F1 & More
In this week's episode of the podcast, we talk about the surprise shake-up at Stellantis, Tesla's Latest Troubles, GM's newfound place in F1 (through Cadillac) and a new car review before taking a look at This Week in Automotive History. Click Here to listen and tell...
Jaguar Boldly Wears Pink and Defies Critics As Images Leak Online
Leaked images appear to reveal Jaguar’s concept EV ahead of its debut as the company continues to struggle with its ill-fated rebranding campaign.
Trump’s Threatened Tariffs Could Cost Automakers 17% of Earnings
President-elect Donald Trump’s proposed 25% tariff on all goods form Canada and Mexico, plus on all Chinese imports could wind up costing automakers as much 17% from their annual earnings. The estimate comes from a new study from S&P analysts. Check out the story at Headlight.News.
CEO Tavares’s Resignation Could Leave Struggling Stellantis Rudderless
With CEO Carlos Tavares resigning “with immediate effect,” and no successor in sight, Stellantis could face even more trouble trying to resolve the problems that saw its sales, earnings — and stock price tumble so far this year. The lack of a chief executive officer also comes at a time when the Euro-American automaker is set to launch an assortment of critical new products, including the first all-electric Jeep and Ram models aimed at the U.S. market.
CEO Carlos Tavares Tenders his Resignation as Problems Grow for Stellantis
Stellantis CEO Carlos Tavares resigned unexpectedly on Sunday, the automaker saying “different views have emerged” in recent weeks as the Euro-American automaker struggled to come up with a way to reverse weakened sales and earnings. No immediate successor was named, though it appears that the automaker’s Chairman John Elkann effectively will take control until a replacement is named. This is a breaking story. Headlight.News will have a longer analysis shortly.
Nissan Has 12-14 Months Left According To New Report
Nissan reaches critical junction as a new report says the company has less than 12-14 months left to stay afloat.
Trump’s Threatened Tariffs: Protectionism or Ploy?
President-elect Donald Trump again affirmed his plans to levy a 25% tax on all imported goods from Mexico and Canada. The constant threat has many worried about massive price hikes for new vehicles while others point to Trump’s reasoning for the tariffs and call it a negotiation ploy. Get details at Headlight.News.
Tesla Could Lose Out on New California EV Tax Credits
If the Trump administration moves forward with plans to end federal EV tax credits California Gov. Gavin Newsom plans to activate state rebates to help maintain the state’s role as the biggest market for battery-electric vehicles. But there’s a catch: the governor plans to initiate a market cap that would likely exclude the state’s best-selling EV brand: Tesla.
Porsche Continues ICE Vehicle Devlopment Amid Slump in EV Sales
Porsche radically shifts its electrification plan as slumping EV sales force the sports car maker to maintain ICE vehicle production.
Tesla Strikes a Delicate Balance Between U.S., China – and Trump
With its EV sales in Europe and the U.S. slowing, Tesla has become more dependent on sales in China. But the competition is fierce, and trade tensions could hamper Elon Musk’s ambitious future. Musk’s central role in the incoming Trump administration further complicates matters.