Used car seller Carvana ventures into new territory with the firm buying its first dealership as the company attempts to enter the new car sales market with the purchase of Stellantis franchised dealership.
*Daily News*
Mercedes “Getting Closer” to Launch of New Vision V
Mercedes is getting ready to pull the wraps off the new Vison V, a show car previewing the next-generation, all-electric vans it’s set to put into production next year. “The future model line-up will range from entry-level family vehicles and exclusive VIP shuttles to spacious and luxurious limousines,” the automaker said Monday.
More Trump Tariffs Coming This Week; Expect to Spend More for Your Next Vehicle
Barring a last-minute change of mind, the White House has signaled Pres. Donald Trump will announce new tariffs targeting America’s largest trading partners, Canada and Mexico, on Tuesday. The move is expected to increase the cost of many common goods substantially, including not only fully assembled vehicles imported from America’s nearest neighbors but other cars, trucks and crossovers assembled in the U.S. That’s because virtually all of those models rely on at least some Mexican and Canadian parts, components and raw materials.
Tesla Stock Continues Nosedive Grow Increasingly Worried About “Musk Effect”
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.
Leaked Document Confirms 2026 GT500 Could Enter Production With a New Engine
Leaked document appears to confirm the upcoming GT500 will debut with a new engine as Ford continues to stay silent amid swirling rumors about the model’s potential return
Used Car Prices Trending Down But Uncertainty Looms
While new vehicle prices continue to rise month after month, used car prices have been declining in 2025. Admittedly, it’s still early in the year but as new car sales keep rising so too do the number of trade-ins, but demand has kept used-car inventory tight which means uncertainty for prices long term. Get details at Headlight.News.
Nissan CEO Could Be Ousted This Month
Nissan plans to unveil a major management shake-up in March and CEO Makota Uchida – blamed for blowing a proposed merger with Honda – appears likely to be one of those executives set to be replaced. Headlight.News has more.
Mercedes Design Chief Says AI Could Replace Human Designers In 10 Years
Mercedes Benz’s chief of design says that AI could replace human designers in a decade as the company shares its thoughts on AI in the automotive industry.
Kia Reveals 3 New Models as Part of Mainstream EV Blitz
Kia continues to roll out new EV models that the Korean brand hopes will help it counter moves by market leaders Tesla, as well as fast-growing Chinese brands like BYD and Geely. But whether it can keep its strong momentum going in the U.S. as Pres. Donald Trump enacts new anti-EV policies remains to be seen.
GM, Tesla Top Buyer Loyalty Charts as More Shoppers Buy What They Know
More new vehicle buyers remained loyal to their previous purchases in 2024 than the year prior, and General Motors and Tesla top the charts when it comes to owner retention efforts. That said, owner loyalty numbers are still below pre-pandemic levels. Find out more at Headlight.News.
Stellantis Profits Go Off A Cliff As The Firm Reports 70% Drop In Earnings For 2024
Stellantis continues to navigate through troubled ties as the company admits its profits fell 70% during 2024 and says it won’t be profitable again until 2025.
Lucid CEO Rawlinson Steps Down as EV Maker Keeps Posting Losses
EV maker Lucid Motors was expected to report it lost money during the final quarter of 2024, but the company’s earnings report featured a surprise element: the departure of its founder and CEO Peter Rawlinson. Get details at Headlight.News.