Volkswagen’s CEO and CFO presented senior management a “massive” plan to cut costs by 20% by the end of 2028, a move that could save as much as $71 billion at current exchange rates. The move could bring plant closures and cuts to employment, reports Headlight.News.
China’s BYD saw a massive surge in global sales last year. It not only topped Tesla as world’s largest seller of battery-electric vehicles but also beat Ford Motor Co. in overall global sales. More from Headlight.News.
President Trump is threatening to block the opening of a new bridge linking Detroit and Windsor, Ontario eagerly sought by the auto industry. The president points to his escalating debut with Canada but critics see a political favor for a major GOP donor who owns a rival span across the Detroit River. Headlight.News has more.
It’s taken two years, but workers at the Volkswagen plant in Chattanooga, Tennessee are set to get a big payoff after voting to approve union representation. The question is whether they will approve their tentative new contract, reports Headlight.News.
A pilot program partnering Honda and DriveOhio aims to catch small problems on the state’s roads and repair them before they get big using crowdsourced information. Headlight.News has more on the prototype Honda Proactive Roadway Maintenance System.
Mercedes-Benz CEO Ola Kallenius rejected pressure from Howard Lutnick, the U.S. Treasury Secretary, to move his company’s headquarters to the United States. But it will increase U.S. production. Headlight.News has more.
Tesla reported its second annual sales decline on Friday – a dip made worse by the fact that the Texas-based automaker also slipped to second in the global EV sales race, ceding its crown to China’s aggressive upstart BYD. Headlight.News has more.
Trump, tariffs and trade barriers. EVs disconnected. Autonomy and hackers. Elon Musk’s very good/very bad year. And affordability. Oh, yes, 2025 brought a series of significant developments to the automotive market. Here are the top 5 stories from the past year as picked by Headlight.News editors.
Despite being hammered by auto import tariffs, Mitsubishi is betting big on the U.S. market, the company told dealers on Friday. It plans to launch a variety of new products to flesh out its currently meager product line-up. But there is one problem: a lack of U.S. production. More from Headlight.News.
As trade friction grows, General Motors wants its suppliers to stop sourcing parts and raw materials from China by 2027, according to a new report, though meeting that deadline could be challenging considering the way the global network has been set up over the last few decades. More from Headlight.News.
Toyota committed to invest another $10 billion in the United States, as negotiations on a new U.S.-Japan trade deal moved forward — prompting Pres. Donald Trump to tell troops stationed in Japan, “Go out and buy a Toyota.” In an exclusive report, Headlight.News reports Toyota also is looking for ways to boost U.S. auto exports to Japan.
There were high hopes when Fiat Chrysler Automobiles and the PSA Group officially completed their merger on January 16, 2021. But things haven’t worked out quite as planned, the automaker now known as Stellantis struggling to reverse a sharp decline in sales and earnings. While the company insists it’s on the mend, some wonder if it would be better to consider this a failed experiment and break the company up. That notably includes former CEO Carlos Tavares. Headlight.News has more.