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Earnings and Financials

Nissan Kills Versa, America’s Most Affordable Car – Blames Trump Tariffs

Nissan Kills Versa, America’s Most Affordable Car – Blames Trump Tariffs

Nissan plans to scrap the Versa. It’s not only the cheapest vehicle in the automaker’s line-up but the lowest-priced model offered in the U.S., period. The Trump tariffs are one of the key reasons for this decision, reports Headlight.News, noting the entire entry auto market could vanish.

Musk Meltdown: Sex, Drugs and Mismanagement

Musk Meltdown: Sex, Drugs and Mismanagement

A series of new headlines reveal how Tesla CEO Elon Musk made extensive use of drugs while working as head of the Dept. Of Government Efficiency. But his use of ketamine and other controlled substances began long before Musk began working for Pres. Donald Trump. And it has contributed to what many observers have seen as erratic personal behavior and corporate mismanagement. Headlight.News has more.

VW Planning “Massive” U.S. Investment, Says CEO Blume

VW Planning “Massive” U.S. Investment, Says CEO Blume

Facing potentially massive new tariffs on imported autos and auto parts, some manufacturers have begun planning ways to shift production to the U.S. That includes Volkswagen whose CEO said “massive” new investments could be coming – though a new court ruling could short-circuit such plans. More from Headlight.News.

GM Chair Barra Named World’s Most Powerful Woman — Again

GM Chair Barra Named World’s Most Powerful Woman — Again

General Motors Chair and CEO Mary Barra’s earned plenty of accolades during her 10-plus-year tenure at the helm of the Detroit-based automaker. She’s earned another — again — topping Forbes’ 100 Most Powerful Women list. It’s the second straight year’s she’s topped the list. Find out more at Headlight.News.

Tesla Shares Soar as Musk Pledges to be “Super Focused” on the Company – But Sales Continue to Plunge

Tesla Shares Soar as Musk Pledges to be “Super Focused” on the Company – But Sales Continue to Plunge

If you’re a Tesla shareholder you’re likely quite pleased to hear CEO Elon Musk promise to back away from his work in Washington to become “super-focused” on the automaker and his other companies. If you’re a buyer looking for an EV, however, that may not matter much, Tesla sales continuing to tumble in markets as diverse as Europe, China and the U.S. Headlight.News has more.

Antonio Filosa Named New Stellantis CEO

Antonio Filosa Named New Stellantis CEO

Stellantis has a new CEO. After a nearly 6-month search, Antonio Filosa steps into the vacancy created by the unexpected resignation of Carlos Tavares last December. The 51-year-old Filosa faces some serious challenges, including weak sales by key brands Ram and Jeep. He may also face the question of whether to abandon some of the 14 Stellantis brands, such as Chrysler and Fiat. More from Headlight.News.

A Decade Later; German Court Convicts 4 Former VW Managers in Diesel-Gate Scandal

A Decade Later; German Court Convicts 4 Former VW Managers in Diesel-Gate Scandal

A German court has convicted four former Volkswagen managers of fraud in connection with the “Dieselgate” scandal that saw the automaker pay out more than $33 billion in fines and other costs for rigging diesel emissions data. Two of the VW employees face prison time. More from Headlight.News.

Senate Vote Could Kill California EV Rules

Senate Vote Could Kill California EV Rules

In a nod to Pres. Donald Trump, the U.S. Senate narrowly voted to block California’s ability to set unique emissions rules, a move critics say weakens the ability to address climate change. A court battle will likely determine whether the state will be blocked from mandating a switch to EVs by 2035.

Honda Slashes EV Investments Due to “Market Slowdown”

Honda Slashes EV Investments Due to “Market Slowdown”

Honda is cutting its planned investment in battery-electric vehicles by 30%, its CEO citing “the current market slowdown.” The automaker still plans to launch two all-new “0-Series models” next year but will slow down and stretch out development of other all-electric products. It’s not likely to be the last automaker to rethink EV spending, reports Headlight.News.

Toyota Goes Into “Wait and See Mode”

Toyota Goes Into “Wait and See Mode”

With dozens of new models set to debut in the U.S. in the coming months, this should be a big year for Toyota. But the automaker’s plans have been put in a “wait and see mode,” as executives struggle to figure out how to respond to the new Trump import auto tariffs.The tariffs could bring more Toyota jobs to the U.S. – but they might also price some products out of reach, hammering sales. Headlight.News has more.

Musk Promises to Stay in Tesla Role for 5 Years, Cutting Back on Politics

Musk Promises to Stay in Tesla Role for 5 Years, Cutting Back on Politics

Elon Musk is cutting back on political activity as Tesla pushes into autonomous vehicles, announcing plans to stay with the automaker as CEO for the next five years. Musk also said autonomy is the key to Tesla’s future, with its new CyberCab ready to roll next month.