Despite oil prices running at near record highs and consumers more worried about the economy than at any time since the depths of the COVID pandemic, U.S. auto sales grew by an unexpected 4.4% in September. That defied industry expectations, in part driven by rising demand for electrified vehicles. But experts fear the bottom could yet drop out.
Free for all underway as members of the United Auto Workers vote to fill the union the union presidency for the next four years and incumbent Shawn Fain battles to hold on to the job.
The Trump administration has slashed federal fuel economy targets for 2031 by more than 30%. The White House says the move could save over $60 billion. But the move comes at a time when fuel prices are approaching all-time highs and are already threatening to boost the average motorist’s fuel bills by $1,000 or so annually. More from Headlight.News.
Screwed: The Fed Rate Hike Adds to the Mounting Misery of Automakers and Auto Buyers Alike
With a summit meeting with Chinese leader Xi Jinping fast approaching, Pres. Donald Trump suggested he could reverse course and open the American market up to Chinese automakers – if they set up U.S. plants. More from Headlight.News.
U.S. Transportation Sec. Duffy expressed “profound concern” over Ford’s ties to China. The automaker fired back at the “wrongheaded” criticism it saw as simply aimed at grabbing headlines. More from Headlight.News.
The cost of diesel is up 57% since the start of the Iran War, hitting an all-time high on Friday. That’s a problem when 80% of U.S. freight goes out using diesel-powered trucks, trains, ships and barges.
The world’s second-largest automaker could get a little bit smaller – at least if CEO Oliver Blume has his way. He’s hoping to convince the Volkswagen supervisory board to approve a downsizing plan it rejected two months ago. But what happens if they say “No”?
Here’s how the upstart Korean automaker Hyundai, once seemingly destined to fail, has grown into the world’s 3rd-largest automaker and now has even Toyota and Volkswagen worried.
Diesels are essential to the U.S. economy. But, with the price for diesel about to hit a record high that will fuel another surge in the cost of everything from burgers to construction materials.
Stellantis is recalling nearly 1 million vehicles due to a backup camera problem. But it’s nowhere near the largest recall in a year that could set new records for safety-related issues. How can that happen at the same time research shows automotive quality reaching new highs?
Ford Bets Fathom’s $28,350 Base Price Can Re-Energize the EV Market