Democrats scored a lopsided victory in the midterm elections. What they do now could have a major impact on the economy – and the auto industry, in particular. Here’s what to watch for.
Earnings and Financials
Ford Escape May Return – But in All-Electric Form
Ford’s decision to kill off the Escape crossover last December took many folks by surprise. But it now looks like that long-popular badge will make a return in 2029 – albeit on a new EV based on Ford’s Universal Vehicle platform. More from Headlight.News.
Kia Defies Conventional Logic; Continues Betting on EVs
While most manufacturers have slashed their battery-electric programs, charges ahead with the launch of the affordable new EV3. What does it see that other brands don’t?
Audi Lifts BMW Playbook With $4 Billion Georgia Plant
When Audi launches production at its planned $4 billion assembly plant in Georgia it will create 4,500 jobs – and follow the same playbook as BMW has used so successfully with its own factory in Spartanburg, South Carolina. More from Headlight.News.
GM Getting Back Into the Hybrid Market – But it’s Got a Long Way to Catch Up
General Motors is getting ready to roll out an assortment of hybrid models, starting early next year. It will initial target some of its most fuel-hungry products, such as the Chevrolet Silverado, before expanding across a broader array of models. More from Headlight.News.
What Fuel Price Crisis? GM Q3 Earnings Double on Strong Truck Sales
General Motors saw its third-quarter net income more than double, largely due to strong demand for pickups despite high gas prices. But why did the numbers trigger a Wall Street sell-off? More from Headlight.News.
September, Q3 Auto Sales Defy Expectations – But Automakers Still Fear the Worst
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 as UAW Workers Vote for a New President
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.
As Gas Prices Approach All-Time High, Trump Administration Slashes Federal Mileage Standard
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
Screwed: The Fed Rate Hike Adds to the Mounting Misery of Automakers and Auto Buyers Alike
Trump May Open U.S. Market to Chinese Automakers
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.
Ford Under Fire as White House Expresses “Profound Concern” Over China Ties
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.