Automakers, especially Asian brands, posted healthy sales for July. But the pace is expected to slow as the economy turns sluggish from Trump’s tariffs and as unemployment begins to climb.
Earnings and Financials
Chevy Teases Return of the Volt – But Will it Be America’s Most Affordable EV?
After a more than two-year absence, the Chevrolet Bolt will make its return next year, the bowtie brand now says. It will undergo a number of changes and is expected to get better range and performance. But the bigger question is whether it will maintain its position as the country’s most affordable battery-electric vehicle. More from Headlight.News.
Buyers Face Increasingly Tough Choices if They Want a New Vehicle
Trump’s tariffs are raising the prices of new vehicles and threatening the finances of buyers looking for a way to purchase, which are leaving them deeper in debt, new studies show.
Despite Record Revenue Numbers, Ford Takes Small Loss for Q2
Ford released its second-quarter earnings results, setting a new record with $50.2 billion in revenue, but it wasn’t enough to keep it out of the red. The company recorded a net loss of $36 million. Get the rest of the numbers at Headlight.News.
Mercedes Pauses U.S. EV Orders as Sales Slide
While it had high hopes when it launched its EQ line-up of all-electric models, Mercedes-Benz has seen sales fall well short of expectations and is now putting its U.S. EV order bank on hold. Headlight. News has more.
Tariffs Drag Stellantis Deep Into the Red – and Will Get Worse in 2nd Half, Automaker Warns
Tariffs Drag Stellantis Deep Into the Red – and Will Get Worse in 2nd Half, Automaker Warns
Headlight News Podcast for the Week of 7-28-25
On this week’s Headlight News podcast, we talk about President Trump’s trade deals, how the existing tariffs crashed Tesla’s and GM’s second quarter earnings, the new Honda Prelude as well as offering a review of the new Toyota Prius Prime. Check it out and tell us what you think.
EU Trade Deal Will Cost American Car Buyers, European Automakers Billions
U.S. and European trade negotiators reached the framework agreement on a new trade deal that will result in new, 15% tariffs on most European goods shopped to the States, including automobiles. That’s a sixfold increases from before and for buyers of products from brands like BMW, Mercedes-Benz, Fiat and Maserati, that could mean substantially higher prices. It could also hammer profits for those manufacturers – though U.S. negotiators hope the deal will see more production moved to the United States. More from Headlight.News.
UAW Says it Was Burned by Trump on Tariffs
After throwing its support behind Pres. Donald Trump’s 25% tariffs on imported autos and auto parts, the United Auto Workers admits is coming up empty handed in the administration’s new deal with Japan, which offers nothing for workers and could lead to lower wages. Headlight.News has more.
Tesla Earnings Plunge while Musk Warns of “a Few Rough Quarters”
Tesla reported a 16% plunge in second-quarter net income as its worldwide sales continue to decline. CEO Elon Musk warned that there could yet be “a few rough quarters” ahead before the automaker gets its long-promised “affordable” EV into production. More from Headlight.News.
Volvo Slashing U.S. Line-Up By Half as Tariffs Crush its Bottom Line
Volvo will trim its U.S. line-up as it copes with the challenges posed by Pres. Donald Trump’s import auto tariffs. Among the models going away: the S60, S90 and ES90 sedans. More from Headlight.News.
GM Net Income Crashes as Trump Tariffs Take Hold
General Motors reported a 35% decline in net income for the second quarter of the year, much of that due to the new Trump tariffs which took a $1 billion bite, the automaker reported. More from Headlight.News.