General Motors looked to be the leader in the electric vehicle market by investing heavily in the segment, and that push crimped its Q3 earnings numbers as it took a $1.6 billion charge to offset investments in its EV operations during the period. However, the company still reported a profit, and investors are happy. Get details at Headlight.News.
Stellantis has temporarily halted production at a Jeep plant in Warren, Michigan, even as three Ford plants sit idle. All face a shortage of aluminum due to a fire at a supplier plant. Meanwhile, automakers are beginning to fret there could be more closures coming across the industry due to semiconductor shortages – repeating a crisis that cast the industry millions of vehicles in lost production during the COVID crisis. Headlight.News has more.
The Trump administration’s trade war is proving costly for the auto industry which will wind up paying about $10.6 billion in tariffs – just on autos and auto parts imported from Canada and Mexico – through the end of October, and while they’ve largely absorbed most of those costs, so far, consumers can expect to start seeing more of those tariffs passed on in new vehicle prices in 2026 and beyond, reports Headlight.News.
The current versions of the Cadillac CT4 and CT5 models – including high-performance Blackwing packages – will be dropped at the end of the 2026 model year – though a replacement for the bigger sedan is set to follow in 2027.
Toyota will show off a new super-premium luxury car concept during the Tokyo Motor Show later this month. But don’t expect to see it land in Toyota showrooms. Badged a “Century” model, it will signal the launch of an all-new brand rising above the automaker’s current Lexus division to take on some of the world’s most exclusive marques, including Bentley and Rolls-Royce. Headlight.News has more.
Stellantis will invest $13 billion to increase production and add new products in the U.S. market, the company revealed, noting that this will be the largest investment in the history of the Chrysler Corp. side of the trans-Atlantic automaker. It also marks a...
Mitsubishi line-up is getting ready for a big growth spurt. The automaker today confirmed it will introduce an “all-new…off-road-focused” version of its Outlander SUV, on top of the all-electric utility vehicle it previously confirmed will arrive next summer. Headlight.News has more.
General Motors has ended a program aimed at using hydrogen fuel-cell technology as an alternative to battery power, in the process scrapping plans for a $55 million factory in Detroit. The automaker will continue producing fuel-cell stacks for use in stationary applications, however. More from Headlight.News.
At a time when new vehicle prices are reaching record levels and interest rates remain stubbornly high, despite the recent rate cut by the Federal Reserve, affordability is becoming a critical issue that could send U.S. auto sales into a tailspin in the months ahead.
Ferrari on Thursday revealed details about its first battery-powered model, the Elettrica. But the Italian automaker is delaying a second EV. And it’s not alone. Ford has scrapped several all-electric models, while Nissan pulled the plug on the 2026 Ariya. Acura just ended production of the ZDX and Stellantis has abandoned the all-electric Ram REV. Those are among a growing list of planned EVs that no longer will make it into production — or will be substantially delayed. Here are some of the others.
Even as it cuts back on plans to expand its EV line-up, Nissan says it’s bringing back the once-popular Xterra, a rugged off-road SUV it junked back in 2015. It could be joined by a new Infiniti model, both to be produced at Nissan’s underutilized plant in Canton, Mississippi. More from Headlight.News.
For the first time in six weeks a handful of vehicles rolled down some Jaguar Land Rover plants on Wednesday, though it is expected to still take time for the British automaker to fully recover from a devastating cyberattack. Headlight.News has more.