If you want job security, it seems, you might hope to land the role as General Motors’ head of design. There’ve only been seven people to hold that position over the last century. But that exclusive club will soon grow to eight as Michael Simcoe steps down and hands his pens to GM veteran Bryan Nesbitt. Here’s more on the transition.
Earnings and Financials
Ram Pickup Toppled by Toyota’s RAV4, Parent Stellantis Was the Big Loser of 2024
If you’re wondering just how bad things got for Stellantis last year, consider the fact that its Ram pickup fell off the podium, losing its traditional third-place position in the U.S. sales race – behind the Ford F-Series and Chevrolet Silverado – to Toyota’s RAV4 SUV. Overall, the Euro-American automaker was one of only two manufacturers to report a decline in sales in 2024 and faces serious challenges to turn things around in 2025.
The Big Automotive Stories We Expect in 2025
The new year is likely to be a big year when it comes to the auto industry, especially with a new president coming into office who has signaled plans to scrap EV sales incentives and enact hefty new tariffs on imported auto parts and fully assembled vehicles. We’ve...
Tesla Sales Take First Full-Year Fall; Musk’s Politics Catch Some Blame
While EV sales growth has slowed down this past year, demand was still up by about 10% in 2024. And the numbers would have been even bigger were it not for Tesla. While still the market leader, it suffered a first-ever annual sales decline last year. A variety of factors were at play, including CEO Elon Musk’s increasingly polarizing politics. More from Headlight.News.
The Biggest Automotive Stories of 2024
Oh, what a year it was. 2024 took saw a number of predictable stories top our coverage on Headlight.News, but the year also saw some surprising twists and turns — like the planned merger between Honda and Nissan – that no one likely would, or could, have predicted 12 months ago. There was some good news for consumers, and some bad. Some automakers made out like bandits, while others are now struggling with an uncertain future. Here are the 2024 stories that our editorial team found most compelling.
Jimmy Carter, Dead at 100, Had Major Influence on Auto Industry
He may have had just one term in the White House but it came at a critical time for the nation, as a whole, and for the auto industry, in particular. Former President Jimmy Carter, who passed away over the weekend at the age of 100 oversaw changes to automotive safety and emissions regulations. He was also in the Oval Office at a time of a major oil embargo, an assault by automotive imports and a time of reckoning for Detroit’s automakers – including the near collapse of Chrysler Corp.
Auto Sales Expected to End Year on High Note – but 2025 Could See Momentum Stall
December has become one of the biggest car buying months of the year and this December should be something to remember. Sales are looking very healthy as carmakers spend lavishly on product promotions, interest rates dip and higher tariffs – and prices – appear on the horizon.
Q&A With: Stephan Winkelmann, CEO Automobili Lamborghini
A conversation on the future of Lamborghini in the face of electrification and troubles at parent company Volkswagen Group with the sports car brand’s CEO Stephan Winkelmann.
VW, Union Agree to Unprecedented 35,000 Job Cuts
In an unprecedented compromise, Volkswagen reached an agreement with its German labor union to cut as many as 35,000 jobs in Germany – though the automaker agreed not to order immediate layoffs or plant closures and dropped a demand for 10% wage cuts. The move avoided a mass walkout by members of the IG Metall union but is billed as a way to curb VW’s bloated labor costs, among the industry’s highest.
Honda to Take Lead in Planned Merger with Nissan
Honda and Nissan will merge under a new holding company, the automaker’s announced, confirming months of rumors, with the smaller of the Japanese automakers effectively taking control of the new alliance. Mitsubishi, which was rescued by Nissan in 2016, has yet to decide whether to become part of the alliance. And Renault, which bailed out Nissan in 1999, plans to determine what role it may have going forward.
Mercedes Teases All-Electric Van Ahead of U.S. Return
Mercedes released teaser images of what will be a new line of family-sized all-electric vans. Based on its EV-only VAN.EA platform, the German automaker is confident enough to bring it back to the U.S. market where it’s been out of the people-mover segment for some time.
GM Halts Cruise Robocab Program
General Motors is shutting down its Cruise robocab program, shifting resources to the development of self-driving privately owned vehicles. The move comes a year after the subsidiary was blamed for a near-fatal accident near its San Francisco headquarters. It effectively hands what proponents see as a potentially huge market to competitors like Waymo and Tesla.