Aiming to reverse a series of setbacks to sales and earnings, Stellantis Thursday unveiled a $70 billion turnaround plan that will see it launch more than 60 new vehicles by decade’s end. But while markets from Europe to Africa to Asia should benefit, the Fastlane 2030 program depends disproportionately on two U.S. brands: Jeep and Ram. Headlight.News has more.
Stellantis and Jaguar Land Rover signed a Memorandum of Understanding to explore “opportunities to collaborate on product development” – though the MOU is specifically focused on the U.S. market. The announcement comes a day before Stellantis is set to announce a broad new strategy that will focus its efforts on just four key brands, leaving some observers wondering how an alliance with JLR would fit in. Headlight.News has more.
It started out as a nearly invisible, “cheap and cheerful” brand. Today, Kia is one of the fastest-growing brands on the U.S. market and challenging not only competitors like Nissan but its own Korean sibling Hyundai. The redesigned 2027 Kia Seltos is a reason why.
Honda reported its first loss in seven decades, largely due to major cuts in its EV program. But the automaker plans a major ramp-up of its hybrid line-up, its CEO revealed. Mazda is following a similar strategy, albeit on a smaller scale, as Headlight.News reports.
Call it a “whale” of a plan. Documents filed with Texas regulators show Toyota is ready to build a new, $2 billion assembly line alongside its existing truck factory in San Antonio. But the automaker is first seeking financial support from the state for what it has codenamed “Project Orca.” More from Headlight.News.
EV maker Lucid Motors generated a $1 billion net loss for the first quarter, reflecting both recall problems and the broader slowdown of battery-car sales. With its new CEO suspending full-year production guidance, new questions are being asked about Lucid’s long-term viability, reports Headlight.News.
Ford will soon launch what it bills as a revolutionary, low-cost, long-range EVs. We get a 1st inside look at the Universal EV project.
On the Headlight News podcast this week, we look at tough April new vehicle sales numbers. We also examine the latest threat of raising tariffs on EU vehicles, plus we reviewed the 2026 Mazda CX-5 and more. Check it out at Headlight.News.
Car sales headed downward in April as gloomy economic news spawned by rising oil prices and higher inflation took the edge off the excitement of the traditional spring buying season. More from Headlight.News.
Buyers looking for a new European vehicle could soon see prices go up by thousands of dollars, Pres. Donald Trump hiking tariffs to 25% after accusing the EU of “not complying with our fully agreed to Trade Deal.” More from Headlight.News.
Detroit’s Big Three automakers are in for windfall refunds from the federal government – a combined $2.3 billion coming back now that a key portion of the Trump tariff regime was ruled illegal by the U.S. Supreme Court. But buyers may not see a penny of that, reports Headlight.News.
After taking a financial hammering last year, both Ford and Stellantis appear to be getting the new year off on a positive note, delivering unexpectedly strong first-quarter earnings. Ford got a boost from a big tariff refund, Stellantis from a sharp upturn in sales of Ram and Jeep models. More from Headlight.News.