Tesla this week rolled out the first version of its Cybercab with no steering wheel. And CEO Musk indicated it will be available for $30,000. But who will buy one – especially with mounting concerns about the safety of Tesla’s self-driving vehicle technology blamed for a growing number of Cybercab crashes?
Has Polestar finally turned the corner? The Swedish automaker, spun off by Volvo nearly a decade ago, had a very good year in 2025 – and is looking to keep the momentum going as it prepares to roll out a series of new products, starting later this year with the debut of the Polestar 5.
When you’re posting nearly $20 billion in write-offs on your EV program it’s probably a good time to rethink what you’re doing. And that’s precisely why Ford Motor Co. launched the skunkworks Universal EV program designed to deliver “affordable,” long-range EVs that are also “fun to drive.” While the first version is still a year away, Headlight.News got a deep dive look at how the automaker plans to pull it off.
Volkswagen’s CEO and CFO presented senior management a “massive” plan to cut costs by 20% by the end of 2028, a move that could save as much as $71 billion at current exchange rates. The move could bring plant closures and cuts to employment, reports Headlight.News.
Driven largely by the phase-out of federal tax credits, U.S. sales of battery-electric vehicles slid last year, with registrations down for the first time in a decade. Most experts anticipate a rebound, though how much and how fast that recovery will happen is uncertain. Headlight.News has more.
China’s BYD saw a massive surge in global sales last year. It not only topped Tesla as world’s largest seller of battery-electric vehicles but also beat Ford Motor Co. in overall global sales. More from Headlight.News.
President Trump is threatening to block the opening of a new bridge linking Detroit and Windsor, Ontario eagerly sought by the auto industry. The president points to his escalating debut with Canada but critics see a political favor for a major GOP donor who owns a rival span across the Detroit River. Headlight.News has more.
Ford reported a loss of $8.2 billion FY2025 due to the $19.5 billion special charge in the fourth quarter related to its EV business. The fourth quarter loss was even bigger: $11.1 billion. However, the company’s 2026 guidance provided some optimism. Details at Headlight.News.
Toyota has a new CEO set to take charge on April 1 and, unlike the man he’ll succeed, Kenta Kon is a finance guy determined to deliver some big numbers for the world’s largest automaker. He intends to build up Toyota’s war chest – and one way he’ll do that is with a planned 30% increase in hybrid sales by 2028. More from Headlight.News.
It’s taken two years, but workers at the Volkswagen plant in Chattanooga, Tennessee are set to get a big payoff after voting to approve union representation. The question is whether they will approve their tentative new contract, reports Headlight.News.
The severe winter weather blanketing the U.S from Texas to Maine failed to slow new vehicle sales in January, with Asian automakers, in particular, reporting gains for the month. More from Headlight.News.
Stellantis is ordering workers to report back to their offices five days a week. It’s the latest automaker to abandon the work-at-home practices that were put in place nearly six years ago as COVID lockdowns shook up the working world.