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.
Earnings and Financials
Toyota Takes Aim at Bentley, Rolls-Royce with New Century Brand
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 Investing $13 Billion in U.S., adding 5,000 Jobs
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 Adding “Off-Road-Focused” SUV to Line-Up
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.
GM Kills Hydrogen Fuel-Cell Vehicle Program, Abandons Production Plans
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.
Financing a Car Becomes Increasingly Challenging Despite Fed Rate Cut
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.
Slowing Sales Means We Won’t Be Seeing These EVs in the U.S.
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.
Nissan Kills Off Plans for Electric SUV, Revives Rugged Xterra Instead
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.
Jaguar Land Rover Slowly Resumes Production After Cyberattack
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.
Tesla May Reveal “Affordable” Version of Model Y Today
Tesla CEO Elon Musk earlier this year promised to bring to market a more affordable EV and, with federal tax credits having ended last week this may be the perfect time to roll it out. The automaker’s account on X teased what could be a new, lower-cost version of the Model Y expected to debut on Tuesday. Headlight.News has more.
Rivian Chief RJ Scaringe Upbeat Despite Loss of Fed Tax Credits, Threat of Chinese Competition
Rivian CEO RJ Scaringe says he has “never been more confident than I am today” about the future of the struggling EV manufacturer. That’s despite a series of challenges facing the battery-electric vehicle sector in general – including the loss of federal EV tax credits and the rise of the low-cost Chinese competitors who are threatening to enter the U.S. market. A critical test will come early next year with the launch of Rivian’s more affordable R2 model line. But it’s also counting on joint ventures and alliances like those with Volkswagen and Amazon, reports Headlight.News.
It’s No Longer “If,” But “When” Chinese Automakers Will Crack Open the U.S. Market
Tariffs enacted by Presidents Joe Biden and Donald Trump effectively closed the door on auto imports from China – only a few products now entering the U.S. But, despite the current hefty tariffs, observers expect that the Trump administration will soon open the American market up to Chinese products, while also encouraging manufacturers like BYD and Geely to set up U.S. manufacturing operations. While American motorists would likely welcome vehicles like the $20,000 BYD Dolphin, this could pose an “existential threat” to traditional automakers, reports Headlight.News.