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Earnings and Financials

Protests Rising, Tesla Q1 Sales Plunged to Lowest Level in Three Years

Protests Rising, Tesla Q1 Sales Plunged to Lowest Level in Three Years

Tesla sales for the first quarter of 2025 fell to their lowest level in three years, even as overall EV command continued to rise worldwide. The plunge reflected a growing backlash against Tesla CEO Elon Musk’s political shift to the far right and his role as head of the Trump administration’s controversial Department of Government Efficiency. Headlight.News has this breaking story.

Trump Tariffs Could Force Chevy, Honda, Kia, Mazda, even Mercedes to Pull Entry Products from U.S. Market

Trump Tariffs Could Force Chevy, Honda, Kia, Mazda, even Mercedes to Pull Entry Products from U.S. Market

April 2, says Pres. Donald Trump, is “Liberation Day,” claiming his new tariffs will free the U.S. from its reliance on foreign-made goods. But U.S. car buyers may see things in a very different light. Virtually all vehicles, even those assembled in the States, will see price hikes. And a number of automakers, from mainstream brands like Chevrolet, to high-line marques such as Mercedes-Benz, are weighing the prospects of pulling entry models off of the American market. More from Headlight.News.

U.S. Car Sales Soar in March as Buyers Raced to Beat Trump Tariffs

U.S. Car Sales Soar in March as Buyers Raced to Beat Trump Tariffs

Sales of new vehicles in the U.S. climbed sharply during March as buyers rushed to get in their orders before the tariffs clamp down on the automotive trade. The threat of a recession is also expected to weigh on an industry sensitive to economic trends going into April.

Q&A: Ineos CEO Lynn Calder Sees Big Opportunities – But Tariffs Could Get in the Way

Q&A: Ineos CEO Lynn Calder Sees Big Opportunities – But Tariffs Could Get in the Way

Odds are you’ve never heard of Ineos Automotive – at least not until recently. It’s a start-up brand backed, of all things, by one of the world’s largest chemical companies. The British carmaker last year brought its first model, the rugged Grenadier SUV, to the U.S. market and is in the midst of launching its second product line, the Quartermaster pickup. Headlight.News caught up with Ineos CEO Lynn Calder during a recent driving event in Aspen and asked her about Ineos’ product plans, growth opportunities – and the impact of the new Trump auto import tariffs.

Shake-up at Volvo: Rowan Out, Samuelsson Back in as CEO

Shake-up at Volvo: Rowan Out, Samuelsson Back in as CEO

In an unexpected move, Jim Rowan is stepping down at CEO of Swedish-based, Chinese-automaker Volvo Cars. He will be replaced by Hakan Samuelsson, who previous served in that role from 2012 to 2022. The move comes at a time when Volvo is aggressively moving to EVs but also faces a variety of tariff issues in the U.S. and Europe. More from Headlight.News.

Sales Already in a Tailspin, Protestors Gather at Tesla Dealerships Around the World

Sales Already in a Tailspin, Protestors Gather at Tesla Dealerships Around the World

With thousands gathered in protest at dealers around the world over the weekend, Tesla wrapped up what is expected to be a weak first quarter, the automaker watching sales dwindle as opposition grows to CEO Elon Musk’s role in the Trump administration – as well as his increasingly vocal shift to the political far right. Headlight.News has the latest.

Tesla Faces Biggest Protest Yet on March 29

Tesla Faces Biggest Protest Yet on March 29

Thousands of people are expected to gather at more than 500 showrooms, service centers and other locations on Saturday March 29 as part of “Tesla Takedown,” a loosely organized movement aimed at protesting CEO Elon Musk’s political shift to the extreme right, as well as his role heading the Trump administration’s controversial Department of Government Efficiency. The question is whether there will be any of the sort of violence that has occurred at other protests in recent weeks. Headlight.News has more.

Trump Threatened to Punish Automakers Who Pass Tariff Costs on to Buyers

Trump Threatened to Punish Automakers Who Pass Tariff Costs on to Buyers

The automotive tariffs going into effect next months could add thousands, even tens of thousands, of dollars to the cost of new vehicles. But Pres. Donald Trump raised the threat  that he might punish manufacturers who pass tariff costs on to consumers. More from Headlight.News.

Fading Consumer Confidence, Aggravated by New Trump Tariffs, Could Cripple Auto Industry

Fading Consumer Confidence, Aggravated by New Trump Tariffs, Could Cripple Auto Industry

Consumer confidence, a key ingredient for healthy vehicle sales, is slipping, according to new polls And with buyers already wary of price hikes, New increases, triggered by President Donald Trump’s broad tariff policies could translate into a sharp market slump, report Headlight.News.

Stellantis Says: Quit Your Job, Get a Check

Stellantis Says: Quit Your Job, Get a Check

Back when Lee Iacocca was running Chrysler the company famously offered motorists a chance to “Buy a Car, Get a Check.” These days, the automaker is part of a trans-Atlantic conglomerate and Stellantis has a new pitch aimed at its U.S. union workers: quit your job and get a check. More from Headlight.News.