NEW: Get Updates by Email

Executives

Losses Worsening, Nissan Cutting U.S. Production, Shutting 3 Global Assembly Plants, Trimming More Jobs

Losses Worsening, Nissan Cutting U.S. Production, Shutting 3 Global Assembly Plants, Trimming More Jobs

Nissan CEO Makoto Uchida announced a desperate new bid to reverse the company’s mounting losses after a planned merger with Honda collapsed. The second-largest Japanese automaker now plans to close three plants, reduce U.S. production and eliminate thousands of jobs. The announcement came as Uchida revealed still more losses for Nissan’s latest fiscal quarter.

Dogged by Conflict of Interest Concerns, State Dept. Appears to Back Off Purchase of $400 Million Worth of Armored Tesla Cybertrucks

Dogged by Conflict of Interest Concerns, State Dept. Appears to Back Off Purchase of $400 Million Worth of Armored Tesla Cybertrucks

The U.S. State Department on Wednesday appeared to back down on plans to purchase $400 million in armored Tesla Cybertrucks amids mounting questions about a conflict of interest considering the automaker’s CEO Elon Musk plays a major role in the new Trump administration. But it’s unclear from an updated procurement forecast whether authorities will switch to other vehicles or have simply obscured their purchase plans.

Why Is GM Dumping So Many Seasoned Corvette Execs?

Why Is GM Dumping So Many Seasoned Corvette Execs?

When Tadge Juechter, the long-time chief engineer for the Corvette program, left nearly a year ago it seemed like just a normal retirement. But severalother members of the sports car’s team have now left – and not voluntarily. That has many observers wondering: what’s going on at Corvette?

Tesla Stock in Freefall and Elon Musk is the Main Reason Why

Tesla Stock in Freefall and Elon Musk is the Main Reason Why

After surging in the wake of last November’s presidential election, Tesla stock has gone into freefall since Donald Trump’s inauguration last month. A variety of factors, including slumping global sales linked to CEO Elon Musk’s increasingly tarnished reputation. His new $100 billion bid for OpenAI may add to investors’ worries, reports Headlight.News.

Trump’s 25% Tariffs on Steel, Aluminum Imports Will Impact Automakers

Trump’s 25% Tariffs on Steel, Aluminum Imports Will Impact Automakers

Despite efforts by automakers to improve their relationships with President Donald Trump prior to and immediately after he took office last month, they can’t seem to escape the impact of his trade policies, the latest being a 25% tariff on steel and aluminum imports into the U.S. Find out what’s happening at Headlight.News.

Automotive Hall of Fame Announces an Unusually Diverse Lot to its Class of 2025

Automotive Hall of Fame Announces an Unusually Diverse Lot to its Class of 2025

The Automotive Hall of Fame will add four new inductees this year recognizing “noteworthy individuals” who “helped shape” the automotive industry, motor sports world and retail market. The list includes an unusually diverse mix this year, ranging from the recently retired CEO of Daimler to the industry’s first woman test driver. Here’s a closer look.

As Tesla Sales Nosedive in California and Europe, is The “Musk Effect” to Blame?

As Tesla Sales Nosedive in California and Europe, is The “Musk Effect” to Blame?

Is it the “Musk Factor” at play? Industry analysts say a growing backlash aimed at Tesla CEO Elon Musk is clearly responsible for the carmaker’s sliding sales and market share in the key EV market of California, as well as in Europe. But that only complicates the challenges the automaker is facing from growing competition from both traditional automakers like Hyundai, GM and Ford, as well as th increasingly aggressive Chinese brands. More from Headlight.News.

Honda Carves Its Own Path to Building EVs in the U.S.

Honda Carves Its Own Path to Building EVs in the U.S.

Honda plans to roll out the first of three new battery-electric vehicles later this year. All will be built here in the U.S. But unlike some competitors setting up all-new, dedicated EV plants, these will be produced at existing Honda facilities in Ohio. To be able to adapt to changes in market demand, Honda has created what it calls an “EV Hub,” flexible enough to build gas, hybrid and battery-electric models on the same assembly line. Headlight.News has more.

Stellantis Shuffles the Deck Again While CEO Search Continues

Stellantis Shuffles the Deck Again While CEO Search Continues

Stellantis continued its quest to put the right executives in the right jobs, in the wake of former CEO Carlos Tavares’ early exit late last year. The biggest change was having current Americas Regions COO Antonio Filosa take on the role of global leadership of Quality. Filosa remains a candidate to succeed Tavares, as well. Get details at Headlight.News.

GM Stock Plummets Despite Beating Wall Street Targets

GM Stock Plummets Despite Beating Wall Street Targets

General Motors finished 2024 strong. It beat analysts’ estimates for nearly every metric they examine. So why is the Detroit-based automaker watching its stock slide nearly 10% in the wake of all that positive news? Ignoring the obvious. Get details at Headlight.News.

Jeep Boss Intends to “Grow the Brand Back”

Jeep Boss Intends to “Grow the Brand Back”

Jeep is making one of the riskiest moves in its storied history, rolling out its first global EV, the Wagoneer S. It will be followed by a flood of new models this coming year, part of a push by the off-road marque to “grow the brand back” after several unexpectedly disappointing years. Headlight.News looks at what Jeep has coming and how it will face its ongoing challenges.