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Hyundai Set to Invest $21 Billion in U.S.

Hyundai Set to Invest $21 Billion in U.S.

Hyundai Motor Group plans to invest $21 billion for a variety of U.S.-based projects, including steel production and the expansion of its U.S. automotive production to 1.2 million vehicles annually. That more than doubles what the South Korean has invested since entering the U.S. market in 1986. More from Headlight.News.

Update: Tesla Recalls  Cybertruck as Exterior Panels Fly Off

Update: Tesla Recalls  Cybertruck as Exterior Panels Fly Off

After initially halting deliveries due to reports of exterior panels detaching while the vehicle is being driven, Tesla said Thursday it would recall all Cybertrucks it has produced from launch through late last month. It comes as the eighth safety recall of the electric pickup and another setback for a manufacturer that has seen its stock price plummet by nearly half its value since mid-December. It underscores the fact that Tesla has had major ongoing quality, durability and recall problems. Headlight.News has more.

Tesla Stock Plunging for 9th Straight Week: No Automaker “Has Lost so Much Value so Quickly”

Tesla Stock Plunging for 9th Straight Week: No Automaker “Has Lost so Much Value so Quickly”

It’s hard to find anything “analogous” in automotive history to the ongoing crisis at Tesla, JP Morgan warned, as the automaker’s global sales collapse, its stock price further tumbles and CEO Elon Musk’s once hero image goes up in flames. There are few signs Pres. Donald Trump’s enthusiastic endorsement of the brand last week will generate sales. If anything, Tesla itself now warns, the company could get caught up in Trump’s trade war.

Headlight News Podcast for the Week of 3-17-25

Headlight News Podcast for the Week of 3-17-25

In this week’s podcast, we cover Nissan finally selecting a new CEO for the struggling automaker, IIHS toughening its testing standards, JD Power’s latest study showing consumers are happier with dealers, but dealers are still falling short in some important areas. We also offer an in-depth review of the new all-electric Cadillac Escalade IQ. Check it out at Headlight.News or Spotify.

Trump Buys a Tesla Then Moves to End Pro-EV Rules

Trump Buys a Tesla Then Moves to End Pro-EV Rules

The day after President Donald Trump and adviser/Tesla CEO Elon Musk showed off the president’s just-purchased Tesla Model S, the Trump administration took the next step in eliminating the Biden administration’s push to increase electric vehicle production. Find out more at Headlight.News.

With Trump’s Canadian and Mexican Tariffs on Brief Hold, European Automakers Wonder if They’re Next

With Trump’s Canadian and Mexican Tariffs on Brief Hold, European Automakers Wonder if They’re Next

President Donald Trump on Wednesday said he would delay by a month new tariffs covering Canadian and Mexican auto imports. But even with that delay, the industry is waiting to see if Trump will next move to target additional trade partners. Trump has already hinted that European automakers could be next in his sights. More from Headlight.News.