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Executives

Musk Promises to Stay in Tesla Role for 5 Years, Cutting Back on Politics

Musk Promises to Stay in Tesla Role for 5 Years, Cutting Back on Politics

Elon Musk is cutting back on political activity as Tesla pushes into autonomous vehicles, announcing plans to stay with the automaker as CEO for the next five years. Musk also said autonomy is the key to Tesla’s future, with its new CyberCab ready to roll next month.

Toyota Has a Dozen New Products Coming – And the Active Word is “Electrified”

Toyota Has a Dozen New Products Coming – And the Active Word is “Electrified”

This is going to be a big year for Toyota and its sibling Lexus brand. Look for two dozen new and refreshed models to reach showrooms in the coming months. As has become the norm for the two marques, the emphasis will be on “electrified” drivetrains, including at least five EVs. But there’ll also be something to satisfy classic gearheads, as well. More from Headlight.News.

Times Get Tougher at Nissan with 10K More Layoffs Coming

Times Get Tougher at Nissan with 10K More Layoffs Coming

Nissan’s push to get back to prosperity continues to take it through tough times. The company apparently is preparing to layoff 10,000 workers — in addition to the 9,000 it’s already sent packing. This news comes as it prepares to release a quarterly earnings loss in the billions of dollars. Find out more at Headlight.News.

Stellantis’ U.S. Boss May Soon Be Running the Entire Company

Stellantis’ U.S. Boss May Soon Be Running the Entire Company

Nearly a half year after the unexpected resignation of Carlos Tavares, the founding chief executive of Stellantis, the Euro-American automaker has yet to name a replacement. But the search may be coming to an end, according to a new report which says Antonio Filosa, currently the head of Americas operations for Stellantis, has become the leading candidate.

Newer, Cheaper Version of Tesla Model Y Debuts

Newer, Cheaper Version of Tesla Model Y Debuts

The first major update of Tesla’s best-selling product line, the Model Y, has officially gone on sale. Known internally by its codename, Juniper, it’s also being offered in a newer, cheaper form, with a base rear-wheel-drive package dropping to $37,490 after factoring in federal tax credits. Whether that will reverse declining Tesla sales, hurt by widespread protests against CEO Elon Musk’s role in the Trump administration, remains to be seen. More from Headlight.News.

Rivian Finishes Q1 in Black Again as Lucid Sets New Delivery Record

Rivian Finishes Q1 in Black Again as Lucid Sets New Delivery Record

American EV makers Rivian Automotive and Lucid Motors released their first-quarter earnings results, each hitting positive markers for the period. Rivian earned another $1 billion in funding from Volkswagen for turning a gross profit. Meanwhile, Lucid hit another vehicle delivery record during the period. Find out more at Headlight.News.

Duncan Aldred, GM’s New Head of N. America, Has a Tough Job Ahead

Duncan Aldred, GM’s New Head of N. America, Has a Tough Job Ahead

General Motors has appointed veteran Duncan Aldred to run the company’s North American business operations. The British-born executive comes in at a critical time for the automaker which just warned expects to take as much as a $5 billion hit from Pres. Donald Trump’s auto tariffs. Headlight.News has more.

Ford Posts Lower Profits, Predicts $1.5 Billion Hit Due to Tariffs

Ford Posts Lower Profits, Predicts $1.5 Billion Hit Due to Tariffs

As expected, Ford Motor Co. reported a drop in earnings and profits for the first quarter of 2025. The company also suspended its earnings guidance for the rest of the year, but did estimate the new tariffs could cost the automaker about $1.5 billion. Get details at Headlight.News.