With demand in a sharp slump, Tesla’s controversial Cybertruck has slipped to second in the emerging EV pickup segment, behind the Ford F-150 Lightning. But the Blue Oval’s all-electric truck has its own struggles. Headlight.News has more.
Executives
GM Picks Silicon Valley Veteran as Product Chief
A Silicon Valley veteran with experience at Tesla and self-driving vehicles as well as a high-tech startup will take over leadership of General Motors’ product development for battery electric and ICE vehicles, beginning in June. Get details at Headlight.News.
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.
Headlight News Podcast for the Week of 5-12-25
In this week’s podcast, we discuss the new UK-U.S. Trade Deal as well as how tariffs are hitting home as well as many other issues the industry is facing. We also offer a look back at automotive history and a review of the 2025 Chevrolet Equinox EV. Get the ‘cast at Headlight.News.
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
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
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
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
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.
Headlight News Podcast for the Week of 5-5-25
This week on the Headlight News podcast, we talk about the strong April sales numbers, as well as President Trump implementing his tariffs on the auto industry, plus a review of the 2025 Lincoln Navigator and more.
Trump Tariffs Expected to Cost GM $5 Billion as Automaker Revises 2025 Forecast
General Motors revised its full-year financial forecast and said the auto tariffs put in place by Pres. Donald Trump could cost it as much as $5 billion this year – despite the White House move this week to offer automakers some modest relief. As a result, it expects to see sales, revenues and net income fall sharply when compared to its original forecast for 2025. More from Headlight.News.
Tesla Calls “Absolutely False” Reports Board Looking to Replace Musk
Tesla denied reports the company’s board has begun searching for a replacement for CEO Elon Musk. The South African-born entrepreneur has come under increasing fire due to his ties to the Trump administration, leading to a sharp slump in Tesla sales and earnings and calls by some leading investors to find a new chief executive. Headlight.News has the latest.