With the arrival of Donald Trump in the White House, many expect it’s simply a matter of time before the $7,500 tax credits for buying qualifying electric vehicles are history. However, some Republicans are moving in the opposite direction, calling for a one-time, $1,000 tax on new EVs. Find out why they may not be out of line at Headlight.News.
Automakers are using new forward-collision avoidance technology to great effect, a new study reveals, with 22 of 30 vehicles tested earning kudos from the Insurance Institute for Highway Safety. But a number of products from Detroit manufacturers fell short, reports Headlight.News.
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.
Pres. Donald Trump’s administration ordered a halt to a Biden-era program meant to provide $5 billion in funding for a nationwide network of EV charging stations. It’s the latest step by the White House to curtail EV adoption. But this program could hurt one of the most powerful men in Trump’s inner circle, Tesla CEO Elon Musk, who also runs the new Department of Government Efficiency.
Results from a new study from the Insurance Institute of Highway Safety temper the belief that many vehicle owners hold: Bigger is better. Not exactly, the group claims, after the new study shows that the occupants in the larger vehicle aren’t as safe from harm as they used to be. Find out more at Headlight.News.
Pres. Donald Trump has warned he may announce tariffs of up to 25% against two major trade partners, Canada and Mexico, as early as Saturday, February 1. Additional tariffs targeting China may also be announced. The potential impact could be felt far and wide — especially in the auto industry, with manufacturers facing a threat to profits and consumers facing the risk of higher prices. Some familiar vehicles could also disappear from the market, especially entry-level models.
The U.S. Department of Transportation orders the National Highway Traffic and Safety Administration to stop implementing new fuel economy regulations in an attempt to lower new car prices but raises new questions as well.
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.
Stellantis will reopen a now-shuttered assembly plant in Belvidere, Illinois, the company’s U.S. chief operating officer told employees in an e-mail. The factory will produce a new midsize Ram pickup, however, rather than the EV originally planned for the facility....
Chinese auto sales hit record levels last year – both at home and abroad. Automakers like BYD and Geely saw exports grow 400% since the beginning of the decade, making major inroads in markets like Europe and Latin America. For now, only a handful of Chinese vehicles are sold in the U.S., the Biden administration quadrupling tariffs last year. But a new study shows many American buyers eagerly hoping to see the market open up, with younger motorists particularly interested in Chinese vehicles.
With its quirky rounded exterior, Canoo caught the attention of plenty of potential electric vehicle buyers. However, the looks weren’t enough to translate to sales and profits. Canoo filed Chapter 7 bankruptcy. Get details at Headlight.News.
As of noon on Monday, the United States has a new president – and Donald Trump is expected to move quickly to implement an agenda calling for major changes in America’s domestic and foreign policies. The auto industry, in particular, could feel the impact of Trump’s agenda in a variety of ways: from foreign trade to EV and emissions policies. Here’s a closer look at what that might means.