Volvo will trim its U.S. line-up as it copes with the challenges posed by Pres. Donald Trump’s import auto tariffs. Among the models going away: the S60, S90 and ES90 sedans. More from Headlight.News.
Government
Japanese Auto Imports Face 15% Tariff Under New Trade Deal
As part of a new trade deal, Japanese auto imports will now face 15% reciprocal tariffs, down from the earlier 25% levied as part of Pres. Donald Trump’s trade war. Japan also agreed to set up a $550 billion fund to back investments in the United States. More from Headlight.News.
GM Net Income Crashes as Trump Tariffs Take Hold
General Motors reported a 35% decline in net income for the second quarter of the year, much of that due to the new Trump tariffs which took a $1 billion bite, the automaker reported. More from Headlight.News.
Plunging $2.7 Billion into the Red, Stellantis Expects Even Bigger Hit from Trump Tariffs Later This Year
Stellantis reported a preliminary loss of $2.7 billion for the first half of 2025 – and the second half is looking to be even worse, the automaker warned Monday, putting much of the blame on Pres. Donald Trump’s automotive tariffs. Add program cuts and other issues and it creates some big challenges for new CEO Antonio Filosa. More from Headlight.News.
Automakers Will Face No Fines for Missing Mileage Targets – and it Wil Cost Tesla Billions
Detroit’s Big Three automakers are among those cheering the Trump administrations decision to end penalties for missing federal fuel economy mandates. Not so Tesla, however. The automaker stands to lose billions of dollars in revenues earned selling mileage credits. Headlight.News explains.
Headlight News Podcast for the Week of 7-14-25
This week’s podcast covers Ford’s new recall record, buyers paying more than ever for new cars, Trump issuing a new tariff and we also review the Hyundai Ioniq 9. Check it out on Spotify or click on the link in the story.
Ford Sets Auto Industry Recall Record – and it’s Only July
While Ford may be doing well from a sales perspective this year, there’s another number it can’t be proud of. Detroit’s second-largest automaker launched 89 separate recalls during the first six months of 2025 – surpassing the previous full-year record set by General Motors. And there may be more coming. More from Headlight.News.
New Car Buyers Spending $1K a Month Hits Record Levels
With new vehicle prices rising for a multitude of reasons, the average monthly payment for a new vehicle is fast approaching $800 a month. More importantly, more buyers than ever are paying over $1K a month for a vehicle. Get details at Headlight.News.
Your Next Vehicle Could Cost Thousands More as Trump Announces New Tariff on Copper
New vehicle prices are already rising an average $2,000 due to Trump tariffs. They could be hit with another big increase as the president readies a 50% tariff on the miles of copper found in today’s automobiles. Headlight.News has more.
Nissan Postpones Two U.S.-Made EVs After Congress Kills Tax Credits
Nissan is delaying by at least ten months the launch of two battery-electric vehicles it had planned to build in the United States. The move was blamed on the vote by Congress to phase out federal EV tax credits at the end of September. More from Headlight.News.
Thinking of Buying an EV? Move Fast as Federal Tax Credits Are About to End
If you’re looking to buy a battery-electric vehicle you might want to move fast. Under the controversial spending bill passed by Congress last week federal tax credits covering new and used EVs will expire at the end of September. Headlight.News has more.
Headlight News Podcast for the Week of 7-7-25
This week’s Headlight News podcast takes a look at the latest moves by Tesla CEO Elon Musk. He’s founding his own political party as Tesla sales continue to tumble. Can anyone say “Hello Nero!” Check those stories and more on this week’s show. Get it at Headlight.News.