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Job Cuts Growing as Automakers Fret About the Future

Job Cuts Growing as Automakers Fret About the Future

Automakers in the U.S., Europe and Japan have announced thousands of job cuts over the past month and there’s growing concern the pace could increase as the industry moves into an uncertain new year, with a new presidential administration in Washington threatening to upend automotive rules and regulations — and possibly the economy, as well. Check out the story at Headlight.News.

Trump Readying to Relax Autonomous Vehicle Rules

Trump Readying to Relax Autonomous Vehicle Rules

Wondering what influence Tesla CEO Elon Musk may be having within the newly elected Trump administration? The incoming leaders of the U.S. Department of Transportation are readying to loosen the rules for self-driving vehicles, which would include Tesla’s Full Self-Driving technology. Get details at Headlight.News.

Trump and Republicans Ready to Pull Plug on EV Incentives

Trump and Republicans Ready to Pull Plug on EV Incentives

If anyone hoped that Tesla CEO Elon Musk being named to President-elect Donald Trump’s staff might mean a reprieve for the tax credits created during the Biden administration — guess again. Those credits are as good as gone. Find out more at Headlight.News.

Hyundai Names Muñoz its New CEO — First Non-Korean in Leadership Position

Hyundai Names Muñoz its New CEO — First Non-Korean in Leadership Position

José Muñoz will become global chief executive officer of Hyundai Motor Co. on Jan. 1. It will mark the first time a non-Korean will move into that leadership position — and comes at a critical time for what has become one of the world’s largest automakers.

Ford to Pay Up to $165 Million Fine for Dragging Out Recall

Ford to Pay Up to $165 Million Fine for Dragging Out Recall

Ford agreed to pay one of the largest fines in automotive history for dragging its feet on a 2020 recall covering 700,000 vehicles while also failing to give federal regulators timely information. It’s the latest in a costly series of quality and safety problems impacting Detroit’s second-largest automaker.

Lucid Latest to Try Out for the Force

Lucid Latest to Try Out for the Force

Lucid Motors offered up a specially outfitted Lucid Air to the California Highway Patrol. The department is looking at different vehicles to fit its various needs, and Lucid is the latest to slap a police livery on one of its vehicles to see if it can cut the mustard. Tesla and Ford have done the same in recent months. Get details at Headlight.News.

Trump’s Second Term Presents Opportunities, Poses Risk to Auto Industry, Says Top Toyota Exec

Trump’s Second Term Presents Opportunities, Poses Risk to Auto Industry, Says Top Toyota Exec

After scoring a major win in the election this week, President-elect Donald Trump is widely expected to move quickly on a broad agenda when taking office next January. He has made it clear this will include a number of issues critical to the auto industry, including tariffs and EVs. That presents some significant opportunities for manufacturers, but also poses quite a few risks, said a senior Toyota executive who spoke to Headlight.News shortly after Trump’s victory was confirmed.