Tariffs Drag Stellantis Deep Into the Red – and Will Get Worse in 2nd Half, Automaker Warns
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Headlight News Podcast for the Week of 7-28-25
On this week’s Headlight News podcast, we talk about President Trump’s trade deals, how the existing tariffs crashed Tesla’s and GM’s second quarter earnings, the new Honda Prelude as well as offering a review of the new Toyota Prius Prime. Check it out and tell us what you think.
EU Trade Deal Will Cost American Car Buyers, European Automakers Billions
U.S. and European trade negotiators reached the framework agreement on a new trade deal that will result in new, 15% tariffs on most European goods shopped to the States, including automobiles. That’s a sixfold increases from before and for buyers of products from brands like BMW, Mercedes-Benz, Fiat and Maserati, that could mean substantially higher prices. It could also hammer profits for those manufacturers – though U.S. negotiators hope the deal will see more production moved to the United States. More from Headlight.News.
UAW Says it Was Burned by Trump on Tariffs
After throwing its support behind Pres. Donald Trump’s 25% tariffs on imported autos and auto parts, the United Auto Workers admits is coming up empty handed in the administration’s new deal with Japan, which offers nothing for workers and could lead to lower wages. Headlight.News has more.
Tesla Earnings Plunge while Musk Warns of “a Few Rough Quarters”
Tesla reported a 16% plunge in second-quarter net income as its worldwide sales continue to decline. CEO Elon Musk warned that there could yet be “a few rough quarters” ahead before the automaker gets its long-promised “affordable” EV into production. More from Headlight.News.
Volvo Slashing U.S. Line-Up By Half as Tariffs Crush its Bottom Line
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.
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.