With sales of electrified sales climbing, even as inflation and interest rates fall, Ford, Toyota, and Honda all reported strong sales in November. General Motors also hinted it had a big month while Tesla pulls back on Cybertruck.
Hybrids
Consumer Reports Has Some Big Surprises as it Hands Out its Annual Automotive Report Card
Ready to invest in a new car, truck or crossover? There are plenty of choices these days. But how do you know what’s right for you? Consumer Reports is offering a helping hand as it releases its Automotive Report Card. The annual study helps you figure out which brands and models are reliable, feature-loaded and fun to drive – and which products to steer close of. And this year’s report contains more than a few surprises.
Western Automakers Losing Ground in China; GM Takes $5 Billion Charge, May Close Plants
Not all that long ago, foreign manufacturers like General Motors, Ford and Volkswagen dominated the Chinese automotive market where, in some cases, they were making their biggest profits. Now, as domestic competitors like Geely and BYD gain traction, times have changed. On Wednesday, General Motors revealed plans to take more than $5 billion in charges to restructure its Chinese operations and is likely to close some of its plants there. But it’s far from the only international manufacturer struggling in the world’s largest automotive market.
Mazda CEO Reveals More on Rotary Engine Revival and Plans for the U.S.
Almost a month after confirming plans to launch a rotary-powered sports car based on its Iconic SP sports car, Mazda CEO Masahiro Moro has offered more insight into what it expects to bring to market – and it means the eventual vehicle might be both smaller and more powerful than originally expected, especially for the U.S. market.
New Vehicle Sales Come on Strong in November – With Several Brands Setting New Records
November ended on a high note, at least from an automotive perspective, with sales of new vehicles delivering solid year-over-year gains for those brands that have so far reported their numbers for the month. And several Japanese and Korean brands ended November with new sales records.
Trump’s Threatened Tariffs Could Cost Automakers 17% of Earnings
President-elect Donald Trump’s proposed 25% tariff on all goods form Canada and Mexico, plus on all Chinese imports could wind up costing automakers as much 17% from their annual earnings. The estimate comes from a new study from S&P analysts. Check out the story at Headlight.News.
CEO Tavares’s Resignation Could Leave Struggling Stellantis Rudderless
With CEO Carlos Tavares resigning “with immediate effect,” and no successor in sight, Stellantis could face even more trouble trying to resolve the problems that saw its sales, earnings — and stock price tumble so far this year. The lack of a chief executive officer also comes at a time when the Euro-American automaker is set to launch an assortment of critical new products, including the first all-electric Jeep and Ram models aimed at the U.S. market.
Trump’s Threatened Tariffs: Protectionism or Ploy?
President-elect Donald Trump again affirmed his plans to levy a 25% tax on all imported goods from Mexico and Canada. The constant threat has many worried about massive price hikes for new vehicles while others point to Trump’s reasoning for the tariffs and call it a negotiation ploy. Get details at Headlight.News.
Tesla Could Lose Out on New California EV Tax Credits
If the Trump administration moves forward with plans to end federal EV tax credits California Gov. Gavin Newsom plans to activate state rebates to help maintain the state’s role as the biggest market for battery-electric vehicles. But there’s a catch: the governor plans to initiate a market cap that would likely exclude the state’s best-selling EV brand: Tesla.
Tesla Strikes a Delicate Balance Between U.S., China – and Trump
With its EV sales in Europe and the U.S. slowing, Tesla has become more dependent on sales in China. But the competition is fierce, and trade tensions could hamper Elon Musk’s ambitious future. Musk’s central role in the incoming Trump administration further complicates matters.
First Drive: 2025 Lamborghini Urus SE Plug-In Hybrid SUV
You might think that Toyota is the poster child for their fleet going hybrid. But check out Lamborghini. Gas-electric hybrids are flooding out of the automaker’s Sant’Agata factory. We spent a couple days in Italy checking out the latest entry, the 2025 Lamborghini Urus SE Plug-In Hybrid SUV.
Live From LA!
The 2024 LA Auto Show is now being turned over to the public, but not before scores of new vehicles — ICE and electric — made their debut in the City of Angels. Headlight.News went to Los Angeles to ensure we had the latest news from this year’s event. Check out the stories.