Insurance provider Allstate finds itself in hot water after Texas Attorney General Ken Paxton alleges the company paid smartphone app developers to track consumers without their knowledge.
Legal
Trump Could Roll Back Fuel Economy Rules Despite Strong Support From U.S. Motorists
During his first term in office Pres. Donald Trump attempted to roll back federal fuel economy standards. He has signaled plans to take similar steps when he returns to office and may also issue orders that could reduce demand for highly efficient EVs. But that would fly in the face of what a new survey shows: improved fuel economy “at least somewhat important” to 96% of American drivers, crossing political boundaries.
FBI Investigating Tesla Cybertruck Explosion in Las Vegas
The explosion of a Tesla Cybertruck in front of a hotel owned by President-elect Donald Trump Wednesday is now being investigated by the FBI for potential ties to terrorism as well as any connection to the New Orleans truck attack that killed 15 people. Get details at Headlight.News.
VW, Union Agree to Unprecedented 35,000 Job Cuts
In an unprecedented compromise, Volkswagen reached an agreement with its German labor union to cut as many as 35,000 jobs in Germany – though the automaker agreed not to order immediate layoffs or plant closures and dropped a demand for 10% wage cuts. The move avoided a mass walkout by members of the IG Metall union but is billed as a way to curb VW’s bloated labor costs, among the industry’s highest.
Honda to Take Lead in Planned Merger with Nissan
Honda and Nissan will merge under a new holding company, the automaker’s announced, confirming months of rumors, with the smaller of the Japanese automakers effectively taking control of the new alliance. Mitsubishi, which was rescued by Nissan in 2016, has yet to decide whether to become part of the alliance. And Renault, which bailed out Nissan in 1999, plans to determine what role it may have going forward.
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.
GM’s Cruise Division To Pay $500k Fine For False Report To DOJ
GM’s autonomous vehicle unit Cruise is on the hook for a $500,000 fine for filing a false report to the Justice Department regarding an accident in October where a pedestrian was run over.
GM Sued Over Malfunctioning Transmission Shifters
GM hit with two lawsuits over faulty shifters in popular GMC, Buick, and Chevrolet products as the company becomes the latest to struggle with safety issues. General Motors was hit with two new class-action lawsuits over an alleged problem with faulty shifters that...
Headlight.News For The Week of 11-11-2024 – Trump’s Potential Impact On Auto Industry – Major Job Cuts – SEMA 2024 – This Week in Automotive History and More
In this week’s episode of the podcast, we talk about Trump’s potential impact on the auto industry and the major job cuts that are rippling across the automotive industry. We also visit SEMA 2024 and review a new vehicle before taking a stop to look at This Week in Automotive History.
EV Start-Up Canoo Teeters Over the Edge
With its losses mounting and stock price tumbling, Canoo appears to be the latest EV start-up to face the threat of collapse. The company furloughed 30 employees at its factory in Oklahoma, even as two more of its top executives resigned.
Decision in Tesla Case Plays Out Well for UAW
United Auto Workers Union chief Shawn Fain has ripped Elon Musk’s efforts to buy elections and change the law for his personal benefit. The UAW has no choice but to participate in politics, Fain said, adding that the union campaign against Trump in swing states is...
Kia Gets Pinched By New Lawsuit Over Faulty Carnival Sliding Doors
Kia gets pinched by a new lawsuit from Carnival owners over faulty sliding doors who say original recall didn’t fix the problem and that Kia breached its warranty agreements with owners.