EV maker Fisker secured a deal with creditors to liquidate its assets while providing ongoing assistance to the owners of the vehicles it has already produced. Find out more at Headlight.News.
Legal
UAW Charges Musk, Trump With Trying to Intimidate Workers
The United Auto Workers is challenging the explicitly anti-union, and anti-workers language used by former President Donald Trump and Tesla CEO Elon Musk during an interview on Musk’s social media service X on Monday.
Ford Issues Do-Not-Drive Order Due to Takata Airbags
The faulty Takata airbag inflator recall continues to cause problems for automakers with Ford issuing a Do-Not-Drive Advisory to owners of Ford vehicles that have been part of the three recalls involving the dangerous inflators who have not yet had their vehicles repaired. Find out more at Headlight.News
Mercedes Leading Industry Crack Down on Counterfeiters
Automakers face a slew of problems regularly: emissions compliance, workplace or office issues, quality shortcomings and more. However, the problem of counterfeit parts affects them all. Mercedes-Benz works with law enforcement globally to combat the problem, which can make vehicles less safe and certainly takes money out of the automaker’s coffers. Check out what Mercedes and the rest of the industry is dealing with at Headlight.News.
Tesla’s Trade Secret Lawsuit Against Rivian Heading to Court
It will be up to a California court to determine the outcome of a long-running suit pitting two EV manufacturers, Tesla and Rivian. The bigger of the two has accused its rival of stealing trade secrets and a judge has ruled the case will have to go to trial after Rivian filed to get it dismissed earlier this week.
Want a Brand New EV For Just $14,000? There’s Just One Catch
The high cost of today’s EVs has slowed demand. But there’s one model now priced at just $14,000, making it one of the lowest-priced vehicles on the market. But there is one catch: those 3,000 Fisker Ocean SUVs are being liquidated as part of the automaker’s bankruptcy. Whether you’ll be able to get parts and service going forward is far from certain.
New Tariffs Force Volvo to Delay U.S. Launch of Chinese-Made EX30 EV
Volvo has “delayed” the U.S. launch of the EX30 battery-electric vehicle due to new tariffs on Chinese-made EVs announced in May by the Biden administration. That delay appears likely to last until at least sometime in 2025 when the automaker plans to begin production of the EX30 at a second plant in Ghent, Belgium.
UAW Fight Heats Up as Honda Accused by NLRB of Anti-Union Activity
National Labor Relations Board accused Japanese automaker Honda of engaging in activities aimed at discouraging union organization activities. The agency offered several examples of the behavior. Honda officials say they look forward to the hearing. Find out more at Headlight.News.
Fisker Files for Bankruptcy
For the second time in less than a dozen years, entrepreneur Henrik Fisker’s effort at launching an automotive start-up has plunged into bankruptcy. Start-up Fisker Inc. filed for Chapter 11 protection late Monday. While the one-time auto designer said the filing leaves a “viable path forward,” the options for saving the company appear increasingly sparse.
Charging Cable Thefts Becoming New Obstacle For EV Adoption
Charging cable thefts are rapidly becoming a new obstacle for mass EV adoption and are also becoming a major issue for EV owners
Musk Faces Growing Opposition to $56B Pay Deal Ahead of 6/13 Vote
A growing number of investors have announced they will vote against the $56 billion pay package Tesla’s board of directors wants to give CEO Elon Musk – though the South African-born executive insists he has lined up enough support for the proposals approval during a shareholder’s meeting this week. What happens if the plan is rejected? Musk already has fired a warning shot.
Subaru Drivers Get the Most Speeding Tickets
Seemingly, more and more people are driving too fast for conditions these days; however, drivers of certain vehicles get caught speeding more than others, starting with Subarus. Go to Headlight.News for the details.