While EV sales growth has slowed down this past year, demand was still up by about 10% in 2024. And the numbers would have been even bigger were it not for Tesla. While still the market leader, it suffered a first-ever annual sales decline last year. A variety of factors were at play, including CEO Elon Musk’s increasingly polarizing politics. More from Headlight.News.
He may have had just one term in the White House but it came at a critical time for the nation, as a whole, and for the auto industry, in particular. Former President Jimmy Carter, who passed away over the weekend at the age of 100 oversaw changes to automotive safety and emissions regulations. He was also in the Oval Office at a time of a major oil embargo, an assault by automotive imports and a time of reckoning for Detroit’s automakers – including the near collapse of Chrysler Corp.
A conversation on the future of Lamborghini in the face of electrification and troubles at parent company Volkswagen Group with the sports car brand’s CEO Stephan Winkelmann.
Jean Jennings was a gifted storyteller who became one of the go-to authorities about the auto industry. Unfortunately, she was silenced by Alzheimer’s Disease, passing away this week at the age of 70. Headlight.News takes a look at her life.
Dodge brand boss Tim Kuniskis has returned to Stellantis after retiring in June. He’ll take charge of Ram, the automaker announced Monday. It’s just one of the first steps in what could be a much broader management shake-up to follow the unexpected resignation of Stellantis CEO Carlos Tavares earlier this month.
A Delaware judge has again rejected the $56 billion payout for Tesla CEO Elon Musk, even after shareholders voted to reinstate the package earlier this year. But even if the ruling is upheld, the South African-born entrepreneur and confident to President-elect Donald Trump is expected to remain the world’s richest man.
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.
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.
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.
Pablo di Si unexpectedly stepped down as head of the Volkswagen Group of America and will be replaced by Rivian executive Kjell Gruner, the automaker announced Tuesday. The move comes at a critical time for VW which has been struggling to move its all-electric models in the U.S., even as it prepares to launch the all-new, all-electric Scout brand.
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.
Months after announcing a tentative alliance, Rivian and Volkswagen firmed up their relationship Wednesday, announcing that the German automaker is making a nearly $6 billion investment into the U.S. EV start-up. The news sent Rivian shares surging after they had fallen by as much as two-thirds their 52-week-high in recent months.