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.
Personalities
Obituary: Writer, Editor, Skillful Raconteur and Legend Jean Jennings Passes Away at 70
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.
The Shake-Up Accelerates at Stellantis as Kuniskis Returns, More Moves in the Works
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.
Judge Again Rejects Musk’s $56 Billion Pay Package
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.
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.
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.
Si, Pablo Di Si is Out as VW Group of America CEO
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.
Hyundai Names Muñoz its New CEO — First Non-Korean in Leadership Position
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.
VW Deal Gives Big Boost to Struggling Rivian
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.
Trump Election Crimps UAW Political Influence
The 2024 election cost organized labor — especially the UAW — influence in Washington, D.C. It also handed an old foe, Tesla CEO Elon Musk, more sway over industry and labor in the new administration. Get the story at Headlight.News.
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.