Facing an uncertain economic environment that threatens to undermine demand for retail sales, including new vehicles, the Federal Reserve Board voted to cut interest rates. But it’s far from clear that will be enough to head off an automotive downturn worsened by anticipated tariff-driven price hikes. More from Headlight.News.
Now it’s Toyota’s turn. The automaker is recalling nearly 600,000 vehicles sold under both the Toyota and Lexus badges because their digital instrument panels can fail. Similar problems have plagued its competitors this year, notably Ford, reports Headlight.News.
Hundreds of South Korean workers detained by an ICE raid at a Hyundai battery plant in Georgia were returned home to cheers from family and government officials. But Korean companies are worried that more immigration raids will follow, throwing into chaos Korean-owned auto, shipbuilding, steel and electrical equipment operations across the U.S. Headlight.News has more.
Another day, another big Ford recall, it seems, the automaker now announcing it needs to fix faulty rearview cameras in about 1.9 million vehicles. It’s the second time this problem has cropped up recently – and now brings the total number of recalls involving Ford products to well over 100 this year. Headlight.News has more.
South Korea’s foreign minister headed to the U.S. Monday morning to move forward with plans to release hundreds of South Korean nationals arrested last week while working on the construction of a $7.6 billion Hyundai battery plant in Georgia. The move came just days after the Korean carmaker upped investment plans for the U.S. to $26 billion — and threatens to chill relations between the U.S. and one of its staunchest allies. Headlight.News has more.
Hundreds of employees of LG Energy Solution, a South Korean battery maker, were taken into custody in an immigration raid at a Hyundai plant being built outside Savannah, Georgia, officials from both ICE and the South Korea’s Foreign Ministry have confirmed.
Ford Motor Co. is recalling nearly 500,000 SUVs due to potential brake failures. The announcement comes barely a day after it issued a recall for 355,000 late model pickups due to the possibility their instrument panel’s digital display could fail. The two new service actions add to what was already an all-time record for recalls in a single year. More from Headlight.News.
EV sales will “flatten considerably” once federal tax credits expire at the end of September, according to a new study. Even with more affordable models coming to market, EV market share will be nearly half what was previously expected before Congress voted to eliminate the incentives. Hoping to clear out inventory before then, automakers have launched a variety of deals that could put some buyers behind the wheel of an EV for less than $100 a month. More from Headlight.News.
The Headlight News podcast discusses EV sales and charger expansion, Ford’s new cheap EV plan, and reviews the 2025 Genesis G80 and more. Check it out at Headlight.News.
The lack of a robust public charging network is often cited as a key reason why EV sales have slowed down. But despite a cut in federal funding, the rollout of chargers has continued accelerating. Better yet, a new study finds that the number of times EV owners plug in, only to find the charger doesn’t work, has fallen substantially. More from Headlight.News.
It’s been nearly two years since General Motors pulled the Chevrolet Camaro off life-support, the once formidable muscle car barely making a dent in the market by then. But fans have nonetheless pleaded with GM ever since to bring it back. Now, fueled by insider reports and comments from the automaker’s Pres. Mark Reuss, new reports suggest Camaro really is coming back – just not as you might expect it.
Look for more powertrain options from Jeep going forward – with an emphasis on muscle, brand officials said Thursday. That includes the return of the 6.4-liter Hemi Hellcat engine while development of even more new performance “projects are already underway.” Jeep buyers also will get new opportunities to customize their vehicles when it comes to color, features and more, reports Headlight.News.