Is Polestar the next Rivian or the next Fisker? The company’s looking to be the former not the latter, but if it’s going to be a success, it has a long way to go. The EV maker secured a $450 million loan for short-term help and delayed its fourth-quarter earnings report. Find out what’s next at Headlight.News.
Barring a last-minute change of mind, the White House has signaled Pres. Donald Trump will announce new tariffs targeting America’s largest trading partners, Canada and Mexico, on Tuesday. The move is expected to increase the cost of many common goods substantially, including not only fully assembled vehicles imported from America’s nearest neighbors but other cars, trucks and crossovers assembled in the U.S. That’s because virtually all of those models rely on at least some Mexican and Canadian parts, components and raw materials.
Tesla stock wracked up its sixth straight loss on Thursday, reaching its lowest point since the automaker’s shares surged in the wake of the 2024 presidential election and CEO Elon Musk’s close ties to Donald Trump. Musk’s role in the new Trump administration has been a key factor in the downturn, but analysts warn of other issues that could make it difficult for Tesla to bounce back.
While new vehicle prices continue to rise month after month, used car prices have been declining in 2025. Admittedly, it’s still early in the year but as new car sales keep rising so too do the number of trade-ins, but demand has kept used-car inventory tight which means uncertainty for prices long term. Get details at Headlight.News.
More new vehicle buyers remained loyal to their previous purchases in 2024 than the year prior, and General Motors and Tesla top the charts when it comes to owner retention efforts. That said, owner loyalty numbers are still below pre-pandemic levels. Find out more at Headlight.News.
Stellantis continues to navigate through troubled ties as the company admits its profits fell 70% during 2024 and says it won’t be profitable again until 2025.
EV maker Lucid Motors was expected to report it lost money during the final quarter of 2024, but the company’s earnings report featured a surprise element: the departure of its founder and CEO Peter Rawlinson. Get details at Headlight.News.
Who says the EV market is on the wane? Not U.S. consumers who bought a record number of all-electric cars, trucks and crossovers last month, according to the latest data. In January, battery-electric models accounted for 9.1% of the market, up nearly nine-fold over the last half-decade, despite the anti-EV push by the new Trump administration. Headlight.News has more.
Honda Motor Co. and General Motors have been partners in a variety of efforts to improve technology and save money in the process. While some of the pairings have done well, Honda and GM have been steadily drifting apart for the past few years. Get details at Headlight.News.
Stellantis is late to the hands-free party but plans to arrive with a bang. It’s newly introduced AutoDrive system is designed to allow the driver to take their hands and eyes off the road in low-speed situations. However, officials aren’t making the system available right now. Get the details at Headlight.News.
Alef Aeronautics pushed ahead in the development of its flying car with a short test flight on a city street. The company’s prototype flew over another vehicle, simulating how a future driver might deal with blocked traffic. Find out more at Headlight.News.
The competition in China is getting tougher for General Motors. As a result, the automotive company is restructuring, including shutting down a plant that built a minivan and an SUV for the Chinese market. Find out more at Headlight.News.