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Rivian Finishes Q1 in Black Again as Lucid Sets New Delivery Record

Rivian Finishes Q1 in Black Again as Lucid Sets New Delivery Record

American EV makers Rivian Automotive and Lucid Motors released their first-quarter earnings results, each hitting positive markers for the period. Rivian earned another $1 billion in funding from Volkswagen for turning a gross profit. Meanwhile, Lucid hit another vehicle delivery record during the period. Find out more at Headlight.News.

Toyota, Mazda, Honda Lead Best Used Cars Lists for Teen Drivers

Toyota, Mazda, Honda Lead Best Used Cars Lists for Teen Drivers

With the end of the school year approaching quickly, many teenagers are on the hunt for a summer job. This means many parents — and teens — are hunting for a vehicle to get them to and from work and the rest of their lives. IIHS and Consumer Reports teamed up to provide a slew of good options. Headlight.News has the story.

Ford Posts Lower Profits, Predicts $1.5 Billion Hit Due to Tariffs

Ford Posts Lower Profits, Predicts $1.5 Billion Hit Due to Tariffs

As expected, Ford Motor Co. reported a drop in earnings and profits for the first quarter of 2025. The company also suspended its earnings guidance for the rest of the year, but did estimate the new tariffs could cost the automaker about $1.5 billion. Get details at Headlight.News.

Auto Prices Going Up, Even Before Tariff Hit

Auto Prices Going Up, Even Before Tariff Hit

Millions of American motorists have been rushing to buy before the Trump auto tariffs take hold. But automakers and auto dealers were already driving up transaction prices even before the sanctions went into effect on May 3, despite White House claims prices won’t rise. If anything, costs are going to continue going up, reports Headlight.News.

April Sales Surge as Buyers Rush to Beat Tariffs – But Trouble Looms Ahead

April Sales Surge as Buyers Rush to Beat Tariffs – But Trouble Looms Ahead

Buyers worried about future price increase under Trump tariff plans kept dealers busy during April. But momentum is expected to sputter out when sanctions go into effect on May 3, potentially raising vehicle prices by thousands of dollars. Headlight.News has more.

Trump Tariffs Expected to Cost GM $5 Billion as Automaker Revises 2025 Forecast

Trump Tariffs Expected to Cost GM $5 Billion as Automaker Revises 2025 Forecast

General Motors revised its full-year financial forecast and said the auto tariffs put in place by Pres. Donald Trump could cost it as much as $5 billion this year – despite the White House move this week to offer automakers some modest relief. As a result, it expects to see sales, revenues and net income fall sharply when compared to its original forecast for 2025. More from Headlight.News.