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.
With its planned merger with Honda now likely dead, Nissan desperately needs to come up with the products that can help it head off a further decline in sales and earnings. It’s dropped a teaser showing some of what it now has in the pipeline ready to debut over the next two years – and the emphasis is on electrified drivetrain technology, with a Rogue PHEV, e-Power models and even a new Nissan Leaf in the works.
Two weeks after halting talks that would have resulted in some form of partnership between Honda Motor and its faltering rival, Nissan Motor, Honda officials say they’re willing to resume discussions. There is one caveat: current Nissan CEO Makoto Uchida needs to step down. Get details at Headlight.News.