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.
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Lucid CEO Rawlinson Steps Down as EV Maker Keeps Posting Losses
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.
EV Market Share Hits New Record
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, General Motors Continue to Drift Apart, Ending Fuel Cell Partnership
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 Reveals New AutoDrive Hands-Free Tech — But Delays Availability
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 Takes Next Step — or Flight — in Development of Flying Car
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.
GM Closing Plant in China as Part of Restructuring
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.
Nissan Teases Six Models As it Struggles to Reverse Sales, Earnings Slide
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.
Honda Open to Resuming Talks with Nissan — If CEO Leaves
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.
Automakers Brace as Trump Promises New Tariffs on April 2
Automakers and auto buyers could face new import tariffs, based on comments made by Pres. Donald Trump. Such a move would drive up costs not only for foreign-made vehicles but likely also will impact many of those assembled in the U.S. as most of those rely on imported parts and components. With the average transaction price for new vehicles already near record levels, analysts warn, many buyers could be priced out of the market. And, with some trade partners already warning they would strike back with new tariffs of their own, U.S. auto exports may also take a big hit.
A Week With 2025 Subaru Outback Touring XT
When there's heavy snow in the forecast, you want the Subaru Outback to be sure you get home safely. Our critic spent a week with the Touring XT trim package to see how it would handle and was greeted with a rare snow storm along the Oregon coast to check things out....
Republican FAIR Act Fails to Treat EV Owners Same as ICE-Vehicle Owners
A group of U.S. Senate Republicans proposed new legislation that would charge anyone who buys a new electric vehicle a $1,000 fee at the time of purchase. The stated goal is to off-set the lost federal gas tax revenue used to help maintain America’s roads and bridges. However, is it fair or one more attack by the party on EVs. Get details at Headlight.News.