NEW: Get Updates by Email

Tariffs

Tesla Stock Tumbles as Musk, Trump Feud Reignites, Sales Slide

Tesla Stock Tumbles as Musk, Trump Feud Reignites, Sales Slide

After seemingly declaring a truce last month, Tesla CEO Elon Musk and Pres. Donald Trump went after each other again on Monday, the president threatening to trash federal subsidies for Tesla and SpaceX. It didn’t help the automaker’s stock as analysts warned of a sharp downturn in sales when Tesla reveals its second-quarter results on Wednesday. More from Headlight.News.

Chinese Automakers Pose a Growing Risk – But So Do Tariffs and a Shortage of Skilled Workers, Warns Ford CEO Farley

Chinese Automakers Pose a Growing Risk – But So Do Tariffs and a Shortage of Skilled Workers, Warns Ford CEO Farley

Chinese domestic automakers are becoming a major threat as they gain acceptance around the world with new, low-cost products, Ford CEO Jim Farley warns. But that’s not the only challenge facing Ford and other traditional manufacturers – particularly those in the U.S. There are Trump’s tariffs, for one thing, as well as a shortage of the skilled workers automakers depend on. More from Headlight.News.

Expect to Spend Nearly $2,000 More for a New Car as Trump Tariffs Take Hold

Expect to Spend Nearly $2,000 More for a New Car as Trump Tariffs Take Hold

Expect to spend nearly $2,000 more for your next vehicle due to the Trump administration’s tariffs on imported autos and auto parts, automakers expected to pass on most of the $30 billion in higher costs they’ll face, according to a new study, But that could result in 1 million fewer sales this year, while some foreign-made vehicles will likely vanish from U.S. showrooms because they’ll be priced out of reach, reports Headlight.News.

Tesla Takes Top Four Spots in American-Made Index

Tesla Takes Top Four Spots in American-Made Index

This year’s annual American-Made Index from Cars.com saw the Tesla Model 3 rise to the top of the list, followed by the rest of the Tesla lineup. Last year’s winner was the Model Y so this is getting to be old hat for the brand. However, the big surprise was what company didn’t have a vehicle in the top 20. Go to Headlight.News to find out which Red, White and Blue touting company didn’t make the grade.

GM Investing $4 Billion in Expanding U.S. Manufacturing Operations

GM Investing $4 Billion in Expanding U.S. Manufacturing Operations

General Motors is plowing about $4 billion into plants in Michigan, Tennessee and Kansas during the next two years. The move will shift production of its highly profitable full-size pickups and SUVs from outside the U.S. to its massive plant in Orion, Michigan, north of Detroit. Find out more about the plans at Headlight.News.

Expect to find Fewer Imports at Your Local Dealership as Trump Tariffs Take Hold

Expect to find Fewer Imports at Your Local Dealership as Trump Tariffs Take Hold

If you’re planning to buy an import vehicle anytime soon be prepared to wait. Dealers around the country are beginning to run short of some foreign-made models, according to recent reports, as manufacturers reduce shipments to the U.S. due to the Trump auto tariffs. And that could spell trouble for motorists, in general, as the slowdown also impacts foreign-made service and repair parts. More from Headlight.News.

Tesla Stock Tumbles as Musk, Trump Feud Reignites, Sales Slide

As Musk, Trump Go to War, Tesla Takes Collateral Damage

Barely a week after they bid adieu during a collegial meeting in the Oval Office, Pres. Donald Trump and Tesla CEO Elon Musk have launched what has rapidly escalated into an all-out war of words, amplified by their individual social media outlets. The feud has already left Tesla lurching, nervous shareholders fueling the automaker’s biggest one-day loss ever. But Musk appears positioned to do some damage of his own.

The Pace of New Vehicle Development “Has Slowed to a Crawl” – Bad News for Buyers

The Pace of New Vehicle Development “Has Slowed to a Crawl” – Bad News for Buyers

The number of all-new models coming to market over the next four years is predicted to drop sharply as manufacturers around the world cut back on investments. That will be particularly obvious in the EV market as the industry shifts back to internal combustion, according to the latest annual “Car Wars” study.

Nissan Kills Versa, America’s Most Affordable Car – Blames Trump Tariffs

Nissan Kills Versa, America’s Most Affordable Car – Blames Trump Tariffs

Nissan plans to scrap the Versa. It’s not only the cheapest vehicle in the automaker’s line-up but the lowest-priced model offered in the U.S., period. The Trump tariffs are one of the key reasons for this decision, reports Headlight.News, noting the entire entry auto market could vanish.