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GM Turns Q3 Profit Despite $1.6B Charge Resulting from EV Plans

GM Turns Q3 Profit Despite $1.6B Charge Resulting from EV Plans

General Motors looked to be the leader in the electric vehicle market by investing heavily in the segment, and that push crimped its Q3 earnings numbers as it took a $1.6 billion charge to offset investments in its EV operations during the period. However, the company still reported a profit, and investors are happy. Get details at Headlight.News.

Stellantis Latest to Pause Production as Shortages Again Threaten to Cripple Auto Industry

Stellantis Latest to Pause Production as Shortages Again Threaten to Cripple Auto Industry

Stellantis has temporarily halted production at a Jeep plant in Warren, Michigan, even as three Ford plants sit idle. All face a shortage of aluminum due to a fire at a supplier plant. Meanwhile, automakers are beginning to fret there could be more closures coming across the industry due to semiconductor shortages – repeating a crisis that cast the industry millions of vehicles in lost production during the COVID crisis. Headlight.News has more.

Automakers Paying Nearly $11 Billion on Tariffs – And Consumers Will Start Paying More of the Bill

Automakers Paying Nearly $11 Billion on Tariffs – And Consumers Will Start Paying More of the Bill

The Trump administration’s trade war is proving costly for the auto industry which will wind up paying about $10.6 billion in tariffs – just on autos and auto parts imported from Canada and Mexico – through the end of October, and while they’ve largely absorbed most of those costs, so far, consumers can expect to start seeing more of those tariffs passed on in new vehicle prices in 2026 and beyond, reports Headlight.News.

Mitsubishi Adding “Off-Road-Focused” SUV to Line-Up

Mitsubishi Adding “Off-Road-Focused” SUV to Line-Up

Mitsubishi line-up is getting ready for a big growth spurt. The automaker today confirmed it will introduce an “all-new…off-road-focused” version of its Outlander SUV, on top of the all-electric utility vehicle it previously confirmed will arrive next summer. Headlight.News has more.

Slowing Sales Means We Won’t Be Seeing These EVs in the U.S.

Slowing Sales Means We Won’t Be Seeing These EVs in the U.S.

Ferrari on Thursday revealed details about its first battery-powered model, the Elettrica. But the Italian automaker is delaying a second EV. And it’s not alone. Ford has scrapped several all-electric models, while Nissan pulled the plug on the 2026 Ariya. Acura just ended production of the ZDX and Stellantis has abandoned the all-electric Ram REV. Those are among a growing list of planned EVs that no longer will make it into production — or will be substantially delayed. Here are some of the others.

Ferrari Teases First EV – and the Elettrica Will Deliver 1,000 hp and Gobs of Instant Torque

Ferrari Teases First EV – and the Elettrica Will Deliver 1,000 hp and Gobs of Instant Torque

Who says EVs are dead? Not Ferrari. The Italian manufacturer has, if anything, provided new insight into what’s coming with the launch of its first all-electric model. And, to start with, it’s revealed the appropriately named Elettrica will punch out as much as 1,000 horsepower yet still manage to deliver 330 miles of range. Headlight.News has more.

Tesla May Reveal “Affordable” Version of Model Y Today

Tesla May Reveal “Affordable” Version of Model Y Today

Tesla CEO Elon Musk earlier this year promised to bring to market a more affordable EV and, with federal tax credits having ended last week this may be the perfect time to roll it out. The automaker’s account on X teased what could be a new, lower-cost version of the Model Y expected to debut on Tuesday. Headlight.News has more.

Rivian Chief RJ Scaringe Upbeat Despite Loss of Fed Tax Credits, Threat of Chinese Competition

Rivian Chief RJ Scaringe Upbeat Despite Loss of Fed Tax Credits, Threat of Chinese Competition

Rivian CEO RJ Scaringe says he has “never been more confident than I am today” about the future of the struggling EV manufacturer. That’s despite a series of challenges facing the battery-electric vehicle sector in general – including the loss of federal EV tax credits and the rise of the low-cost Chinese competitors who are threatening to enter the U.S. market. A critical test will come early next year with the launch of Rivian’s more affordable R2 model line. But it’s also counting on joint ventures and alliances like those with Volkswagen and Amazon, reports Headlight.News.

It’s No Longer “If,” But “When” Chinese Automakers Will Crack Open the U.S. Market

It’s No Longer “If,” But “When” Chinese Automakers Will Crack Open the U.S. Market

Tariffs enacted by Presidents Joe Biden and Donald Trump effectively closed the door on auto imports from China – only a few products now entering the U.S. But, despite the current hefty tariffs, observers expect that the Trump administration will soon open the American market up to Chinese products, while also encouraging manufacturers like BYD and Geely to set up U.S. manufacturing operations. While American motorists would likely welcome vehicles like the $20,000 BYD Dolphin, this could pose an “existential threat” to traditional automakers, reports Headlight.News.

Stellantis Finally Pulls Out of its Sales Slump – But Federal Shutdown Weighs Over the Entire Industry

Stellantis Finally Pulls Out of its Sales Slump – But Federal Shutdown Weighs Over the Entire Industry

Strong sales by the Jeep and Ram brands helped Stellantis reverse its long sales slide during the third quarter, even as Volkswagen faltered in the face of a challenging economy. While U.S. auto sales are running stronger than expected, analysts still worry about the impact of tariffs and the federal government shutdown in the months ahead.