Volkswagen’s CEO and CFO presented senior management a “massive” plan to cut costs by 20% by the end of 2028, a move that could save as much as $71 billion at current exchange rates. The move could bring plant closures and cuts to employment, reports Headlight.News.
China’s BYD saw a massive surge in global sales last year. It not only topped Tesla as world’s largest seller of battery-electric vehicles but also beat Ford Motor Co. in overall global sales. More from Headlight.News.
President Trump is threatening to block the opening of a new bridge linking Detroit and Windsor, Ontario eagerly sought by the auto industry. The president points to his escalating debut with Canada but critics see a political favor for a major GOP donor who owns a rival span across the Detroit River. Headlight.News has more.
Mercedes-Benz CEO Ola Kallenius rejected pressure from Howard Lutnick, the U.S. Treasury Secretary, to move his company’s headquarters to the United States. But it will increase U.S. production. Headlight.News has more.
Half empty or half-full? GM managed to beat Wall Street expectations for the fourth quarter of 2025, but still saw revenues tumble by more than 5%. And with North America largely responsible for that dip, union workers will see their own profit-sharing checks fall for the year. As Headlight.News reports, GM CEO Mary Barra promised to deliver a big upturn in 2026.
General Motors will stop importing its Buick Envision from China in 2028, shifting production to the U.S. The move reflects the hefty tariffs now in place that have limited the number of Chinese-made vehicles shipped to the States. More from Headlight.News.
Canada is about to open the door to Chinese auto imports and brands like BYD, Geely and Great Wall are already well-established in Mexico. With the U.S. sandwiched in-between, Americans are growing increasingly aware of Chinese vehicles. But are they ready to buy? The answer seems to be a very solid “yes.” Headlight.News has more.
Canada reached a new trade deal with the Beijing government that will slash tariffs on Chinese EV imports, though their numbers initially will be capped below 50,000. Not all Canadians are pleased by the agreement. Meanwhile Pres. Donald Trump offered praise, raising questions about whether he might also be ready to open up the U.S. to Chinese vehicles. More from Headlight.News.
The U.S. Senate postponed a hearing originally set for next week to look into why automotive prices have surged to record levels. The delay was requested by Ford CEO Jim Farley who, in turn, came under fire from Texas Republican Ted Cruz. More from Headlight.News.
Trump, tariffs and trade barriers. EVs disconnected. Autonomy and hackers. Elon Musk’s very good/very bad year. And affordability. Oh, yes, 2025 brought a series of significant developments to the automotive market. Here are the top 5 stories from the past year as picked by Headlight.News editors.
Expect to pay more for that new Porsche next month, the German automaker advising dealers it will start passing on more of the cost of the tariffs Pres. Donald Trump has put in place on imported autos. Porsche isn’t alone, however, a growing number of brands are raising already record-high prices to cover those new duties, even on domestically made products due to the cost of imported parts and components, reports Headlight.News.
Since its debut in 2019, the Kia Seltos has grown to become the Korean carmaker’s best-selling model line. But Kia has even bigger ambitions for the subcompact crossover as it gets a complete makeover that will see it grow larger, add more features and a first-time hybrid option. Headlight.News takes a first look at the 2027 Kia Seltos.