New vehicle sales appear to have gone into decline during the first quarter, with industry insiders worrying the downturn could accelerate as the Iranian War triggers not only higher fuel prices but more general inflation. More from Headlight.News.
New vehicle sales appear to have gone into decline during the first quarter, with industry insiders worrying the downturn could accelerate as the Iranian War triggers not only higher fuel prices but more general inflation. More from Headlight.News.
As the War with Iran drags on, Americans are becoming ever more pessimistic about the U.S economy. A potentially spiraling round of inflation, marked by surging fuel prices, could hit hard, starting with the automobile business. More from Headlight.News.
Is there a rotary engine in Mazda’s future? The iconic Wankel engine just might stage a comeback … someday … says the automaker’s U.S. CEO. But expect to see a lot more hybrids in the near future, according to Jim Donnelly, starting with the home-grown powertrain in the next-gen CX-5 now reaching showrooms. More from Headlight.News.
Heading into the weekend, fuel prices topped $3.32 a gallon and are expected to continue rising fast as long as the U.S. war against Iran drags on. For the typical motorist the increase over the last week is adding about $5 a fill-up. But consumers, in general, can expect to see this translate into still further price hikes on food, clothing and other goods should the war continue, reports Headlight.News.
A federal judge Thursday delivered a stinging defeat to the White House, ruling U.S. importers are “entitled to benefit” from the Supreme Court’s own decision tossing out Pres. Trump’s import tariffs. In other words, those who paid those illegal duties are due refunds. That includes the estimated $25 billion the U.S. auto industry paid out. Will they collect? And will they pass on any money to auto buyers? More from Headlight.News.
Fear is beginning to set in on oil markets around the world as Iran strikes back after the U.S. and Israel launched attacks over the weekend. Insurers are refusing to cover shipments through the critical Strait of Hormuz while Iran is upping its own drone and missile strikes on tankers and Mideast energy infrastructure. Petro prices are surging on markets as experts and traders try to determine just how much of a disruption to energy supplies could be in store, reports Headlight.News.
Five decades after the Iranian revolution led to a series of global energy shocks, Pres. Donald Trump’s attack on Iran is raising global concerns of a new petro-crisis, oil prices surging on Monday, with experts warning that a shutdown of the critical Strait of Hormuz could create widespread shortages. More from Headlight.News.
Honda will begin exporting two models from U.S. plants to Japan, Headlight.News learned, marking the first time it has done that in four decades. The move echoes plans by Toyota which late last year said it would export three American-made products to its home market.
The auto industry may be getting a bit of a reprieve from the latest round of tariffs enacted by Pres. Donald Trump following the U.S. Supreme Court’s decision announced last Friday finding most of his early import duties were illegal. But automakers and auto suppliers still face earlier tariffs on imported vehicles, parts and metals not covered by the court’s ruling. And that means auto buyers will continue to pay substantially inflated prices at a time when many potential customers have been driving out of the market. More from Headlight.News.
Has Polestar finally turned the corner? The Swedish automaker, spun off by Volvo nearly a decade ago, had a very good year in 2025 – and is looking to keep the momentum going as it prepares to roll out a series of new products, starting later this year with the debut of the Polestar 5.
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.