Faced with strong resistance from domestic and foreign automakers alike, Pres. Donald Trump has reportedly folded and won’t put in place 25% tariffs on Mexican and Canadian autos and auto parts which, critics warned, could cripple the auto industry while also giving a hammer blow to the U.S. economy as a whole. More from Headlight.News.
It’s hard to find anything “analogous” in automotive history to the ongoing crisis at Tesla, JP Morgan warned, as the automaker’s global sales collapse, its stock price further tumbles and CEO Elon Musk’s once hero image goes up in flames. There are few signs Pres. Donald Trump’s enthusiastic endorsement of the brand last week will generate sales. If anything, Tesla itself now warns, the company could get caught up in Trump’s trade war.
European Union officials reaffirm 2035 ban on new gasoline cars while also making revisions to help automakers reach these targets easier as the market continues to shift.
A new report alleges Maserati has canceled the all-electric MC20 Folgore as the company moves to swiftly change its electrification plans as it continues to fight sliding sales and slumping demand for its products. Maserati is facing dark times as the Italian luxury...
BYD makes mobility history with the unveiling of its drone launch system for automobiles. Promises to expand availability of the system for future products.
Used car seller Carvana ventures into new territory with the firm buying its first dealership as the company attempts to enter the new car sales market with the purchase of Stellantis franchised dealership.
Leaked document appears to confirm the upcoming GT500 will debut with a new engine as Ford continues to stay silent amid swirling rumors about the model’s potential return
Mercedes-Benz details its new strategy as the company prepares for the launch of several new products while also making the cuts necessary to help it stay flexible in a changing market environment.
ia throws its hat into the EV wars with the all-new PV5 as it brings the fight to the Volkswagen ID.Buzz in the EV van wars.
Ford addresses the F-150’s theft problem with the rollout of several new security features and an included insurance deductible as the company clamps down on rising thefts across the nation.
A pair of new reports suggests next generation F-150 will be delayed with the current-gen model expected to hold down the fort until 2028.
Audi becomes the latest car brand to confirm it’s moving upmarket with its models as the brand attempts to add a jolt to slumping sales.