Auto insurance rates have gone up sharply this decade and the question is why premiums have risen so quickly. Pres. Trump points to illegal immigration. But that doesn’t appear to be matched by the data. Headlight.News has more.
*Trending*
Two GoFundMe Campaigns Raise $800k for Ford Worker Suspended After Confrontation with Trump
Two GoFundMe campaigns have raised $800,000 for TJ Sabula, the Ford worker suspended after calling Pres. Donald Trump during his tour of a suburban Detroit Ford factory. His union has also stepped in to save the worker’s job. More from Headlight.News.
Over 25% of Cars Sold Globally in 2025 Will be EVs
While the Trump administration may be taking steps to slow EV adoption you wouldn’t know by the sales numbers which, in the U.S. are rising at a double-digit rate. Worldwide, demand is growing even more rapidly, with battery-electric models expected to account for more than one in four of the vehicles sold worldwide this year.
Toyota Teaming Up With Waymo on Autonomous Vehicles
Waymo and Toyota are teaming up. The Japanese giant will help develop a new autonomous vehicle platform for the Google spin-off which has become the U.S. leader in driverless ride-sharing technology. The announcement comes days after VW and Uber revealed their own autonomous alliance. More from Headlight.News.
Motorists Becoming More Comfortable With EVs – Though Growth Has Slowed
Motorists around the world are becoming increasingly comfortable with purchasing and owning EVs, according to a new study, though Americans lag well behind their counterparts in Europe and, in particular, China. Credit the longer range, faster charging and lower costs of newer EV models, consumers told McKinsey & Co. Headlight.News has more.
Trump Announces Tariffs on Imported Autos, Auto Parts – Threatening Auto Sales, Earnings
President Donald Trump formally announced that 25% tariffs targeting imported autos and auto parts will go into effect on April 3, though final details impacting some Canadian and Mexican imports have yet to be finalized. Trump promised the move will spur significant growth in the domestic auto industry. But many analysts, along with industry officials, warned it could result in a hit to industry sales and earnings, driving many potential customers out of the new vehicle market. Headlight.News has more.
Trump Turns Tail, Reportedly Won’t Follow Up With Auto Tariffs
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.
Tesla Stock Plunging for 9th Straight Week: No Automaker “Has Lost so Much Value so Quickly”
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 Reaffirms 2035 Ban On New Gasoline Cars, Tweaks Certain Details
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.
All-Electric Maserati MC20 Reportedly Canned As Company Makes Swift Changes To Survive
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 To Offer Launchable Drone System For Its Vehicles
BYD makes mobility history with the unveiling of its drone launch system for automobiles. Promises to expand availability of the system for future products.
Carvana Enters New Car Selling Business, Buys First Dealership in Arizona
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.