Ford Recalls 4.3 Million Trucks: "My Trailer Brakes Just Disappeared"
Ford recalls 4.38 million trucks and SUVs over software glitch that disables trailer brakes and lights while towing. Integrated Trailer Module race condition bug affects F-150, Super Duty, Ranger, Expedition, Navigator, Maverick. Software update coming May 2026. Recall announced weeks after Ford gave quality bonuses. Part of record 152 recalls issued in 2025.
Volvo Recalls 40,000 Electric SUVs: "I'm Afraid to Charge in My Garage"
Volvo recalls 40,323 EX30 electric SUVs over battery fire risk. Owners told to limit charging to 70%, park outside, avoid overnight indoor charging. Single-Motor and Twin-Motor Performance models affected. Battery modules may short-circuit and overheat. Estimated $195M repair cost. Recall strikes at heart of Volvo's safety reputation as EX30 is crucial to company's EV strategy.
Automakers Lost Over $50 Billion on EVs in 2025: The Industry's Costliest Bet Gone Wrong
Automakers lost over $50 billion on EVs in 2025: Stellantis $26.3B, Ford $19.5B, Honda $4.5B. The F-150 Lightning is dead, plug-in hybrids discontinued, and all three companies are pivoting back to gas engines and hybrids. EV market share dropped from 9.5% to 6.6% after the $7,500 tax credit expired, while hybrid sales surged 60%+. The industry's costliest bet reveals customers weren't ready for full electrification.
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Honda's $4.5 Billion EV Disaster: Paying GM for Electric Cars That Won't Sell
Honda expects $4.5 billion in EV losses by March 2026 after global sales collapsed 50% to just 15,000 units. The Prologue dropped 86% in Q4 with only 2,641 sold despite $17,000+ incentives. Acura ZDX discontinued after one year. Honda now compensates GM for reduced production while conducting a "fundamental review" of its automotive strategy and pivoting to hybrids instead of EVs.
Stellantis Lost $26.3 Billion on EVs Nobody Wanted: Jeep and Ram Parent Company's Historic Failure
Stellantis posted a historic $26.3 billion loss in 2025 after canceling Ram, Jeep, and Alfa Romeo EV projects. The Jeep and Ram parent company discontinued all plug-in hybrids, brought back V8 engines, and left UAW workers with $0 profit sharing for the first time since 2011. CEO admits "over-estimating the pace of the energy transition" as company pivots back to combustion engines.
K-Shaped Car Market: Rich Buyers Push Prices to $50K While Working Class Gets Shut Out
The K-shaped economy hits the car market: wealthy buyers snap up $60K-80K luxury SUVs with 0% financing while working-class shoppers get priced out entirely. Bank of America data shows high-income households thrive as lower-income buyers face 9%+ rates, longer loans, and vanishing affordable options. Average new car price: $49,191. Cheapest available: $22,000. Two Americas, two car markets.