Here are some notable figures from the list:
- Carlos Tavares (Former Stellantis CEO)
Resigned after Stellantis faced sales and inventory challenges.
- Pham Nhat Vuong (VinFast CEO)
Remains determined to establish VinFast as a global player, despite early setbacks in North America.
- Henrik Fisker (Fisker CEO)
Endured a dramatic bankruptcy following the launch of the Fisker Ocean.
1. Hyundai President Jose Muñoz
Awarded the title of 2025 Person of the Year, he is leading a shift towards EV leadership.
2. Shawn Fain (UAW President)
Played a crucial role in the UAW’s push against Stellantis and organized new plants.
3. Mary Barra (GM CEO)
Successfully oversaw GM's transition to electric vehicles, maintaining the company's lead in U.S. sales.
4. Elon Musk (Tesla CEO)
Continues to wield significant influence in the automotive world despite rising competition.
5. Donald Trump (U.S. President)
His re-election introduces new regulatory uncertainties for the automotive industry.
- Shift to Hybrids: As automakers navigate the transition to full electrification, hybrids are emerging as key players.
- Digital Transformation: Companies like Ford and Rivian are harnessing technology partnerships to tackle software challenges.
The 2025 MotorTrend Power List shines a light on pivotal leaders shaping the automotive landscape amid evolving regulations and market dynamics. As we move closer to 2025, the industry is preparing for both challenges and innovations, with influential figures at the forefront steering us toward an electrified future.
