After few years of post-pandemic uncertainty, everything is pointing toward 2024 being the year the automotive industry begins returning to normal — with a few caveats. Sales and inventory levels are expected to rise to near pre-pandemic norms while the trends for EVs and hybrids are expected to stay their current course. Find out more at Headlight.News.
Month: January 2024
Ford was the first automaker to tie up with Tesla, announcing plans to switch to the NACS plug letting owners of products like the Mustang Mach-E and F-150 Lightning use the big Tesla Supercharger network. Ford CEO Jim Farley on Wednesday announced “eligible” owners...
Calling the deal “unfathomable,” a Delaware court has blocked the $565 billion pay plan awarded Tesla CEO Elon Musk in 2018. The move could spell trouble for Musk’s current demand for 25% control of the EV maker while also raising concerns about his floundering social media site, X, which relied on loans backed by Tesla stock. More from Headlight.News.
Japanese automaker Mazda continues the revamping of its sport-utility portfolio with the reveal of its 2025 CX-70. However, don’t be fooled by the name. This isn’t something that sits between the CX-50 and CX-90 in size — it’s simply a two-row CX-90. Find out more at Headlight.News.
After reporting a profitable 2023 that exceeded their own expectations, GM officials revealed they’re deploying plug-in hybrid vehicles — for certain models — to the North American market. It was a decision made after reviewing and tweaking its EV production plans and feedback from dealers. Find out more from Headlight.News.
Detroit-based automaker General Motors beat its internal guidance numbers for the 2023 earnings while raising the bar for 2024. The higher earnings forecast comes despite sizeable rise in costs expected due to the new UAW labor contract. The automaker beat its...
The COVID pandemic devastated the Auto show circuit — none hit harder than the annual event in Geneva, Switzerland. For more than a century it was a must attend gathering that drew in a Who’s Who from the automotive world. But the pandemic put the Geneva International Motor Show on hold in 2020 and now, as it gets set to stage its return, it’s looking to be a shadow of its former self, with only a handful of major brands set to exhibit at the PALExpo convention center.
The New Year got off to a rough start for Rivian, the start-up slammed by investors nervous about slowing growth in EV sales. But the market is taking notice of the news that Rivian has poached DJ Novotny, the vice president of hardware engineering away from Apple. The move comes as the tech giant reportedly again delayed – by as much as four years – its secretive Apple Car program. More from Headlight.News.
No one said it was going to be easy, but the demise of the auto industry’s turn toward electric vehicles is being exaggerated, analysts said during Society of Automotive Analysts annual Automotive Outlook Conference. Get details at Headlight.News.
When Toyota introduced the Mirai fuel-cell vehicle three years ago the automaker tossed in an appealing incentive, $15,000 worth of the hydrogen needed to power it up. At the time, it cost just over $70 to fill Mira’s 5.6-kilogram tank. Today, you’ll pay over $200 – if you can find the lightweight gas, as many of the stations providing it have run dry. And that’s threatening to short-circuit the “hydrogen economy” that fuel-cell proponents have predicted is just around the corner.
This week on Headlight News we talk about Tesla’s tough week. During the company’s earnings call, CEO Elon Musk confirms the company’s well on its way to building a low-cost electric vehicle. Find out what happened and more at Headlight.News.
Change typically comes slowly to the Mazda Miata which remains surprisingly close in design to the original roadster introduced back in 1989. But while the Japanese automaker doesn’t go for revolutionary makeovers, the 2024 Mazda Miata shows that even modest updates can be quite welcome. Headlight.News takes a closer look.