Since announcing plans to enter the U.S. market, Vietnamese automaker VinFast has faced a series of problems and responded with a series of management shakeups. The latest sees its CEO “transition” to a new job, while founder Pham Nhat Vuong takes over her post. The automaker also said Saturday that it has replaced its chief financial officer.
Tesla has come under fire for posting what some critics claim to be wildly optimistic range numbers for its battery-electric vehicles. Now, as the Department of Justice begins looking into potentially inflated claims, the automaker has lowered the estimates on at least some versions of three of its five models.
After a few hiccups, Vietnamese automaker VinFast is on the move again in the U.S., adding four independent dealers to its network as well as preparing to introduce two concept vehicles at CES that could find their way into those dealerships in the future. Get details at Headlight.News.
Mini USA announced the official route for Mini Takes The States 2024 Friday. The bi-annual event for Mini owners will have a decidedly Western flavor, as it commences in Albuquerque, N.M., on July 13, 2024. The rally of Minis will take participants through five states...
Today’s cars already function as computers on wheels, some equipped with over 100 onboard microprocessors. But tomorrow’s vehicles will go significantly further, offering the sort of software-based features and functions found on Apple and Android smartphones and making use of the latest AI technology. Tomorrow’s “software-defined vehicles” will transform what motorists can do while driving – while generating hundreds of billions of dollars in new revenue streams for automakers. We’ll get a look at what this means at the upcoming Consumer Electronics Show in Las Vegas.
Walk up to the 2024 Genesis GV60 Electrified and it’s hard not to be impressed. For the 2024 Genesis GV60 Electrified, the brand’s first electric vehicle, is a design jewel. Wearing a vibrant, modern, and happy vibe, it’s quintessentially Korean. It’s round. And it...
A jury of 50 U.S. and Canadian journalists narrowed down an extensive field of new vehicles, with three models named the winners of the North American Car, Truck and Utility Vehicle of the Year awards. At a ceremony in Detroit, the Toyota Prius was named Car of the Year, the Ford Super Duty taking top honors in the truck category. And the Kia EV9 was named Utility Vehicle of the year.
While most automakers rejoiced at the release of the December, fourth-quarter and full-year sales results for 2023, Ford and Stellantis didn’t enjoy it quite as much when they revealed their numbers. Get details at Headlight.News.
Revised rules that went into effect on January 1 took away federal tax credits on all but about a dozen EVs. But General Motors will make up for that loss by offering up to $7,500 in discounts on EVs like the Cadillac Lyriq and Chevrolet Blazer EV, the automaker said. Ford, meanwhile, said it is raising the price on some versions of its F-150 Lightning by up to $10,000, while lowering the cost of premium models by as much as $7,000.
For the better part of a decade now, automakers have been pulling out of auto shows in the U.S. Initially, it was smaller specialty makers like Ferrari and Lamborghini. However, the COVID pandemic accelerate the pace of departures with the latest being Stellantis, which says it’s skipping the Chicago Auto Show next month and will consider events on a case-by-case basis going forward. Find out why at Headlight.News.
GM, Toyota and Honda all enjoyed strong finishes at the end of the year to help them secure improved year-over-year results for the whole of 2023. Get details about the performance of the other companies at Headlight.News.
While many aspects of the industry are returning to normal, automakers and consumers are going to have to deal with some issues that linger like a bad hangover this year. Most of the problems will focus on the price of new vehicles. Find out more at Headlight.News.