Hyundai is following BMW, Mercedes, and Audi in putting certain vehicle features behind subscription paywall. Company also sees future where in-vehicle subscriptions will play bigger role in the ownership experience.
Month: May 2024
Rivian Q1 Earnings Fail to Make Grade, CEO Declines Comment on Apple Talks
EV maker Rivian reported first quarter earnings that were slightly better than its year-ago results but ended up falling short of analysts’ expectations. The company generated more revenue, but increased costs chewed up profits. Find out more about what happened at Headlight.News.
2025 BMW M4 CS Sheds Weight and Increases Power to Dominate Track Days
BMW sharpens the M4’s track manners with the 2025 BMW M4 CS. The latest addition to the CS family uses race proven formula of weight savings and increased power to help achieve perfect lap times.
Lucid Reports Mixed Results, Focusing on Growth Over Profit
Nascent EV maker Lucid Motors reported its first quarter results, exceeding expectations in some areas while falling short in others. CEO Peter Rawlinson brushed aside concerns about shortcomings, noting the company was focused on growth, specifically the company’s second vehicle, the Gravity SUV. Get details at Headlight.News.
Still More Layoffs at Tesla
Tesla launched yet another round of layoffs this week as CEO Elon Musk struggles to compensate for slowing sales and a 55% drop in first-quarter earnings. The latest cuts mean Tesla will see total U.S. employment drop as much as 20%, according to one report, with some departments, including its Supercharger operations, eliminated entirely.
Kia Teases EV3 Ahead of May 23rd Debut, Will be Brand’s First Entry-Level EV
Kia is preparing to enter the entry-level EV wars with the all-new EV3. EV3 will help expand the pool of customers Kia can reach and will make its debut on May 23rd.
2025 Rolls Royce Cullinan Series II Polishes Crown Jewel Model With New Styling and Updated Luxury
Rolls Royce polishes crown jewel in its vehicle lineup with the 2025 Cullinan Series II SUV. More luxury defines driving experience and tweaked styling enhances the SUV’s wow factor.
Stellantis Faces New Threat as Workers at Key Stamping Plant Vote to OK Strike
Months after settling a crippling strike at its North American automotive operations, Stellantis faces the threat of another walkout, workers at a critical stamping plant in suburban Detroit giving union leaders the okay to shut down the facility if no agreement can be reached over health and safety issues. A walkout would also shutter key Chrysler, Dodge, Jeep and Ram assembly lines.
Car Sales Fall, Ferrari’s New 812 and Polestar Charges in 10 Minutes Top This Week’s Headlight News Podcast
The Headlight News for the Week of 5-6-24 covers Auto Sales Stumble – New Ferrari 812 – Polestar EV Can Charge in 10 Minutes – Kia Telluride Review and This Week in Automotive History. Check out the podcast at Headlight.News.
2025 Genesis GV80 Gives Buyers More Style and Technology, Starts at $59,050
2025 Genesis GV80 is looking to firmly establish itself in the luxury SUV segment with its updated interior, tweaked exterior, and a pricing ladder that allows it to maintain its place as a value-focused contender for family buyers.
VP Harris Announces $100 Million in Aid for EV Manufacturing During Detroit Visit
Vice President Kamala Harris made a trip to Detroit bearing some big gifts on Monday, $100 million to help the Motor City’s automotive parts manufacturers upgrade operations to support the shift to battery-electric vehicles.
Mercedes-Benz Drops The Top on Fun With 2025 Mercedes-AMG CLE 53 Cabriolet
Mercedes-Benz is aiming to please sunseekers with the 2025 Mercedes-AMG CLE 53 Cabriolet. More power and sharper styling make this droptop a rockstar.