Will it or won’t it? That’s the big question in the racing world this week as Toyota reportedly prepares to announce plans to reenter Formula 1 racing. It would mark a return after a failed effort ended 15 years ago. But Toyota is said to be partnering up this time, likely with the American F1 Haas team.
Red Bull channels 20 years of Formula One experience into wild RB17 hypercar. Track only offering gets 1200 horsepower V10 but will ask potential owners to set aside $6.4 million for the privilege of owning one.
Back-to-back quarterly sales drops seems to have CEO Elon Musk’s attention. Always looking for ways to bolster deliveries, Tesla’s offering a new long-range variant of the Model 3 sedan. Get details at Headlight.News.
Things are back to normal at 15,000 U.S. showrooms after a hack that brought operations nearly to a halt last month. Data processing firm CDK apparently paid a $25 million ransom to regain control of software controlling everything from sales prospects to payroll. But the damage has topped $1 billion in lost sales and other issues.
Ford brings another classic nameplate to the EV world with the all-new Capri CUV. The Capri attempts to bolster Ford’s presence in Europe while also fleshing out a partnership with Volkswagen at the same time.
Goodwood display hints at what’s coming next for Ineos as it prepares to expand its presence in the SUV segment.
More than half of the automotive models now on sale offer some form of partial automation, whether to help steer, brake or accelerate. Manufacturers have promoted these technologies as a way to reduce crashes, injuries and fatalities – but, with the exception of front automatic emergency braking, a new study finds “partial automation…doesn’t confirm additional safety benefits.”
Genesis has confirmed that the spicy GV60 Magma EV is headed for production. Goodwood of Speed debut will give potential buyers a glimpse of what they can expect when the model begins production next fall.
Although EV sales aren’t going at breakneck speed these days, automakers are still churning out new models and planning for future models. To make that easier, the Biden administration awarded $1.1 billion in grants to General Motors and Stellantis to convert existing plants to build electric vehicles and components. Get details at Headlight.News.
Nearly a quarter of all new vehicle buyers in the U.S. owed more on the vehicle they were trading in than it was worth. Being “underwater” isn’t uncommon, but the percentage was the highest it’s been in three years. Find out more at Headlight.News.
From compact crossovers to full-size SUVs, roughly 100 new battery-electric vehicles have come to market over the last two years. But which ones are the best when you factor in things like range, reliability, maintenance and everyday practicality? Consumer Reports has named its 14 top choices and it includes a variety of different sizes, prices and features. But three brands – Hyundai, Kia and BMW – stood out.
The Cadillac Escalade IQ is shaping up to be a key player in the flagship luxury SUV segment with the brand hoping that the large SUV will be able to carve a slice of the market for itself while also pushing the brand into new territory. Pricing was rumored to be befitting of its flagship role and a new report appears to shine additional clarity on the matter.