Lower prices and more choices made consumers a bit happier about the new vehicle purchasing process, say the experts at J.D. Power & Associates. The 2024 U.S. Sales Satisfaction Index Study revealed a small increase in the results. Check out the story at Headlight.News.
Month: November 2024
Car Buyers At Risk as Trump Prepares to Roll Back Consumer Protection Rules
Bait-and-switch, hidden fees and other dealer scams could proliferate under the incoming administration of Donald Trump, experts warn, as the president-elect signals plans to eliminate or scale back various consumer protection rules.
Morgan Returns to the United States with the Morgan Plus Four
Boutique British automaker Morgan is returning to the U.S. market after a two decade absence with a new rendition of the Plus Four sports car.
Cadillac Set to Discontinue XT4 Crossover, Making Room for New Chevy Bolt
In a surprise move, Cadillac announced it will end production of the popular XT4 crossover in January. The move frees up space at General Motors’ Fairfax Assembly Plant to switch over to the next-generation Chevrolet Bolt. The EV will go on sale a year from now as GM’s cheapest battery-electric model.
New, All-Electric EV To Charge Up Bentley’s Beyond100+ Plan
Bentley fleshes out the core details of its Bentley 100 plan as the company prepares to continue its push into electrification with new model it calls an “Urban SUV.”
These Are the Fastest-Charging EVs – and the Slowest
There’s no question EVs offer a number of advantages, including low energy costs and the ability to plug in at home. But what about when you need to charge up on the road? The good news is that there are more public chargers being added every day. The downside: you might be in for a long wait when you plug in, depending on what EV you’re driving. Automakers are upgrading their battery vehicles to improve charging speeds and here’s a look at the models that will add miles the fastest – as well as the slowest.
Rivian Falls Short of Wall Street Predictions While Lucid Exceeds
EV makers Rivian and Lucid reported their third quarter earnings results. When the dust settled Rivian was reassuring shareholders while Lucid was celebrating with them. Find out how each automaker did at Headlight.News.
Mercedes-AMG Teases New Performance EV Model
Mercedes-AMG prepares to go on its own with new EV SUV that will forge its own distinctive performance identity.
Stellantis Announces Further Layoffs – as Job Cuts Sweep Across the Industry
Stellantis is cutting another 1,100 jobs, the latest furloughs impacting workers at the Toledo, Ohio plant producing Jeep products such as the Wrangler and Gladiator. The news comes at a time when other manufacturers, including Nissan and Audi, are paring back at a time of weakening sales.
Nissan Slashes 9K Jobs, Cuts Production 20% After Disastrous First Half of 2024
Nissan Motor Co.’s struggles not only continued in the first half of fiscal year 2024, they worsened. The results forced the automaker to make dramatic moves to shore up losses, including slashing 9,000 jobs worldwide and cutting production by 20%. Find out more what happened at Headlight.News.
Trump’s Second Term Presents Opportunities, Poses Risk to Auto Industry, Says Top Toyota Exec
After scoring a major win in the election this week, President-elect Donald Trump is widely expected to move quickly on a broad agenda when taking office next January. He has made it clear this will include a number of issues critical to the auto industry, including tariffs and EVs. That presents some significant opportunities for manufacturers, but also poses quite a few risks, said a senior Toyota executive who spoke to Headlight.News shortly after Trump’s victory was confirmed.
Toyota Earnings Hit by Sales, Quality, Production Issues
In a rare and unexpected setback, Toyota suffered a 20% dip in its operating profit for the most recent quarter, the automaker hit by a variety of problems including recalls and quality snags that delayed the launch of the new 4Runner. But a senior U.S. official said the Japanese giant expects to get back on track in months ahead.