With its quirky rounded exterior, Canoo caught the attention of plenty of potential electric vehicle buyers. However, the looks weren’t enough to translate to sales and profits. Canoo filed Chapter 7 bankruptcy. Get details at Headlight.News.
Michael Strong
More Americans Underwater on Their Car Loans
As prices and interest rates have continued to rise in recent years, more and more owners are finding themselves with a lot of negative equity in those vehicles when they’re ready for a new car, truck or SUV. A new study shows Americans are upside down at record levels. Get details at Headlight.News.
EV Maker Polestar’s Profitability Going to Take a Little Longer
Officials at EV maker Polestar said that it’s going to take longer than originally forecast for the nascent automaker to be in the black. It also delayed a planned expansion to new companies. Check out the story at Headlight.News.
New Vehicle Sales Strong Even as Prices Approach Record Highs
Automakers converted new-vehicle shoppers to actual buyers at a strong rate during the final quarter of the year. This happened despite four straight months of price increases, and now consumers are looking at near-record prices. Find out more at Headlight.News.
EV Sales Take Off in Fourth Quarter to Set New Records
Acceptance of electric vehicles continues to rise not just in the U.S. but around the world. One need only take a look at the 2024 sales numbers to see that buyers are more comfortable with potential EV-related shortcomings to enjoy the benefits of battery-powered vehicles. Get more details at Headlight.News.
Alfa Romeo Reveals New Intensa Special Series Package
While the Detroit Auto Show highlights the more rough-and-tumble Jeep brand, another Stellantis product, Alfa Romeo, made news at the Brussels Motor Show in Belgium. It revealed the new Intensa Special Series for the 2025 Tonale, Stelvio and Giulia. Get details at Headlight.News.
Next-Generation Tesla Model Y Ready for China
Much like the update on the Model 3 last year, the new look for the Model Y in China is evolutionary on outside with upgrades keeping with consumer demand on the inside. Get more details at Headlight.News.
UAW Files to Hold Union Election at Ford JV Battery Plant
The UAW continues its aggressive plan to expand its ranks by converting existing non-union plants or, in this case, getting new plants to align with the union right away. The organization filed a petition with the National Labor Relations Board to hold an election at Ford Motor Co.’s JV battery plant in Kentucky. Find out more at Headlight.News.
Feds Investigating 2.6 Million Smart Summon-Equipped Teslas
In response to a complaint and three media reports, the National Highway Traffic and Safety Administration’s Office of Defects Investigation opened a probe into the 2.6 million vehicles equipped with Tesla’s Actually Smart Summon and Smart Summon technologies. Get details at Headlight.News.
FBI Investigating Tesla Cybertruck Explosion in Las Vegas
The explosion of a Tesla Cybertruck in front of a hotel owned by President-elect Donald Trump Wednesday is now being investigated by the FBI for potential ties to terrorism as well as any connection to the New Orleans truck attack that killed 15 people. Get details at Headlight.News.
Gas Prices Expected to Fall in 2025
Americans have been paying less and less at the pump since gas reached $5 a gallon during the tail-end of the pandemic in 2022. While the national average isn’t quite what it was prior to 2020, it has declined each of the last three years. Will it drop below $3 a gallon in 2025? Find out at Headlight.News.
A Week With: 2025 Mini JCW Countryman All4
Imagine a Mini with huge horsepower that retains all of the grippy, go-kart-like handling they enjoy but with room to carry a bunch of stuff? That would be awesome. Well, imagine no more, get yourself a 2025 Mini JCW Countryman All4. Get the details in our review at Headlight.News.