Detroit-based automaker General Motors beat its internal guidance numbers for the 2023 earnings while raising the bar for 2024. The higher earnings forecast comes despite sizeable rise in costs expected due to the new UAW labor contract. The automaker beat its...
This week on Headlight News we talk about Tesla’s tough week. During the company’s earnings call, CEO Elon Musk confirms the company’s well on its way to building a low-cost electric vehicle. Find out what happened and more at Headlight.News.
Global paint behemoth BASF just completed its annual review of the top color choices for new vehicles around the world and discovered that it’s a black-and-white world out there — or more precisely, it’s a white and then black world as they were the top color choices globally in 2023. Find out more at Headlight.News.
Rarely content to simply confirm something most already know, Tesla CEO Elon Musk said Wednesday evening the company’s next-gen platform was in development — and that it will change the way manufacturing EVs is done. Find out what he meant at Headlight.News.
EV maker Tesla fell short of is production targets in 2023, but it still made plenty of money. In fact, it made money in spite of repeated price cuts on its most popular vehicles, the Model 3 and Model Y, which was the bestselling vehicle in the world. Find out more at Headlight.News.
UAW President Shawn Fain’s gone South, as part of his ambitious plan to expand the union’s ranks. Now is the time to strike, er make a move, as the union just won a massive contract with the Detroit automakers. The elements are slowing his pace, but progress is being made. Check out the story at Headlight.News.
Porsche’s conversion to electric power continues with the 2025 Macan. The German sports car maker released some sketches of the soon-to-arrive small battery-powered SUV to give everyone a good look at what will be hitting dealerships for the next model year. Headlight.News has the sketches and some updates.
Most automakers enjoyed strong sales last year, and Buick was among them. The brand’s been in a state of change for the past 18 months, and to celebrate a good sales year, officials decided offer an early look at what’s to come. Have a look at the 2025 Buick Enclave at Headlight.News.
This week’s Headlight News for the Week of 1-22-24 discusses the dip in new vehicle prices last year, Nissan delaying its next round of electric vehicles as well as the best and worst states for drivers. Get the podcast at Headlight.News.
The VW trend took off in the 1960s, as the loosening culture embraced the idea of a low-cost, easy-to-fix car. The low cost was key as the Boomer generation came of age and went looking for America. Read the whole story at Headlight.News.
Ford plans to further roll back production on its F-150 Lightning electric pickup to keep it in line with demand. On the flip side, it plans to add 1,600 workers to the Michigan plant that builds Broncos, Rangers and the Raptor variant of each, including 900 all-new...
With dozens more new EVs expected to hit U.S. showrooms this year, sales of the vehicles have slowed. One reason for the flattening is a growing concern about the ability to charge these vehicles, especially as more and more hit the roads. The Biden administration released $773 million in new funding to build and, perhaps more importantly, repair EV stations across the country. Get details at Headlight.News.