Ford took a hit in the fourth quarter courtesy of a massive charge, reporting a loss for the period. However, the company saw its revenue rise and it finished in the black for 2023. Get details at Headlight.News.
Michael Strong
Honda Recalls 750K Vehicles Due to Airbag Problem
Automakers recalled more than 1 million vehicles Tuesday, with Honda leading the way. The Japanese automaker recalled 750,000 vehicles with airbags that could deploy unintentionally during a crash. GM also issued a recall for 300,000 vehicles. Find out more at Headlight.News.
BMW Makes Good on Its Manual Promise
BMW executives have repeatedly mentioned the Bavarian automaker’s product plans included plenty of future cars with manual transmissions, including one in particular: the Z4. The company confirmed plans for a “handschalter” model for 2025. Get details at Headlight.News.
Tesla Recalls, Musk’s Pay and the Lexus GX Some of This Week’s Headlight News Podcast
Headlight News for the Week of 2-5-24: Tesla Recalls, Musk’s Pay, Chicago and Geneva Auto Shows, Lexus GX Review and The Week Ahead. Check out the podcast for the latest.
Federal Safety Officials Upgrade Tesla Power Steering Probe
The National Highway Traffic Safety Administration moved its probe into Tesla’s power steering loss from a probe to an engineering analysis as the company recalled 2.2 million vehicles due to a font size issue. Get details at Headline.News.
Buyers Happier about Vehicle Purchasing Experience in 2023
More vehicle buyers — new and used — said they were satisfied with the experience in 2023 than the previous two years, according to a new Cox Automotive study. Electric vehicle buyers were the happiest with 80% saying they were satisfied. Find out more at Headlight.News.
Auto Industry Ready to Rediscover Its Groove in 2024, Study Claims
After few years of post-pandemic uncertainty, everything is pointing toward 2024 being the year the automotive industry begins returning to normal — with a few caveats. Sales and inventory levels are expected to rise to near pre-pandemic norms while the trends for EVs and hybrids are expected to stay their current course. Find out more at Headlight.News.
Mazda Takes Wraps off New Ute: 2025 CX-70
Japanese automaker Mazda continues the revamping of its sport-utility portfolio with the reveal of its 2025 CX-70. However, don’t be fooled by the name. This isn’t something that sits between the CX-50 and CX-90 in size — it’s simply a two-row CX-90. Find out more at Headlight.News.
GM Bringing Plug-In Hybrids to North American Market
After reporting a profitable 2023 that exceeded their own expectations, GM officials revealed they’re deploying plug-in hybrid vehicles — for certain models — to the North American market. It was a decision made after reviewing and tweaking its EV production plans and feedback from dealers. Find out more from Headlight.News.
GM Beats Internal Earnings Targets for 2023, Offering Dividend
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...
Headlight News for the Week of 1-29-24: Tesla Touts Cheap EV While Enduring Bad Week
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.
White, Black, Gray and Silver Remain Top Colors for New Vehicles
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.