The amount consumers are paying for new cars, trucks and utility vehicles continues to decline, falling 2.6% in January to $47,401. Find out what’s driving prices down at Headlight News.
Michael Strong
This Week’s Podcast: Chicago Auto Show Reveals, New Porsche Taycan
Headlight News for the Week of 2-12-24: Chicago Auto Show reveals – New Porsche Taycan – Seven Automakers Team for Charging Network – Ford Explorer Timberline review – This Week in Automotive History
EV Makers Cutting Prices Again
Tesla and Rivian have gotten the scissors out again, cutting prices on their new offerings. The reductions are temporary for Tesla while Rivian’s cuts are designed to help offset being ineligible for part of the $7,500 federal tax credit. Get the details at Headlight.News.
Slow Roll of Chrysler Concept Continues
The Brand of One, better known as Chrysler, continued the slow rollout of pictures of an advanced concept vehicle for the brand, which currently comprises the Pacifica minivan, and its electrified future. Get a look at Headlight.News.
Americans Don’t Have Much Faith in Self-Driving Vehicles
Recent headlines about self-driving vehicles being involved in crashes and a lack of knowledge about the technology suggest Americans aren’t in any hurry to let their car, truck or utility vehicle take the wheel. Headlight.News has details.
GM Keeps Pushing Toward All-Electric Future, Hiring Former Tesla Exec
General Motors is staying the course, it would seem, when it comes to its all-electric future. The company announced it has hired a former Tesla executive to oversee its battery development and operations. Find out more at Headlight.News.
Porsche’s Charged Up about 2025 Taycan Trio
Porsche made waves a few years ago when it introduced the all-electric Taycan. Now that we all know how to say the name correctly, they’ve rolled out the next iteration of its bestselling battery-electric model for the 2025 model year. Get details at Headlight.News.
Ford Reports Q4 Loss, but Enjoys Full Year Profits
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.
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.