Headlight News for the Week of 4-8-24 – Auto Sales Up but Tesla Down – Tesla Kills Cheap EV – Highway Deaths Drop – Land Rover Defender 130 Review – A Week in Automotive History
Michael Strong
Tesla Offering Big Discounts a Week After Raising Model Y Price
In mid-March, Tesla officials warned a $1,000 price increase would be applied to the Model Y on April 1 — and they made good on it. Just four days later, the EV maker is offering big discounts on several vehicles, hoping to shed excess inventory. Find out more at Headline.News.
Ford Delays Production of Electric SUV, Readies More Hybrids
Ford mirrored the push by several other automakers to delay production of its electric vehicles, by pushing back its anticipated all-electric SUV and next-generation electric pickup truck. It also revealed plans to grow its hybrid offerings to meet growing demand for them. Find out more at Headlight.News.
GM Begins Shipping Ultium Batteries from Second Plant
Although it may be amending the pace at which it rolls out its newest electric vehicles, General Motors is making sure it will have the batteries needed to power them. It began shipping Ultium battery packs from its Tennessee plant this week. Find out more at Headlight.News.
Tesla Q1 Deliveries Decline as Competitors See Increases
Tesla’s first quarter deliveries declined for the first time in nearly four years, falling short of Wall Street estimates. The declines came despite EV sales rising for competing automakers during the same period. Find out more at Headlight.News.
Tesla Raises Prices as CEO Musk’s Reputation Falls
Tesla made good on previously announced plans to raise prices on its bestselling Model Y by $1,000 in the U.S. The move was revealed a few weeks ago, and now it’s been put in place. The price increase comes as new study suggests CEO Elon Musk is putting off potential buyers. Get details at Headlight.News.
Headlight News Podcast Talks NY Auto Show Debuts, World Car of the Year and More
Headlight News for the Week of 4-1-24: NY Auto Show Debuts – World Car of the Year – Mercedes-AMG GLB 35 Review – and This Week in Automotive History.
Ford Making Further Cuts at F-150 Lightning Plant
Slowing sales of its F-150 Lightning all-electric pickup has Ford cutting workers at the Detroit-area plant that builds the trucks. EV sales are on the rise, but that hasn’t translated to the lofty predictions made by the automaker. Find out more at Headlight.News.
Fisker Cuts Prices Up to 39% as It Battles to Stave Off Bankruptcy
Nascent EV maker Fisker’s battle to stay solvent now has the company adopting a new strategy: low-cost EV maker. The company slashed prices across its lineup by as much as 39%, including a low sticker of just under $25K. Get the details at Headlight.News.
Hyundai’s All-New 2025 Tucson Kicks Off Day One of NYIAS
South Korean automaker Hyundai gives its Tucson sport-utility a major overhaul for 2025 model year. Immediately noticeable is redesigned front fascia, but the bigger change comes inside the cabin, which completely different than its predecessor. Headlight.News was at the debut in NYC and has the details.
Nissan Reveals Product Planning Arc Between Biz Plans
Japanese automaker Nissan plans to introduce 30 new vehicles, including seven in the U.S. and Canada as it seeks to bridge the gap between its current organizational plans. It’s dubbed the new plan, The Arc. Get the details at Headlight.News.
Automakers Expected to Post Double-Digit Sales Gains for March
The run on strong new vehicle sales should continue in March, according to a forecast from J.D. Power and GlobalData. New vehicle sales are expected to jump 12.1% for March and 4.5% for the first quarter. Get details at Headlight.News.