The automotive industry continues to claw its way back from the problems caused by the pandemic. Another milestone it expects to hit is a return to pre-pandemic vehicle inventory levels, or at least getting close. Get the story at Headlight.News.
Michael Strong
Tesla CEO Musk Wants More Power — Voting Power
Tesla CEO Elon Musk is looking for a trade: power for influence. It’s an oversimplification, but he wants 25% of the company’s voting power in order to continue developing AI-based technologies. Get details at Headlight.News.
Despite Massive Snow Blast, Iowa Best State for Drivers
Check out the news in recent days and you’ll endure a blizzard of pictures of semi trucks and other vehicles that have slid off the road in Iowa in the wake of a recent snow storm. That said, a new study shows that if you’re a driver, Iowa is the place to live. Get details at Headlight.News.
Buyers Get a Break in 2023 as New Vehicles Slide
Everything seemingly costs more these days; however, consumers looking to buy a new vehicle saw the final amount they paid for a new car, truck or utility vehicle fall by 2.4% for the year. The year-over-year drop in prices came despite an uptick of 1.3% in the year’s...
Want a Good Deal on a Tesla? Try Hertz
Rental car giant Hertz made a big splash a couple of years ago when it agreed to add 100,000 Teslas to its rental fleet. However, the company’s rethinking that plan and is even selling off as many as 20,000 of those Teslas it purchased. Find out why at Headlight.News.
Tesla Unveils New Model 3
Many Tesla critics often ask, if the company released a next-gen variant of any of its vehicles, would anybody know? Apparently, the answer is yes as Tesla has just released the latest version of its Model 3 sedan. Headlight.News has details.
VinFast Making Moves to Expand in U.S.
After a few hiccups, Vietnamese automaker VinFast is on the move again in the U.S., adding four independent dealers to its network as well as preparing to introduce two concept vehicles at CES that could find their way into those dealerships in the future. Get details at Headlight.News.
Stellantis Examining Future Auto Shows in North America
For the better part of a decade now, automakers have been pulling out of auto shows in the U.S. Initially, it was smaller specialty makers like Ferrari and Lamborghini. However, the COVID pandemic accelerate the pace of departures with the latest being Stellantis, which says it’s skipping the Chicago Auto Show next month and will consider events on a case-by-case basis going forward. Find out why at Headlight.News.
Key Carmakers Post Strong Q4, Full-Year Sales Despite Challenges
GM, Toyota and Honda all enjoyed strong finishes at the end of the year to help them secure improved year-over-year results for the whole of 2023. Get details about the performance of the other companies at Headlight.News.
Consumers Changing Preferences Impacting Auto Industry in 2024
While many aspects of the industry are returning to normal, automakers and consumers are going to have to deal with some issues that linger like a bad hangover this year. Most of the problems will focus on the price of new vehicles. Find out more at Headlight.News.
Jeep, Dodge, GMC, VW and Toyota All Increase Prices on 2024 Vehicles
After watching prices on new vehicles come down over the course of 2023, several brands rolled out price increases on their 2024 models. Jeep, Dodge, Toyota, Volkswagen and GMC all hiked prices from as little as $150 to more than $4,000 — although GMC did cut the price on one vehicle. Find out more at Headlight.News.
Headlight News for the Week of 1-2-24: 2023 Sales Rebound, EV Tax Credits, Good Time to Buy an EV, and a 2024 Subaru Crosstrek Review
Headlight News for the Week of 1-2-24: 2023 Sales Rebound – EV Tax Credits – a Good Time to Buy an EV – 2024 Subaru Crosstrek. Check it out for these stories and more!