While it may have one of the most diverse brand portfolios in the industry, struggling Stellantis has a limited war chest to support them. So, going forward, new CEO Antonio Filosa plans to focus investments on just four of those marques. What happens to the other brands like Chrysler, Dodge, Lancia and Opel? Headlight.News has more.
At a time when the typical buyer now spending around $50,000 to drive off the dealer lot, millions of American motorists are being forced out of the new vehicle market. Budget buyers could soon find their choices even more limited, however, depending upon negotiations to update the U.S. -Mexico-Canada Agreement. How that shakes out may lead a number of U.S. and foreign-owned automakers to drop their most affordable models.
U.S. EV sales have stumbled badly since federal tax credits were phased out last September. But global demand remains strong – and continues to grow aggressively in the world’s largest automotive market. That positions China’s domestic automakers to take the lead in the battery-electric model, even in North America. Headlight.News has more.
Struggling to deal with the surge in gas prices since the Iran War began? A senior oil industry executive has a two-word suggestion: “drive less.” Headlight.News has more.
At a time when gas prices are hovering at near-record levels it helps to save every penny. And that’s what a new AI-powered tool is designed to do. Headlight.News has more on The Gas Index.
BMW is pulling the plug on the iX battery-electric crossover in the U.S. market, the latest manufacturer to rejig its EV line-up to reflect declining sales. At the same time, however, the Bavarian automaker is getting ready to bring out three more EVs, part of a wave of new products set to launch this year. More from Headlight.News.
Let by CEO Ivan Espinosa, senior Nissan officials spent nearly an hour Thursday morning outlining a grand plan meant to move beyond the massive cuts it was forced to make over the last few years. It calls for a smaller, more focused product portfolio, new powertrain technologies, more tech features, a leaner product development and manufacturing system – and growth in the key markets of the U.S., Japan and China. Headlight.News has more.
Breaking News: Nissan will streamline its vehicle line-up, even while adding more powertrain options, CEO Ivan Espinosa announced during a Tuesday morning news conference on Tuesday morning Tokyo time. The strategy, dubbed “Mobility Intelligence for Everyday Life,” will also see the second-largest Japanese automaker put more emphasis on “AI-defined vehicles.”
Nissan is getting ready to roll out an all-new version of its best-selling product line. But it will be taking a big risk with the 2027 Nissan Rogue. It’s not just the fact that the compact SUV will be offered solely as a hybrid for at least the first year, but the fact that this will be Nissan’s all-new e-Power technology which takes a radically different approach from the hybrids currently on the road. Headlight.News has more.
Hyundai unwrapped two new EV concepts in China. The location clearly made sense considering that’s the world’s largest market for battery-electric vehicles and the two show cars help mark the official launch in China of Hyunai’s Ioniq brand. But the two concepts, dubbed Venus and Earth, are more than fantasies in chrome and offer a hint of broader changes to come in Hyundai’s design approach.
For much of the past decade Tesla has toyed with the idea of launching an affordable EV some have labeled the Model 2. But the project has repeatedly been scrubbed, restarted by CEO Elon Musk and then cancelled again. Now, however, as Tesla sales slide and competitors aim to undercut the EV leader with their own low-priced models, the project has again gotten the green light and may finally reach market, sources report. More from Headlight.News.
Kia will follow sibling Korean brand Hyundai in launching a midsize pickup, one in what’s expected to be a family of body-on-frame trucks bound for the U.S. market by 2030. The Kia model will be offered with various powertrain options, including a hybrid and an extended-range EV package, reports Headlight.News.