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Paul Eisenstein

Fisker Shares Collapse After Bankruptcy Report

Fisker Shares Collapse After Bankruptcy Report

by | Mar 14, 2024 | , , , , , , , , , ,

Danish automotive designer and entrepreneur Henrik Fisker may be heading for a second bankruptcy. Shares of Fisker went into freefall Thursday after the Wall Street Journal reported the executive’s latest car company is seeking the help of restructuring experts in preparation for a possible bankruptcy. Earlier this month, Fisker advised analysts and investors the startup is facing going-concern risks due to slow sales and weak revenues. It is unclear whether a potential tie-up with Nissan will be enough to overcome a fast-worsening cash crunch.

Exclusive: Hyundai Rethinks EV Plans – New Georgia EV Plant May Add Hybrids, Gas Models

Exclusive: Hyundai Rethinks EV Plans – New Georgia EV Plant May Add Hybrids, Gas Models

by | Mar 14, 2024 | , , , , , , , , ,

As EV sales growth slows, automakers are rethinking prior plans, in some cases delaying, even canceling battery-electric vehicle projects. That includes Hyundai Motor Group, the Korean automaker previously announcing one of the industry’s more aggressive EV launch programs. But, in an exclusive report Headlight.News reveals Hyundai is not only studying whether to slow the rollout of new EVs, but also whether to make major changes to the $5.54 billion EV plant in Georgia currently set to start production in October. That would allow the facility to meet production targets by assembling more than just EVs, Hyundai officials revealed.

First Drive: 2024 Lincoln Nautilus Hybrid: Common Scents

First Drive: 2024 Lincoln Nautilus Hybrid: Common Scents

by | Mar 14, 2024 | , , , , , , , , ,

Once one of America’s most exclusive automotive brands, Lincoln has been little more than an also-ran in recent years. But Ford Motor Co.’s upscale marque is on a mission to rebuild itself — and not just by becoming a clone of luxury market leaders like Lexus, Mercedes-Benz, BMW or crosstown rival Cadillac. And the complete makeover of the 2024 Lincoln Nautilus gives a good sense of what’s in store, as Headlight.News discovered during a day behind the wheel of the midsize crossover in Palm Springs. Here’s our review.

Detroit Automakers Watch as Their Sales Collapse in China – and the U.S. Could be Next

Detroit Automakers Watch as Their Sales Collapse in China – and the U.S. Could be Next

by | Mar 13, 2024 | , , , , , , , , , , , ,

When the new Lincoln Nautilus goes on sale this spring it will mark a significant development for parent Ford Motor Co., the first time it imports a vehicle to the U.S. from China. The move will help keep the U.S. automaker’s factories there running as demand for its products has tumbled sharply in the Asian nation. But Ford is not alone. Detroit automakers – along with other foreign brands – have seen their Chinese sales – and earnings – plunge as consumers by the millions shift to domestic competitors. Could the Chinese now turn the tables on the U.S. at home? Find out at Headlight.News.

Whether Stuck in Sand or Snow or Driving Into Walls, Owners are Wrecking Cybertruck’s Image

Whether Stuck in Sand or Snow or Driving Into Walls, Owners are Wrecking Cybertruck’s Image

by | Mar 12, 2024 | , , , , , , , ,

When Elon Musk handed over the keys to the first Cybertruck last November he boasted that the electric pickup featured “the finest in apocalypse technology.” The Tesla CEO even played a video showing bullets bouncing off the truck’s stainless steel skin. But a series of recent social media posts raise serious questions about the truck’s actual capabilities — or at least the skills of its early owners who’ve gotten stuck in sand and snow and even driven into a wall at the Beverly Hills Hotel, knocking off a wheel in the process. Read all about it at Headlight.News.

Apple Considered Buying GM — Then Dropped $1 Billion Annually Before Killing its Own Car Program

Apple Considered Buying GM — Then Dropped $1 Billion Annually Before Killing its Own Car Program

by | Mar 11, 2024 | , , , , , , , , , ,

When Apple disbanded Project Titan last month, it marked the end of the tech giant’s long-standing goal of getting into the automotive business. But just how far back did that dream begin — and how much did Apple invest? Apparently, much further back than was previously known. And it spent far more than previously reported on its failed attempt to launch a line of self-driving EVs. Find out more at Headlight.News.

Chevrolet Lifts Stop-Sale on Blazer EV

Chevrolet Lifts Stop-Sale on Blazer EV

by | Mar 8, 2024 | , , , , , , ,

After nearly 10 weeks, Chevrolet has lifted a stop-sale order barring dealers from selling or delivering the new Chevrolet Blazer EV. The move was ordered in response to reports of serious glitches with the all-electric SUV’s software. Hoping to win back buyers, also announced price cuts running as much as $6,500, depending on the Blazer EV trim package. For more details, go to Headlight.News.

Waymo Gets the Go for a Big Robocab Expansion in California

Waymo Gets the Go for a Big Robocab Expansion in California

by | Mar 7, 2024 | , , ,

When robocab start-up Cruise was involved in a near-fatal pedestrian crash in California last October, many observers wondered whether that would deliver an even more deadly hit to the quest for fully self-driving vehicles. But while GM-owned Cruise has been struggling, its chief rival, Alphabet’s Waymo, is moving forward. And it just won approval from California regulators to expand its base of operations in the state.

Tesla Stock Again in Freefall; How Low Will it Go?

Tesla Stock Again in Freefall; How Low Will it Go?

by | Mar 6, 2024 | , , , , , ,

Betting on the stock market isn’t for the fainthearted. But it takes an iron constitution to buy in on Tesla. True, those who’ve hung with the automaker since its early days have been well rewarded. But recent years have taken investors on a rollercoaster ride. And nowhere has it been more apparent than over the past few months. After nearing a 52-week late last year, Tesla shares have been in decline. And that’s now showing signs of turning into a full-on rout, even some long-term Tesla bulls getting worried.

Driven by Soaring Hybrid Demand, Ford Maverick Sets New Sales Record

Driven by Soaring Hybrid Demand, Ford Maverick Sets New Sales Record

by | Mar 6, 2024 | , , , , , , , , , ,

The Ford Maverick pickup has delivered a major hit for the Detroit automaker — and much of the credit goes to the hybrid version of the little pickup which accounted for nearly half of its record sales in February. Hybrids, in general, are setting all-time highs as automakers bring more to market and position them as a bridge between gas and all-electric drivetrain technologies. Read the story at Headlight.News.

Dodge Challenger Nameplate Could Make a Comeback

Dodge Challenger Nameplate Could Make a Comeback

by | Mar 5, 2024 | , , , , , , , , ,

An all-new Dodge Charger made its official debut on Tuesday and while it hewed closely to the design of the Dodge Charger Daytona SRT concept introduced in 2022, the muscle car brand had some surprises up its sleeve, announcing that the production version will be offered in both 2- and 4-door versions (as well as all-electric and gas-powered options, as well). That leaves a big question: what happens to the once widely hailed Dodge Challenger?

First Look: All-Electric 2025 Dodge Charger Daytona – And it Gets a Gas-Powered Sibling

First Look: All-Electric 2025 Dodge Charger Daytona – And it Gets a Gas-Powered Sibling

by | Mar 5, 2024 | , , , , , , , , ,

Dodge lifted the covers today on the eagerly awaited Charger Daytona. The replacement for the brand’s ancient muscle car line-up made its debut in concept form barely 18 months ago, billed as “the world’s first all-electric muscle car.” But Dodge offered up a few surprises during a media briefing: it will not only offer three distinct performance versions of the Daytona EV but add both 2- and 4-door models. And there’ll also be a Dodge Charger gas model using the new Hurricane engine. More from Headlight.News.