Nearly half of all Buick dealers are taking buyouts from General Motors. Many Cadillac dealers accepted similar buyouts previously, and it reflects dealer concerns about the cost of converting their showrooms and service departments to handle battery-electric vehicles. GM plans to go 100% EV by 2035, though the automaker is adjusting the pace of that transition as EV sales growth slows.
Paul Eisenstein
Rising Incentives, Lower Prices – Vehicle Buyers Have Reason to Celebrate
After three years of rising prices and a lack of traditional sales incentives, new vehicle buyers have good reason to celebrate this holiday season. Sticker prices are stabilizing and, in some cases, are even falling. Meanwhile, incentives are back in a big way, and are expected to continue rising in the months to come, reports Headlight.News.
Ford’s New F-150 Raptor R Muscles Up at 720 HP
Ford’s F-150 is a plenty capable vehicle but for those who want a truck that can add sports car level-power and awe-inspiring off-road capabilities, there’s the F-150 Raptor R. And for 2024, the full-size beast cranks things up to a new level, punching out 720 horsepower and 640 pound-feet of torque. More from Headlight.News.
Canada Banning Combustion Engine Sales by 2035
Canada is the latest country planning to require automakers to sell 100% zero-emissions vehicles by 2035, though that could include hydrogen fuel-cell vehicles, as well as EVs. Two Canadian provinces previously laid out the same target — as have a number of other countries, including the United Kingdom. More from Headlight.News.
End of the Line: Chevy Builds its Last Camaro – for Now
Chevy performance fans might be weeping a bit this week. The last Camaro coupe has rolled off the assembly line, less than a month after the final convertible version. But could there be a resurrection in store? More from Headlight.News.
Acura Opens Reservations for its First EV, the ZDX
Acura begins taking reservations for its first all-electric model, the ZDX, ahead of its official sales launch early next year. Get more detail about the new EV and ordering process at Headlight.News.
Turnabout is Fair Play: Ford F-150 Shames Snowed-In Tesla Cybertruck
Like the kid getting revenge on the bully who used to kick sand on his face at the beach, the Ford F-150 came to the rescue of a humbled Tesla Cybertruck in a video now gone viral. Get the details at Headlight.News.
Mercedes Getting “Hyper-Personal’ at CES 2024
More than 500 automakers, auto suppliers and other “mobility” manufacturers will be on hand for this year’s Consumer Electronics Show, including Mercedes-Benz. The German luxury brand plans to introduce a “hyper-personalized” version of its MBUX infotainment system, using AI to deliver a more “natural, human-like interaction.” Headlight.News looks at what Mercedes, BMW, Honda and other automakers have in store for CES 2024.
GM the Latest Automaker Adding to Layoff Rolls
General Motors will lay off more than 1,300 hourly workers at two Michigan plants, the automaker said. The announcement follows a series of other job cuts as the industry comes to the end of a challenging year. Most of the GM workers are employed at a suburban Detroit plant undergoing major renovation for the launch for future EVs.
Cruise Cuts Quarter of Workforce – Including Nine Senior Execs Linked to Near-Fatal Pedestrian Crash
Cruise LLC, GM’s autonomous vehicle arm, continues to feel the impact of an October 2 crash that nearly killed a pedestrian in San Francisco. The robotaxi company will eliminate a quarter of its workforce in a bid to move onto “a more deliberate path with safety as the north star.” That includes nine senior executives cited in an ongoing safety investigation.”
Cadillac Teases its Fifth EV, the Three-Row Vistiq
Cadillac’s push into the EV market is picking up speed as it reveals its fifth all-electric model – and the third unveiled this year. Headlight.News checks out the new Caddy Vistiq, an EV alternative to the three-row Cadillac XT6. More from Headlight.News.
Honda, Acura Revise CPO Program to Attract Buyers Priced Out of New Car Market
Vehicle prices have surged at a record pace over the last decade, rising more than 50%, and pricing many potential buyers out of the market. To give them an alternative, Honda and its upscale sibling Acura are upgrading their certified pre-owned program, not only offering near-new models but adding more ways to finance them, including leasing – as well as the ability to shop for them online, the two brands announced Thursday.