After revising its supply chain, Cadillac once again can offer $7,500 in federal tax credits to buyers of the Lyriq EV. The automaker briefly lost those incentives after the U.S. Treasury updated guidelines under the Inflation Reduction Act on January 1. The news means Caddy gets a critical advantage over a number of competing luxury EVs that have also lost their tax credits this year.
The personal vehicles of the president’s past have been more curious than collectible. Barack Obama’s Chrysler 300C didn’t fetch the $1 million the initially asked for on eBay Motors. Now Joe Biden, the sitting president, sees his last car up for bid. He knows cars,...
Cadillac is launching the 20th anniversary of its V-Series in style with updates of the two CT5 performance packages, the CT5-V and CT5-V Blackwing. Headlight.News checks out how the two sedans strike the balance between performance and luxury.
After a painfully slow start, the Cadillac Lyriq is finally gaining traction. The all-electric SUV made up 12% of the luxury brand’s sales during the final quarter of 2023 — and is on track to double that this month, according to brand boss John Roth. That buoys confidence as Caddy gets ready to roll out four more EVs in the coming year. Find out more at Headlight.News.
Revised rules that went into effect on January 1 took away federal tax credits on all but about a dozen EVs. But General Motors will make up for that loss by offering up to $7,500 in discounts on EVs like the Cadillac Lyriq and Chevrolet Blazer EV, the automaker said. Ford, meanwhile, said it is raising the price on some versions of its F-150 Lightning by up to $10,000, while lowering the cost of premium models by as much as $7,000.
The New Year brings bad news for potential EV buyers as only a handful of models now qualify for federal tax credits of up to $7,500. That’s because of new requirements covering the sourcing of batteries and raw materials like lithium and cobalt. Among the brands impacted are Tesla, Nissan, General Motors and Ford. And analysts worry this could further slow growth of EV sales.
At least 40 new battery-electric vehicles are due to reach U.S. showrooms in 2024 — and that’s a conservative estimate as we’ve had a number of surprises dropped on us by both domestic and foreign-owned brands. If anything, the flood of EV offerings will likely accelerate going forward. Here’s a look at some of the models we’re expecting in 2025 and 2026. Headlight.News checks out 45 of them.
As recently as 2019 you’d have to struggle to find an EV at your local showroom. Today, however, there are more than 50 different nameplates available in the U.S., the vast majority offered with range exceeding 200 miles – and some products doubling that figure. But the pace of introductions is only set to accelerate, with dozens of new battery-electric vehicles soon coming to market. Headlight.News checks out the most interesting and important products debuting in 2024.
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.
Poor performance of rear seat restraints cited as possibly causing injury in most of the tested models. Paying more for a midsize SUV doesn’t mean you’re safer in a crash – especially in the rear seat. That’s the message from the Insurance Institute for Highway...
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.
General Motors CEO Mary Barra likes to say the carmaker is “on a path to an all-electric future,” and no GM brand is moving faster than Cadillac. It’s already building the Lyriq, and is getting ready to roll out both the Escalade IQ and the exotic halo car, the Celestiq. Next, it seems is a downsized electric SUV, the Optiq, and these are the first teaser images. Headlight.News checks out the new EV and has insight on what it will offer.