General Motors will lay off 1,140 workers at Factory Zero, its Detroit battery-electric assembly plant due to weak demand for products like the GMC Hummer EV and Chevrolet Silverado EV. The automaker also is facing pressure from Canadian authorities to come up with an alternative plan for an Ontario plant where it is ending production of all-electric Bright Drop vans. More from Headlight.News.
Now that Ford’s Mustang GTD is rolling out, what’s the automaker planning to come up with next? It’s offering a hint with an assortment of teaser images suggesting the newly renamed Ford Racing division will debut a “production road car” in January. Stay tuned, it seems for something big – and fast – to debut at the upcoming Detroit Auto Show. Headlight.News has more.
Sales have never lived up to expectation for the Ford F-150 Lightning, one of the market’s first all-electric pickups. The automaker idled production last month due to a shortage of aluminum and officials there reportedly are considering whether to scrap the nameplate entirely. Headlight.News has more.
General Motors looked to be the leader in the electric vehicle market by investing heavily in the segment, and that push crimped its Q3 earnings numbers as it took a $1.6 billion charge to offset investments in its EV operations during the period. However, the company still reported a profit, and investors are happy. Get details at Headlight.News.
General Motors has ended a program aimed at using hydrogen fuel-cell technology as an alternative to battery power, in the process scrapping plans for a $55 million factory in Detroit. The automaker will continue producing fuel-cell stacks for use in stationary applications, however. More from Headlight.News.
Tesla CEO Elon Musk earlier this year promised to bring to market a more affordable EV and, with federal tax credits having ended last week this may be the perfect time to roll it out. The automaker’s account on X teased what could be a new, lower-cost version of the Model Y expected to debut on Tuesday. Headlight.News has more.
U.S. auto sales took a sharp upturn in September, largely driven by charged-up demand for other electrified vehicles. General Motors and Ford were among the manufacturers reporting record EV numbers for the month, motorists racing to take advantage of federal tax credits before they expired at the end of the month. Headlight.News has more.
Car dealers across the country have been busy writing up new orders for battery-electric vehicles in recent weeks, shoppers racing to take advantage of federal tax credits that expire on Sept. 30. But what happens come October 1? Will demand wither away? Headlight.News has more.
Acura has canceled production of the all-electric ZDX, largely due to weak sales and concerns about the future of the EV market. But the Japanese luxury brand isn’t giving up on battery power entirely. It’s moving forward on plans to launch the new RSX EV sometime next year, reports Headlight.News.
With so many different brands – and products — to choose from it’s likely no surprise that consumer loyalty has been on a long decline. But some manufacturers still stand out, and Ford Motor Co. comes out on top according to the latest study by S&P Global Mobility. Headlight.News looks at the other winners – and why Tesla was an “unprecedented” loser.
Workers at General Motors’ Factory Zero will get an extended Labor Day holiday, the company said, in order to make “temporary adjustments to production,” reflecting slowing demand for some of the automaker’s biggest battery-electric vehicles including the GMC Hummer and Chevrolet Silverado EV. More from Headlight.News.
EV sales will “flatten considerably” once federal tax credits expire at the end of September, according to a new study. Even with more affordable models coming to market, EV market share will be nearly half what was previously expected before Congress voted to eliminate the incentives. Hoping to clear out inventory before then, automakers have launched a variety of deals that could put some buyers behind the wheel of an EV for less than $100 a month. More from Headlight.News.