Most automakers in the U.S. enjoyed positive results in November, but Ford’s numbers ran counter to the larger trend. The Michigan-based automaker saw sales drop 0.5% last month, but it could have been worse as EVs and hybrids were up substantially. Find out more at Headlight.News.
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White House May Temporarily Revise EV Tax Credit Rules as Sales Slow
The Biden admin. may give a critical boost to the auto industry as sales of battery-electric vehicles slow, temporarily lifting rules sharply curtailing the number of EVs qualifying for federal tax credits. But the senator who introduced the restrictions says he’ll fight any rollback, reports Headlight.News.
GM, Other Automakers Rethink EVs and May Shift Near-Term Emphasis to Hybrids, Plug-Ins
With EV sales growth slowing down, General Motors “is currently assessing” its massive investment in battery-electric vehicles. And, while it remains committed to CEO Mary Barra’s “path to an all-electric future,” it will shift more emphasis to the hybrids and plug-ins it was planning to abandon. And other automakers, including Ford and Stellantis, are likewise shifting direction. If anything, this validates Toyota’s strategy calling for a mix of EVs, hybrids and PHEVs, reports Headlight.News.
First Drive: 2024 Toyota Tacoma Offers More Power, More Choices
Can Toyota continue to dominate the midsize pickup market? That was the key question in mind as I set out for a first drive of the 2024 Toyota Tacoma. The midsize truck certainly looks good on paper, with eight trim package, four powertrains – including a first-ever hybrid – and a seemingly endless list of body, bed and technology options. How did it stand up, both on-road and off? Check out this review on Headlight.News.
Ford Slashing Investment, Hiring Plans for Michigan EV Battery Plant
Ford will cut its projected investment in a new EV battery plant in Marshall, Michigan by $1 billion while also cutting back on the number of workers it expects to hire, the automaker confirmed Tuesday. The plant will roll out barely half as many batteries as originally expected, reports Headlight.News.
Stellantis Workers Next to Ratify UAW Deal
Less than 24 hours after the contract between General Motors and the UAW was ratified by workers, Stellantis workers followed suit. The voting isn’t complete yet, but the number of “yes” votes is too high to be overcome by “no” votes. Ford isn’t far behind. Get details at Headlight.News.
The Easy Cruiser: 2024 Ford Mustang EcoBoost Convertible
So often the mention of a Ford Mustang convertible conjures up images of smoking tires, hard shifts and big performance. However, the 2024 Mustang EcoBoost model is better utilized by those looking for a nice, slow cruise in the sunshine. Check out our review at Headlight.News.
“Deals to be Had” as New Car Prices Tumble and Inventories Bounce Back
If you’ve been holding off on buying a new vehicle now may be a good time to head over to your nearest showroom. After three years of record hikes, prices have begun to tumble as automakers build back COVID-depleted inventories. Better yet, incentives are beginning to rise, meaning you could find the best deal in years. Headlight.News has more.
New UAW Deal Pays Off Big — For Non-Union Hyundai, Toyota and Honda Workers
The 150,000 UAW members at Detroit’s Big Three aren’t the only ones benefitting from their new contracts with General Motors, Ford and Stellantis. Three foreign-owned manufacturers have announced similar wage hikes for their own U.S. workers — hoping to keep them non-union. Find out more at Headlight.News.
Two Large Ford Plants Vote Against New Agreement
The voices thought to be a minority among the UAW membership may be getting louder if the “No” votes at Ford’s massive Louisville and Kentucky truck plants over the weekend is any indication. The results are also highlighting a divide between production workers and skilled trades. Find out more at Headlight.News.
GM Flint Plant Votes Against New Deal
UAW Chief Shawn Fain said the people would have their say, and the workers at General Motors plant in Flint, Michigan are saying “No thanks.” The proposed deal was voted down by a narrow margin, with complaints centering on mandatory overtime, the lauded cost-of-living adjustment and more. Get details at Headlight.News.
From Bad to Worse — Startup EV Brands Face Mounting Problems
Only a few years ago, an array of EV start-ups appeared poised to revolutionize the auto industry. Today, many have vanished while others struggle for survival. There have been a few success stories but the shake-out is likely to continue, reports Headlight.News.