After reporting a profitable 2023 that exceeded their own expectations, GM officials revealed they’re deploying plug-in hybrid vehicles — for certain models — to the North American market. It was a decision made after reviewing and tweaking its EV production plans and feedback from dealers. Find out more from Headlight.News.
General Motors
GM Beats Internal Earnings Targets for 2023, Offering Dividend
Detroit-based automaker General Motors beat its internal guidance numbers for the 2023 earnings while raising the bar for 2024. The higher earnings forecast comes despite sizeable rise in costs expected due to the new UAW labor contract. The automaker beat its...
Rivian Poaches Top Apple Exec, Other Talent, Despite Ongoing Problems
The New Year got off to a rough start for Rivian, the start-up slammed by investors nervous about slowing growth in EV sales. But the market is taking notice of the news that Rivian has poached DJ Novotny, the vice president of hardware engineering away from Apple. The move comes as the tech giant reportedly again delayed – by as much as four years – its secretive Apple Car program. More from Headlight.News.
GM, Honda Begin Joint Production of Hydrogen Fuel Cells
Hoping to take advantage of what proponents call the fuel of the future, General Motors and Honda today launched joint production of hydrogen fuel cells at a factory in suburban Detroit. The zero-emission devices will be used to power everything from portable generators to Class 8 trucks. And, as Headlight.News reports, the two automakers aren’t the only ones who see great opportunities with hydrogen technology.
UAW Endorses Biden for Second Term as President
President Joe Biden’s brief visit in September to a union picket line in Ypsilanti, Michigan during the United Auto Workers strike against Ford, General Motors and Stellantis is paying off with an UAW endorsement of Biden’s re-election. Find out more about the ties between the two at Headlight.News.
First Look: 2025 Cadillac CT5-V and CT5-V Blackwing Balance Performance and Luxury
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.
Buick Celebrates Strong 2023 By Giving Glimpse at 2025 Enclave
Most automakers enjoyed strong sales last year, and Buick was among them. The brand’s been in a state of change for the past 18 months, and to celebrate a good sales year, officials decided offer an early look at what’s to come. Have a look at the 2025 Buick Enclave at Headlight.News.
As UAW Organizing Drive Gains Traction, Tesla Raises U.S. Wages
Tesla has become the latest automaker to raise wages for its U.S. workers, a move that industry-watchers see as an effort to stall an organizing drive by the United Auto Workers Union. The Texas-based EV manufacturer is seen as particularly vulnerable, especially at its California assembly plant which has faced numerous complaints about racial and sexual harassment and unsafe working conditions.
CES 2024 Ushers In Era of “Software-Defined Vehicles”
Today’s cars already function as computers on wheels, some equipped with over 100 onboard microprocessors. But tomorrow’s vehicles will go significantly further, offering the sort of software-based features and functions found on Apple and Android smartphones and making use of the latest AI technology. Tomorrow’s “software-defined vehicles” will transform what motorists can do while driving – while generating hundreds of billions of dollars in new revenue streams for automakers. We’ll get a look at what this means at the upcoming Consumer Electronics Show in Las Vegas.
Battery power dominates as Toyota Prius, Ford Super Duty and Kia EV9 Named North American Car, Truck and Utility Vehicle of the Year
A jury of 50 U.S. and Canadian journalists narrowed down an extensive field of new vehicles, with three models named the winners of the North American Car, Truck and Utility Vehicle of the Year awards. At a ceremony in Detroit, the Toyota Prius was named Car of the Year, the Ford Super Duty taking top honors in the truck category. And the Kia EV9 was named Utility Vehicle of the year.
GM Will Cover Federal Tax Credits Lost by Some of its EVs This Year
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.
Ford Brags on F-Series Sales Yet Again
The real news is that pickup truck sales were up dramatically for both Ford and GM. Toyota Tundra and Nissan Titan sales were also up. Only Ram trucks had a down year. Read all about it at Headlight.News.