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.
It all began with a simple report and ended in a four-year prison term. Nikola founder Trevor Milton was sentenced Monday after being found guilty of lying to the company’s investors after he made claims about the company’s technology that were untrue. Find out more at Headlight.News.
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’s least expensive vehicle in the U.S. market is its best value. In July 2023, the average price paid for a Chevrolet was $47,294 according to the Kelley Blue Book. Given the average salary in the U.S. is $59,428, that makes GM’s most affordable nameplate beyond the...
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 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’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.
Chevrolet is getting into EVs in a big way, the bowtie brand beginning to ramp up production of an all-electric Silverado, prepping the Equinox EV for a launch next year, and confirming the Bolt nameplate will return in all-new form. But the spotlight now is on a battery-powered version of one of its most popular model lines. And Headlight.News spent several days in sunny San Diego getting a chance to drive two versions of the 2024 Chevy Blazer EV.
Fans of the Chevrolet Bolt have ridden a roller-coaster this year. Parent General Motors initially indicated the Bolt would go away as it switched to EVs based on its new Ultium platform, then said an all-new Bolt would return, also using that updated technology. Now, says GM, only the longer, SUV version, the Bolt EUV, will rejoin the line-up. That means buyers will have to say goodbye to the original 5-door hatchback Bolt EV, after all.
GM Chair and CEO Mary Barra told reporters Monday evening the company remains focused on its coming array of EVs, and that hybrids are not on the agenda — for the U.S. anyway. She also dispelled any notion of a looming retirement. Find out what else she said at Headlight.News.
In recent days, several automotive executives have discussed scaling back their EV and battery production plans and started talking up the advantages of hybrids. Much of this was tied to thoughts that company’s overestimated the demand for electric vehicles, especially in light of the flattening of sales in recent months. GM CFO Paul Jacobson pumped the brakes on that notion. Get details at Headlight.News.
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.