While most manufacturers have slashed their battery-electric programs, charges ahead with the launch of the affordable new EV3. What does it see that other brands don’t?
While most manufacturers have slashed their battery-electric programs, charges ahead with the launch of the affordable new EV3. What does it see that other brands don’t?
Despite oil prices running at near record highs and consumers more worried about the economy than at any time since the depths of the COVID pandemic, U.S. auto sales grew by an unexpected 4.4% in September. That defied industry expectations, in part driven by rising demand for electrified vehicles. But experts fear the bottom could yet drop out.
If you think of Hyundai as a purveyor of plain vanilla products you could be in for a surprise. As it prepares its biggest expansion program ever the Korean automaker plans to take things to extreme, with an expanding lineup of both off-road and performance models. More from Headlight.News.
Overall new vehicle sales held up in August thanks to the growing popularity of hybrids, which have served as a shield from increasingly troubling economic news.
Here’s how the upstart Korean automaker Hyundai, once seemingly destined to fail, has grown into the world’s 3rd-largest automaker and now has even Toyota and Volkswagen worried.
Hyundai Motor Co. will add or refresh more than 100 new products before the end of the decade in a bid to lock itself in as one of the world’s best-selling and most profitable automakers – a move that could threaten the industry’s two giants: Toyota and Volkswagen. To meet that target, Headlight.News reports, will require significant increases in global production capacity.
Where other manufacturers may be pulling back from the EV market, Genesis showed it remains committed with the launch of its new flagship, the GV90 – including the special-edition Neolum. Headlight.News checks out the three-row SUV based on the earlier Neolum concept.
What automotive downturn? We’ve been hearing a lot of doom-and-gloom forecasts in recent months but you’d be hard-pressed to take them seriously based on July sales. While a few manufacturers have yet to weigh in, demand surged for the month, with more than a few brands setting records. The driving force? Hybrids. More from Headlight.News.
Sales of electrified vehicles helped keep the industry afloat in June and during the second quarter, with Korean brands, in particular, delivering record sales numbers. More from Headlight.News.
Has Ford Motor Co. finally found the formula to fix its long-running quality headaches? That just might be the case based on the latest J.D. Power Initial Quality Study. The Detroit automaker had a huge drop in “things-gone-wrong” this year, handily besting its mainstream rivals and nearly reaching the top of the IQS quality chart overall. Headlight.News has more.
Sales of new vehicles remained steady in May. But despite conventional wisdom that the battery-electric market is dying, buyers showed renewed interest in electrified models, including EVs and hybrids. Headlight.News has more.
The new Lexus TZ draws power from a pair of electric motors and a 96 kWh battery pack. But slip behind the wheel and you might think there’s a V-10 under the hood. The new crossover is the latest EV to let motorists fire up the sounds of a high-performance internal combustion engine. More from Headlight.News.