NEW: Get Updates by Email

Genesis

Hackers Hijack June Sales, Automakers Report Mixed Sales Picture

Hackers Hijack June Sales, Automakers Report Mixed Sales Picture

Hackers blurred the sales picture for June. But it appears that overall demand was less than stellar, major brands like GM, Toyota and Hyundai reporting modest declines for the second quarter overall. That said, EV sales were stronger than anticipated — with one key exception.

Shift to Plug-in Hybrids and Range-Extenders Accelerates

Shift to Plug-in Hybrids and Range-Extenders Accelerates

While growth in the battery-electric vehicle segment has slowed sharply this year, sales are rising fast for hybrids – and automakers like Toyota, General Motors, Hyundai Motor Group and others are forecasting demand could grow at a near exponential rate for plug-in hybrids and range-extenders – driven in part by revised federal emissions standards.

Japanese Automakers Post Strong April Sales Numbers, Korean Automakers See Sales Dip

Japanese Automakers Post Strong April Sales Numbers, Korean Automakers See Sales Dip

The expanding popularity of electrified vehicles, particularly hybrids, continues to help boost sales of new vehicles amid growing signs consumers are switching to smaller, more affordable vehicles in the face of rising prices and the highest interest rates in nearly a quarter of a century.

Q&A: Hyundai Motor Group COO Jose Munoz is “Doubling Down” on EVs

Q&A: Hyundai Motor Group COO Jose Munoz is “Doubling Down” on EVs

After growing nearly 800% between 2019 and early 2023, the growth in EV sales has begun to slow in recent months. But despite some reports, U.S. demand is expected to still grow from 1.2 million to 1.5 million in 2024. While some automakers, such as Ford, Volkswagen and General Motors are pulling back on their commitments to electrify, at least one major executive, Hyundai’s Jose Munoz, says he is “doubling down” on EVs. Find out why at Headlight.News.

Genesis Goes to Extremes with New GV60 Magma Performance SUV and Neolun Flagship Concept

Genesis Goes to Extremes with New GV60 Magma Performance SUV and Neolun Flagship Concept

Genesis intends to put more emotion into its brand, as it set out to prove during a Monday evening news event ahead of the New York International Auto Show. The Korean luxury brand confirmed plans to launch an all-new line-up of performance models starting with the GV60 Magma, a version of its compact all-electric SUV. Separately, Genesis also unveiled the Neolun Concept, an all but ready-for-production SUV flagship.