Despite a modest increase in sales last year, Mitsubishi Motors earnings took a tumble during the most recent quarter. Bargain-basement pricing and rising incentives took much of the blame. But it hasn’t helped that the automaker has a miniscule product lineup that leaves little for dealers to sell. Company officials now hope to tap allies Nissan and Renault to help add new products to help put Mitsubishi back on the radar, especially in the critical U.S. market.
If you want a brand-new car in the United States in 2024, it’s going to cost you $17,530 before options, taxes and tags. That’s the base price and destination charge of the 2024 Nissan Versa, the least-expensive new car you can buy. But how does it drive? Find out at Headlight.News.
Japanese automakers, boosted by their hybrid technology, posted sales gains in January, and South Korean automakers saw sales of their EVs increase. Get the details about January sales at Headlight.News.
This week’s Headlight News for the Week of 1-22-24 discusses the dip in new vehicle prices last year, Nissan delaying its next round of electric vehicles as well as the best and worst states for drivers. Get the podcast at Headlight.News.
Nissan delays the launch of two all-electric sedans it had planned to produce at its factory in Canton, Mississippi. The move comes as the auto industry, overall, reacts to a slowdown in the growth of EV sales. Headlight.News has more.
The New Year brings bad news for potential EV buyers as only a handful of models now qualify for federal tax credits of up to $7,500. That’s because of new requirements covering the sourcing of batteries and raw materials like lithium and cobalt. Among the brands impacted are Tesla, Nissan, General Motors and Ford. And analysts worry this could further slow growth of EV sales.
At least 40 new battery-electric vehicles are due to reach U.S. showrooms in 2024 — and that’s a conservative estimate as we’ve had a number of surprises dropped on us by both domestic and foreign-owned brands. If anything, the flood of EV offerings will likely accelerate going forward. Here’s a look at some of the models we’re expecting in 2025 and 2026. Headlight.News checks out 45 of them.
It’s hard to believe there once was a time when the Nissan Pathfinder and Toyota 4Runner competed fender to fender for off-road supremacy. After a 10-year split, the Pathfinder appears ready rumble off-road again. Check it out in our review at Headlight.News.
Automotive journalists combined forces with automakers and with dog rescue operations in the Midwest to bring 12 adoptable dogs westward to find permanent homes. The doglift balances the supply and demand and delivers new pets in time for Christmas. Read the whole heartwarming story at Headlight.News.
At an average cost of $60,000, most of today’s battery-electric vehicles fall into the luxury category — and that’s one reason why the growth of the EV market has slowed down this year. But as we head into 2024, motorists who want to go electric could soon find more affordable options. Get details at Headlight.News.
When it comes to EVs, Toyota and Nissan have been slow to join the party. But the two manufacturers plan to rapidly expand their offerings over the next several years. Between them, they’ve announced a combined nine new all-electric models due to reach showrooms in the next few years. Unfortunately for American motorists, most or all of those new EVs won’t be coming to the States. Headlight.News has more on the new Toyota and Nissan EVs.
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.