EV maker Lucid Motors offered up good news during its second quarter earnings call as it secured as much as $1.5 billion in new cash just in time to begin production of its second vehicle, the Gravity SUV. The company also managed to beat analysts’ estimates for the quarter. Find out more at Headlight.News.
Online retailing will generate over $1.2 billion in revenues this year. And whether you’re buying from Amazon, WalMart, Target or countless other Internet retailers your package is likely to will make it to your doorstep in a delivery van. Increasingly, those vans are going electric as fleet operators seek low-cost solutions. Now, Ram is getting into the game with the new ProMaster EV. Headlight.News had a chance to take the rig for a run – without having to make any delivery stops.
Hyundai recalls 50,000 2024 Hyundai Santa Fe models for faulty airbags that can deploy at random or not function at all due to wiring problem.
According to new data analysis, American drivers are cruising up on the deadliest day on U.S. roads: Aug. 7. The data, drawn from National Highway Traffic Safety Administration records, shows Wednesday had more crashes than any other day in the year — including holidays. Find out more at Headlight.News.
Volkswagen says that the next-generation GTI EV will go above being a tool for higher performance with the company confirming in a report that it will also place a stronger emphasis on providing buyers with a better driving experience.
Even as its sales start to slide, Tesla is coming under increasing fire from competitors who hope to chip away at its market share which still dominates the EV market. And Mercedes-Benz is taking aim at Tesla’s best-seller with an all-new, battery-powered version of its compact CLA model set to debut next year.
Mitsubishi promises updated Outlander will be a better SUV as the company prepares to shift its electrification plans into high gear following the recent confirmation of a new alliance between Nissan, Honda, and Mitsubishi that will enhance EV development.
Ford applied for a patent for a new system that could allow a driver to monitor whether other vehicles are speeding, information that could then be reported to police – though the automaker says it sees the technology as a way to make it even easier for cops to crack down on speeders. Meanwhile, Ford and other automakers face new legislation that could require future vehicles to come with speed limiters.
When Toyota rolled out the GR Corolla two years ago it did a lot to change the image of a compact model long known for its plain vanilla styling and lackluster styling. But for many potential buyers there was one big drawback: its lack of an automatic transmission. That’s the biggest issue Toyota is addressing with the 2025 GR Corolla update. Here’s more.
Toyota’s got some welcome news for fans of the hot hatch GR Corolla. What’s in store? You just might want to check back with Headlight.News on Friday morning to find out more. But we’ll give a hint: the latest update will make it easier for a lot more folks to get into the sportiest version of the compact Corolla every introduced.
Automakers post strong sales for July as the industry still deals with high interest rates and the aftershocks from the CDK computer hack.
Maserati brushes off talk of it being sold by announcing that it will be bringing a new sports car model to Pebble Beach. Mysterious model might be based on the existing MC20 supercar and would give brand another halo offering.