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Automakers

Better Move Fast if You Want a Tesla Model Y — Prices Are Going Up

Better Move Fast if You Want a Tesla Model Y — Prices Are Going Up

After spending much of last year cutting prices on its EV lineup, Tesla has reversed course, announcing a $1,000 increase in the U.S. sticker price for its best-selling Model Y. In Europe, meanwhile, buyers will pay as much as 2,000 euros, or $2,177 more for the electric SUV. While that might not be good news for buyers, Tesla stockholders hailed the price hike, giving shares traded under the Nasdaq ticker TSLA their first big gain in a month. Find out more at Headlight.News.

Hertz CEO Steps Down After Failed Bet on Tesla EVs

Hertz CEO Steps Down After Failed Bet on Tesla EVs

The CEO of Hertz Global Holdings, has handed in his key to the executive washroom. He’s stepping down after a disastrous move that saw the daily rental company add 100,000 Teslas to its fleet. The EVs didn’t prove as popular as expected with customers – but they did wind up experience far more repairs than anticipated. Adding insult to injury, Tesla’s big price cuts meant massive losses for Hertz when it tried to sell the vehicles off.

These Are the Greenest – and Meanest – Vehicles You Can Buy

These Are the Greenest – and Meanest – Vehicles You Can Buy

Looking for an environmentally friendly vehicle? You have more options than ever before. That includes a flood of new battery-electric vehicles, as you might expect, but if you’re still reluctant to go with an EV you still have plenty to choose from. In fact, the top-ranked model in the 2024 GreenerCars list is a plug-in hybrid, and even some products running solely on gasoline do well in the annual study. Better yet, there are plenty of affordable options. But there also are some surprises, as Headlight.News reports.

Automakers Selling Data About Drivers Used by Insurance Companies to Set Rates

Automakers Selling Data About Drivers Used by Insurance Companies to Set Rates

If your auto insurance has spiked recently, you might blame the company that made your vehicle. Cars, trucks and utility vehicles now collect all types of data about your vehicle. That information is often collected by automakers, then sold to insurance companies that use it to set the rates for your premium. Find out more at Headlight.News.