While Fisker Inc. may be heading to the junkyard in the sky, there’s new life to founder Henrik Fisker’s earlier automotive start-up. Now owned by the Chinese and renamed Karma Automotive, it will show there can be life after death by unveiling two new models at the Pebble Beach Concours d’Elegance next month. And they are meant to channel the ghosts of several other one-time automotive greats, including luxury brands Pierce-Arrow and Duesenberg.
Could Stellantis abandon one or more of its 14 automotive brands? In light of the automaker’s weak second-quarter earnings, that is a distinct possibility, warned CEO Carlos Tavares. But which of those marques are the most endangered? Headlight.News takes a closer look and a few seem ripe for the chopping block.
If anyone thought Tesla’s mobile vehicle service fleet was a great idea, don’t worry, you’re not alone. In fact, some of the team who helped develop it decided it was good enough to tweak it and pitch it to auto dealers. And many also agreed and now San Francisco-based Curbee is in business. Find out more at Headlight.News.
Toyota steps up to the plate for Tundra and Lexus LX 600 owners with the company confirming that it will be replacing over 100,000 faulty engines after the company issued a recall for the problem back in May.
When the eighth-generation Corvette made its debut four years ago, some long-time fans questioned how much further Chevrolet could go after rolling out the first mid-engine version of what has come to be known as “America’s sports car.” They got their answer Thursday night when the bowtie brand rolled out what is likely to be the “ultimate” version of the ‘Vette – at least an all-gas model. What’s clear is that the 2025 ZR1 is the fastest, most powerful – and most intimidating model in Corvette history. Here’s a closer look.
Analysts predict sales of new cars, trucks and SUVs in July won’t set the world on fire — just like last month. This means the industry will need to wait another month to recover the sales lost due to the cyberattack against the nation’s auto dealers. Find out more at Headlight.News.
It will be up to a California court to determine the outcome of a long-running suit pitting two EV manufacturers, Tesla and Rivian. The bigger of the two has accused its rival of stealing trade secrets and a judge has ruled the case will have to go to trial after Rivian filed to get it dismissed earlier this week.
It wasn’t expected to be a good quarter for Ford Motor Co. Even then, the automaker’s second-quarter earnings managed to fall short of Wall Street’s expectations. That sent Ford shares tumbling by 11%, even though company leaders tried to assure investors they’re “on track” to deliver a full-year profit. More from Headlight.News.
Tesla’s second quarter results reflected the tough times the EV maker’s experiencing now that there is more competition and other issues impacting sales. While the company’s overall revenue rise slightly, its net income and automotive operations revenue took massive hits. Moreover, CEO Elon Musk doesn’t seem too bothered by the numbers. Get details at Headlight.News.
Battery-electric vehicles use half as much energy to run a given distance as do vehicles powered by gasoline, according to a new study by Yale University. And the cleaner and more efficient the source of electricity used to charge a vehicle the better the equation gets.
Toyota is experimenting with AI and autonomus vehicle technologies that will not only help expand the kinds of driver assistance technologies that will benefit consumers but also improve vehicle safety. A recent project involving newly developed self-drifting Supras is a glimpse into this tech and it has potential real-world applications.
EV maker Tesla reported its overall revenue increased slightly in the second quarter, but it wasn’t because of its automotive operations, which fell 7%. The company reported net income and adjusted earnings were down year-over-year as well. Get the details at Headlight.News.