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.
Automakers
Investors Unhappy with Tesla’s Results, Musk’s Explanation
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.
EVs Are Twice as Energy-Efficient as Gas Vehicles
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’s Self-Drifting Cars Will Help Make Future Cars Safer
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.
Tesla Takes a Q2 Hit Due to Automotive Business
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.
Headlight News Podcast For The Week of 7-22-24 GM Scales Down on EVs – Worst States for Distracted Driving – Infiniti QX80 Review – This Week In Automotive History
In this week's episode of the podcast, we discuss GM scaling back its EV ambitions while several new automobiles make their debut. We also look at the worst states for distracted driving and go for a spin in the 2025 Infiniti QX80 before making a detour to take a look...
BMW Unveils 2025 M5 Pebble Beach Concours d’Elegance #1/1
BMW unveils 2025 M5 Pebble Beach Concour d’Elegance #1/1. Bespoke one-of-a-kind BMW is result of a collaboration between the company and the prestigious event. The 2025 BMW M5 will also be the first M5 in history to be powered by a hybrid-equipped V8 with the first examples scheduled to make their way to the U.S. this fall.
GM Spreading Good News with Q2 Earnings Results
General Motors officials offered good news with the company’s second quarter earnings report, with revenue and profits up for the quarter as well as the first half of the year. In fact, the results were good enough for the company to revise its full-year earnings expectations upward. Find out more at Headlight.News.
Honda Updates Civic Si For 2025
The 2025 Honda Civic Si is taking an early bow ahead of the upcoming model year and it introduces an unusually extensive list of changes for what would normally be a mid-cycle “refresh,” with an assortment of new features, more standard equipment, new technology and, of course, the requisite tweaks to the front fascia and grille.
First Drive: 2025 Ford Explorer Adds a New “Digital Experience”
Since it made its debut nearly 35 years ago, The Ford Explorer has had a profound impact on the American auto industry, helping convince millions of motorists to move from sedans and coupes to SUVs and CUVs. Now, the automaker is rolling out a big update and while the 2025 Ford Explorer does get some design updates, much of the focus is on the new “Ford Digital Experience.” Headlight.News has this review.
Cadillac Continues Bespoke Car Crawl with Sollei Concept
Not long after it was founded, Cadillac adopted the slogan, “Standard of the World.” Many decades late, the luxury marque appears to be looking to be that once again. The brand’s latest effort, the Sollei Concept, reflects the company’s commitment to being the best of the best. Get the full story at Headlight.News.
Lincoln’s 2024 Nautilus Makes Ad Age’s 2024 America’s Hottest Brands List
Lincoln’s Nautilus CUV earns a spot on Ad Age’s America’s Hottest Brands of 2024″ list in potent example of how the CUV is attracting younger buyers to the Lincoln brand. Nautilus might also help bring more youth to the brand’s other models including the Navigator.