In a rare and unexpected setback, Toyota suffered a 20% dip in its operating profit for the most recent quarter, the automaker hit by a variety of problems including recalls and quality snags that delayed the launch of the new 4Runner. But a senior U.S. official said the Japanese giant expects to get back on track in months ahead.
Automakers
Nissan’s Next Nismo Model Promises To Be a Beast
Nissan’s next Nismo model is rumored to be an SUV but promises to be a beast as Nissan prepares to shake up the performance SUV order.
Rising Inventory Levels Giving More Power to New Vehicle Buyers
New data reveals that consumers may be in the driver’s seat when it comes to getting a good deal on a new vehicle. According to Cloud Theory, new vehicle inventory levels are approaching oversupply, which shifts things in favor of new vehicle buyers. Get details at Headlight.News.
EV Start-Up Canoo Teeters Over the Edge
With its losses mounting and stock price tumbling, Canoo appears to be the latest EV start-up to face the threat of collapse. The company furloughed 30 employees at its factory in Oklahoma, even as two more of its top executives resigned.
Aston Martin’s Cash Burn Puts The Pressure on British Brand
Aston Martin’s cash burn grows to $1.8 million a day as the British automaker prepares to enter another period of tough times.
Automakers Flock to SEMA Show to Display Latest Aftermarket Wares
One area that often gets lost in the shuffle for automakers is their aftermarket business. However, each year they all converge on Las Vegas for the annual SEMA show to show off what consumers can buy to make their vehicles go faster, be louder, ride higher or go more places. Headlight.News offers a sampling of what you can find at the show.
The Past Lane: Happy Anniversary Chevrolet Small-Block
After seven decades, Chevrolet’s second V-8 is an engineering and performance icon. And the bowtie brand’s very survival is tied to that small block engine.
Kia Unveils 2026 Sportage, Comes With New Updates
Kia makes tasteful updates to the Sportage for 2026 as it adds more technology and a new transmission into the mix. Korean market gets the 2026 Sportage first but it will eventually be coming to the U.S.
Jeep Slashes Prices on Wagoneer, Grand Wagoneer to Counter Weak Demand
Been eyeing one of the Jeep Wagoneer or Grand Wagoneer models but turned off by the high price tag? Then you’ll likely appreciate the automaker’s decision to slash prices by as much as $7,000 on new 2025 models – though you also can expect retailers to start offering good deals on leftover 2025 SUVs.
Headlight.News For The Week of 11-4-2024 – Car Sales Surge – Losses for Ford and Stellantis – Hyundai Drops Clues About Ioniq 9 and More
In this week's episode of the podcast we talk about the surge in car sales, Hyundai dropping hints about the Ioniq 9, and big losses for Ford and Stellantis. We also go for a spin in the Nissan Kicks and take a look at this week in Automotive history Click Here to...
Feds End Query into 411K Ford Vehicles Suddenly Losing Power
The National Highway Traffic Safety Administration announced it was ending its investigation into complaints about a problem with Ford pickups and SUVs suddenly losing power. It covered as many as 411,000 vehicles. Get details at Headlight.News.
Toyota’s Tacoma TRD ProRunner Race Concept Celebrates Baja Racing
Toyota celebrates Baja Racing and pushes the envelope of off-road capability with the Tacoma TRD ProRunner Race Concept.