Nissan pushes its dealer network to sell certain 2024 models at a loss as the Japanese car giant scrambles to eliminate massive pool of inventory to make room for key 2025 models.
Automakers
Feds Raise “Significant Safety Concerns” Over Ford Fuel Leak Recall
A recall ordered by Ford to address gasoline leaks involving 43,000 Ford Bronco Sport And Escape SUVs has come under scrutiny. Federal regulators say they have “significant safety concerns” about whether the repairs will fix the problem and prevent possible vehicle fires.
Tesla Caps Off Rough Week With Hiring Freeze, Move Follows Massive Layoffs
Tesla embarks on company wide hiring freeze as the EV maker struggles with mounting investigations, slumping demand, and a decrease in profits.
GM Wrapping Production of Malibu to Shift to Bolt EV
Although General Motors is slowing the cadence of its electric vehicle production, it’s not halting it altogether. That’s evidenced by the move to end production of the Chevy Malibu at its plant in Kansas to transition over to the next generation Bolt EV. Find out more at Headlight.News.
Lucid Model Y Rival Set to Launch in 2026
In desperate need of a more affordable product that can deliver a big boost in sales, Lucid is working up a new compact SUV taking aim at the Tesla Model Y. Expect it to enter production by 2026, with a base price of less than $50,000, said CEO Peter Rawlinson, earlier than previously expected.
Bentley’s Batur Convertible Is End of The Line For Iconic W-12 Engine
Bentley’s Batur Convertible is the final swan song for Bentley’s twin-turbocharged W12 engine. Sleek droptop will be limited to 16 units and helps conclude an era of performance for both Bentley and Volkswagen.
Fed Probe of Tesla Autopilot, FSD Raises Securities, Wire Fraud Concerns
Tesla now faces a criminal probe, federal prosecutors raising questions about the way the automaker has promoted its Autopilot and Full Self-Driving technology which – despite what Tesla and CEO Elon Musk have implied to investors and consumers – are not capable of being driven hands-free.
Hyundai Confirms New Paywall Structure for Select Vehicle Features, Sees Future in Vehicle Subscriptions
Hyundai is following BMW, Mercedes, and Audi in putting certain vehicle features behind subscription paywall. Company also sees future where in-vehicle subscriptions will play bigger role in the ownership experience.
Rivian Q1 Earnings Fail to Make Grade, CEO Declines Comment on Apple Talks
EV maker Rivian reported first quarter earnings that were slightly better than its year-ago results but ended up falling short of analysts’ expectations. The company generated more revenue, but increased costs chewed up profits. Find out more about what happened at Headlight.News.
2025 BMW M4 CS Sheds Weight and Increases Power to Dominate Track Days
BMW sharpens the M4’s track manners with the 2025 BMW M4 CS. The latest addition to the CS family uses race proven formula of weight savings and increased power to help achieve perfect lap times.
Lucid Reports Mixed Results, Focusing on Growth Over Profit
Nascent EV maker Lucid Motors reported its first quarter results, exceeding expectations in some areas while falling short in others. CEO Peter Rawlinson brushed aside concerns about shortcomings, noting the company was focused on growth, specifically the company’s second vehicle, the Gravity SUV. Get details at Headlight.News.
Still More Layoffs at Tesla
Tesla launched yet another round of layoffs this week as CEO Elon Musk struggles to compensate for slowing sales and a 55% drop in first-quarter earnings. The latest cuts mean Tesla will see total U.S. employment drop as much as 20%, according to one report, with some departments, including its Supercharger operations, eliminated entirely.