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.
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.
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.
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.
Kia is preparing to enter the entry-level EV wars with the all-new EV3. EV3 will help expand the pool of customers Kia can reach and will make its debut on May 23rd.
Rolls Royce polishes crown jewel in its vehicle lineup with the 2025 Cullinan Series II SUV. More luxury defines driving experience and tweaked styling enhances the SUV’s wow factor.
Months after settling a crippling strike at its North American automotive operations, Stellantis faces the threat of another walkout, workers at a critical stamping plant in suburban Detroit giving union leaders the okay to shut down the facility if no agreement can be reached over health and safety issues. A walkout would also shutter key Chrysler, Dodge, Jeep and Ram assembly lines.
The Headlight News for the Week of 5-6-24 covers Auto Sales Stumble – New Ferrari 812 – Polestar EV Can Charge in 10 Minutes – Kia Telluride Review and This Week in Automotive History. Check out the podcast at Headlight.News.
2025 Genesis GV80 is looking to firmly establish itself in the luxury SUV segment with its updated interior, tweaked exterior, and a pricing ladder that allows it to maintain its place as a value-focused contender for family buyers.
Mercedes-Benz is aiming to please sunseekers with the 2025 Mercedes-AMG CLE 53 Cabriolet. More power and sharper styling make this droptop a rockstar.
Stellantis has all but completely abandoned its Free2move ride-sharing service due to a variety of problems including thefts, damage and high operating costs. Free2move continues operating only in Washington, D.C. and could close its U.S. operations entirely.
The Ferrari 812’s replacement retains V-12 power without the aid of or turbocharging or hybrid technology. As expected, Ferrari revealed the Ferrari 12Cilindri Friday in Maranello. Offered as a Coupe or Spider, the 12Cilindri models replace the Ferrari 812, and is...