If your auto insurance has spiked recently, you might blame the company that made your vehicle. Cars, trucks and utility vehicles now collect all types of data about your vehicle. That information is often collected by automakers, then sold to insurance companies that use it to set the rates for your premium. Find out more at Headlight.News.
Danish automotive designer and entrepreneur Henrik Fisker may be heading for a second bankruptcy. Shares of Fisker went into freefall Thursday after the Wall Street Journal reported the executive’s latest car company is seeking the help of restructuring experts in preparation for a possible bankruptcy. Earlier this month, Fisker advised analysts and investors the startup is facing going-concern risks due to slow sales and weak revenues. It is unclear whether a potential tie-up with Nissan will be enough to overcome a fast-worsening cash crunch.
As EV sales growth slows, automakers are rethinking prior plans, in some cases delaying, even canceling battery-electric vehicle projects. That includes Hyundai Motor Group, the Korean automaker previously announcing one of the industry’s more aggressive EV launch programs. But, in an exclusive report Headlight.News reveals Hyundai is not only studying whether to slow the rollout of new EVs, but also whether to make major changes to the $5.54 billion EV plant in Georgia currently set to start production in October. That would allow the facility to meet production targets by assembling more than just EVs, Hyundai officials revealed.
Once one of America’s most exclusive automotive brands, Lincoln has been little more than an also-ran in recent years. But Ford Motor Co.’s upscale marque is on a mission to rebuild itself — and not just by becoming a clone of luxury market leaders like Lexus, Mercedes-Benz, BMW or crosstown rival Cadillac. And the complete makeover of the 2024 Lincoln Nautilus gives a good sense of what’s in store, as Headlight.News discovered during a day behind the wheel of the midsize crossover in Palm Springs. Here’s our review.
A brand in transition, Buick’s shift to a lineup of only crossovers and sport-utility vehicles gets a new entry, the Envista. With a new design language and intriguing drivetrain, does Buick have a winner? Go to Headlight.News to find out.
Cadillac prepares to shift its EV ambitions into high gear with first tease of the Opulent Velocity concept. The mysterious show car promises to rewrite EV performance but leaves more questions unanswered. Get details at Headlight.News.
The average transaction price for new vehicles dropped again in February, falling a little less than 1% compared to January prices. Rising inventories and increased incentives keep pushing the prices paid for new vehicles down. Get the details at Headlight.News.
When the new Lincoln Nautilus goes on sale this spring it will mark a significant development for parent Ford Motor Co., the first time it imports a vehicle to the U.S. from China. The move will help keep the U.S. automaker’s factories there running as demand for its products has tumbled sharply in the Asian nation. But Ford is not alone. Detroit automakers – along with other foreign brands – have seen their Chinese sales – and earnings – plunge as consumers by the millions shift to domestic competitors. Could the Chinese now turn the tables on the U.S. at home? Find out at Headlight.News.
Jeep begins preparations for Easter Jeep Safari with new teaser sketches. V8 power and heritage are shaping up to be prominent themes for this year’s crop of off-road concepts. Check out the concepts and the story at Headlight.News.
The Insurance Institute of Highway Safety unveiled its new rating program for the semi-autonomous driving technologies and only one out of 14 systems tested achieved an “acceptable” rating from the safety group. Find out more at Headlight.News.
When Elon Musk handed over the keys to the first Cybertruck last November he boasted that the electric pickup featured “the finest in apocalypse technology.” The Tesla CEO even played a video showing bullets bouncing off the truck’s stainless steel skin. But a series of recent social media posts raise serious questions about the truck’s actual capabilities — or at least the skills of its early owners who’ve gotten stuck in sand and snow and even driven into a wall at the Beverly Hills Hotel, knocking off a wheel in the process. Read all about it at Headlight.News.
German sports car maker Porsche’s tease of “the most dynamic Taycan of all time” paid off March 11 with the debut of the Taycan Turbo GT and the track-ready Taycan Turbo GT with Weissach package. Find out more at Headlight.News.