While there are no final specs, we’re betting you’ll hit 60 before you can pronounce the name of this exotic new hypercar, the Genesis X Gran Berlinetta Vision Gran Turismo Concept. We know you want it. And you may even get to drive it. If you play the Gran Turismo video game, anyway. It made its debut at the Gran Turismo World Series World Finals in Barcelona, Spain over the weekend and will be available to anyone playing the game come January. Headlight.News checks out the virtual exotic.
Automakers
Tesla Finally Delivers the Cybertruck, UAW Targets Import Makers, EV Reliability Issues Top Latest Edition of Headlight News Podcast
Headlight News for the Week of 12-4-23 talks about the first deliveries of the Tesla Cybertruck, the UAW targets imports, and EV reliability issues. We also review the Kia Sorento plug-in hybrid, preview this week’s stories and check out this week in automotive history. Check it all out at Headlight.News.
Toyota, Nissan Preparing a Flood of EVs – Too Bad They’ll Be Out of Reach for Americans
When it comes to EVs, Toyota and Nissan have been slow to join the party. But the two manufacturers plan to rapidly expand their offerings over the next several years. Between them, they’ve announced a combined nine new all-electric models due to reach showrooms in the next few years. Unfortunately for American motorists, most or all of those new EVs won’t be coming to the States. Headlight.News has more on the new Toyota and Nissan EVs.
Ford Uses EVs, Hybrids to Offset Tough November Sales
Most automakers in the U.S. enjoyed positive results in November, but Ford’s numbers ran counter to the larger trend. The Michigan-based automaker saw sales drop 0.5% last month, but it could have been worse as EVs and hybrids were up substantially. Find out more at Headlight.News.
Automakers Setting Records with November Sales Numbers
Analysts predicted new vehicle sales results for November would be strong and now that the numbers are in, they were right. Some companies even enjoyed record-setting tallies for the 11th month of 2023. Check out the results at Headlight.News.
Fisker Again Scales Back Production Plans – And Investors Applaud
For the second time this year, EV start-up Fisker has scaled back production plans, and now expects to roll out half as many Ocean SUVs as it planned at the beginning of the year. But that was fine with Wall Street, its stock price rising nearly 9% as the week came to a close. Headlight.News looks at what’s behind the cutback, and why it pleases investors.
GM CFO Jacobson Puts Brakes on Hybrid Hysteria
In recent days, several automotive executives have discussed scaling back their EV and battery production plans and started talking up the advantages of hybrids. Much of this was tied to thoughts that company’s overestimated the demand for electric vehicles, especially in light of the flattening of sales in recent months. GM CFO Paul Jacobson pumped the brakes on that notion. Get details at Headlight.News.
Hyundai Reinvents the Wheel – And it Could Make for a Better EV
The race is on to build a better EV, one delivering enhanced range and lower costs, among other things. Most of the attention has focused on next-generation batteries. But Hyundai is betting it has come up with a critical breakthrough by, quite literally, reinventing the wheel. Headlight.News checks out the Hyundai Uni Wheel.
After Repeated Delays, Tesla Finally Hands Over Keys for First Cybertruck
Almost precisely four years after unveiling its first electric pickup, and after a long series of delays, Tesla finally delivered the first Cybertruck to customers at its Texas assembly plant on Thursday afternoon. The question is whether the all-electric pickup will live up to the hype it has received –considering it falls well short of its original range target while prices are 50% higher than what was promised in 2019. Even the automaker’s CEO Elon Musk isn’t as confident as normal.
UAW Launches Massive Organization Effort Across Auto Industry
UAW President Shawn Fain has repeatedly talked about the UAW “bump.” It’s the wage increase workers at foreign automaker transplants received in the wake of the 25% pay hike UAW members got from GM, Ford and Stellantis. Now he’s looking to see if they want to join his “movement.” Get details at Headlight.News.
White House May Temporarily Revise EV Tax Credit Rules as Sales Slow
The Biden admin. may give a critical boost to the auto industry as sales of battery-electric vehicles slow, temporarily lifting rules sharply curtailing the number of EVs qualifying for federal tax credits. But the senator who introduced the restrictions says he’ll fight any rollback, reports Headlight.News.
November New Vehicle Sales Expected to Rise, But Prices are Dropping
Analysts at Cox Automotive predict new vehicle sales will rise 6.5% in November. That increase is really less about people buying a lot of vehicles this month and more about poor results from last November. Find out more at Headlight.News.