José Muñoz will become global chief executive officer of Hyundai Motor Co. on Jan. 1. It will mark the first time a non-Korean will move into that leadership position — and comes at a critical time for what has become one of the world’s largest automakers.
There’s no question EVs offer a number of advantages, including low energy costs and the ability to plug in at home. But what about when you need to charge up on the road? The good news is that there are more public chargers being added every day. The downside: you might be in for a long wait when you plug in, depending on what EV you’re driving. Automakers are upgrading their battery vehicles to improve charging speeds and here’s a look at the models that will add miles the fastest – as well as the slowest.
Stellantis is cutting another 1,100 jobs, the latest furloughs impacting workers at the Toledo, Ohio plant producing Jeep products such as the Wrangler and Gladiator. The news comes at a time when other manufacturers, including Nissan and Audi, are paring back at a time of weakening sales.
After scoring a major win in the election this week, President-elect Donald Trump is widely expected to move quickly on a broad agenda when taking office next January. He has made it clear this will include a number of issues critical to the auto industry, including tariffs and EVs. That presents some significant opportunities for manufacturers, but also poses quite a few risks, said a senior Toyota executive who spoke to Headlight.News shortly after Trump’s victory was confirmed.
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.
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.
Toyota celebrates Baja Racing and pushes the envelope of off-road capability with the Tacoma TRD ProRunner Race Concept.
U.S. auto sales rebounded from a September lull. Though, with an uncertain election looming over the country, automakers posted relatively modest gains in October, largely driven by surging South Korean automakers.
Kia launched its new Tasman pickup, a midsize truck that takes direct aim at two of the global market leaders, the Ford Ranger and Toyota Tacoma. The bold design is available in a variety of different body configurations and offers two different powertrain options. The question now is whether Kia will take a chance at prying open a niche in the U.S. market.
Hyundai and Toyota successfuly host joint performance vehicle event in South Korea. Event’s success might spawn further cooperation between the two firms in other pursuits.
SUVs have rapidly become the preferred vehicle of choice for a growing number of aging baby boomers. But which vehicle is the best for seniors in 2024?
Just months ago, it seemed, the internal combustion engine was on its way out, with regulators planning to phase out the technology – in some markets, like Europe, within barely a decade. While automakers once seemed ready to go along they’re now beginning to push back. That includes BMW’s CEO who called for a “correction” of EV-only strategies at this week’s Paris Motor Show.