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Gas Prices Expected to Fall in 2025

Gas Prices Expected to Fall in 2025

Americans have been paying less and less at the pump since gas reached $5 a gallon during the tail-end of the pandemic in 2022. While the national average isn’t quite what it was prior to 2020, it has declined each of the last three years. Will it drop below $3 a gallon in 2025? Find out at Headlight.News.

VinFast Finally Begins U.S. Deliveries of 3-Row VF 9 EV

VinFast Finally Begins U.S. Deliveries of 3-Row VF 9 EV

Better late than never, it seems, for Vietnamese EV start-up VinFast, the automaker finally delivering the first batch of its second model-line offerings, the VF 9. But those interested in the 3-row SUV will still find only limited availability through a handful of dealerships in California other states.

VinFast Launches VF 9 With Major Price Cut

VinFast Launches VF 9 With Major Price Cut

Hoping to get it right after a botched launch of its original EV, Vietnamese start-up VinFast is ready to roll its second offering into U.S. showrooms. To increase the appeal of the three-row VF 9, VinFast has slashed the sticker price by more than $10,000 on the base model and $18,000 on the more lavishly equipped Plus package.

Rivian Slashes 10% of Salaried Staff, Trims Production as EV Sales Growth Slows

Rivian Slashes 10% of Salaried Staff, Trims Production as EV Sales Growth Slows

Rivian announced it will slash both its corporate staff and production this year after reporting more than $1.5 billion in losses for the final three months of 2023. Even as it prepares to unveil an entirely new family of battery-electric vehicles, CEO RJ Scaringe warned the nascent automaker “is not immune” to the headwinds battering the U.S. EV market after four years of record growth. Separately, EV startup Lucid also forecast flattening sales after reporting worsening losses.

Shakeup at Troubled VinFast: Vietnamese Automaker Names New CEO, CFO

Shakeup at Troubled VinFast: Vietnamese Automaker Names New CEO, CFO

Since announcing plans to enter the U.S. market, Vietnamese automaker VinFast has faced a series of problems and responded with a series of management shakeups. The latest sees its CEO “transition” to a new job, while founder Pham Nhat Vuong takes over her post. The automaker also said Saturday that it has replaced its chief financial officer.