Hyundai Motor Group plans to invest $21 billion for a variety of U.S.-based projects, including steel production and the expansion of its U.S. automotive production to 1.2 million vehicles annually. That more than doubles what the South Korean has invested since entering the U.S. market in 1986. More from Headlight.News.
The accounting of Tesla’s capital spending and assets, particularly what appears to be a missing $1.4 billion, are prompting new questions about spending by the company and its uber-wealthy CEO Elon Musk.
As protests at many Tesla showrooms become a daily occurrence and those who own the automaker’s products find themselves routinely given thumbs-down or an extended middle finger, more and more are trading in, according to new data. But they’re finding residual values for used Teslas have come crashing down. That’s something competitors such as Lucid and Polestar hope to take advantage of, as Headlight.News reports.
This is a busy year for Cadillac as it accelerates its push into the battery-electric market. In the coming weeks, the domestic luxury brand will bookmark its line-up with the Escalade EV at the high end and for those looking for something more affordable that still offers plenty of luxury features, there’s the new Cadillac Optiq. Headlight.News spent a couple days in San Francisco checking out Caddy’s new entry EV and here’s our review.
It’s hard to find anything “analogous” in automotive history to the ongoing crisis at Tesla, JP Morgan warned, as the automaker’s global sales collapse, its stock price further tumbles and CEO Elon Musk’s once hero image goes up in flames. There are few signs Pres. Donald Trump’s enthusiastic endorsement of the brand last week will generate sales. If anything, Tesla itself now warns, the company could get caught up in Trump’s trade war.
Tesla stock wracked up its sixth straight loss on Thursday, reaching its lowest point since the automaker’s shares surged in the wake of the 2024 presidential election and CEO Elon Musk’s close ties to Donald Trump. Musk’s role in the new Trump administration has been a key factor in the downturn, but analysts warn of other issues that could make it difficult for Tesla to bounce back.
A recent survey by AAA reveals that although faith in autonomous vehicle technology is on the rise, most American drivers would prefer to see more advancements in safety technology than having self-driving vehicles on the roads. Find out more at Headlight.News.
Stellantis is late to the hands-free party but plans to arrive with a bang. It’s newly introduced AutoDrive system is designed to allow the driver to take their hands and eyes off the road in low-speed situations. However, officials aren’t making the system available right now. Get the details at Headlight.News.
Automakers are using new forward-collision avoidance technology to great effect, a new study reveals, with 22 of 30 vehicles tested earning kudos from the Insurance Institute for Highway Safety. But a number of products from Detroit manufacturers fell short, reports Headlight.News.
Lexus adds a new hybrid to its line-up with the launch of the 2025 LX 700h. It boosts mileage, of course, but delivers more muscle, as well. The new SUV flagship takes things to new levels of luxury while also introducing a beefier new off-road package. But expect to...
The car in front of you slams on the brakes. But you’re busy adjusting your vehicle’s climate settings and don’t notice. Luckily, your SUV is equipped with automatic emergency braking. It flashes a warning on the windshield, blares an alert and then slams on the brakes without your assistance, preventing a crash. A new study finds that vehicles with AEB technology are 49% less likely to be involved in front-to-rear crashes. Yet, a trade group representing a broad list of automakers has sued the federal government over rules that would make sure the technology is a standard feature by 2029.
Not long after General Motors revealed it was getting of its autonomous driving subsidiary, Cruise, Waymo is expanding the number of its testing cities and Tesla CEO Elon Musk made the technology part of his rosy forecast for 2025. Will self-driving cars make it or not? Get details at Headlight.News.