What was initially expected to be an uncharacteristically slow December has been turbocharged with discounts by automakers. Find out what kind of impact they’re having at Headlight.News.
Business
Hyundai’s Ioniq 2 Could Be the Low-Cost EV the Market Needs
The EV share of the U.S. new car market has grown over 800% since 2019 – but it’s flattened out in recent months and industry analysts say the high cost of today’s all-electric models is a major problem as EVs go from niche to mainstream. Hyundai hopes to address that problem, a senior exec has hinted, with a new entry model likely to be dubbed the Hyundai Ioniq 2. More from Headlight.News.
Update: Honda Fuel Pump Recall Expands to 4.5M Vehicles Globally
Japanese automaker Honda’s recall of potentially faulty fuel pumps grows to nearly double. The problem has been ongoing as the company’s issued previous recalls for the same issue in 2020 and 2021. Find out more at Headlight.News.
EVs Help Blunt Impact of Jumps in Oil Prices
Oil prices declined for months, taking gas prices down with them. However, that’s turn in recent weeks, but the price of gas continues to fall. Discover the role electric vehicles are playing in the fossil fuel trends at Headlight.News.
U.S. Sets New Fuel Economy Record – But Detroit Makers Lag Imports
The U.S. auto industry set a new fuel economy record in 2022, according to the EPA – though Detroit’s Big Three automakers lagged both foreign-owned brands and domestic start-ups. It marked the biggest improvement in mileage in nine years. More from Headlight.News .
Nearly Half of Buick Dealers Take GM Buyout Rather than Invest in EVs
Nearly half of all Buick dealers are taking buyouts from General Motors. Many Cadillac dealers accepted similar buyouts previously, and it reflects dealer concerns about the cost of converting their showrooms and service departments to handle battery-electric vehicles. GM plans to go 100% EV by 2035, though the automaker is adjusting the pace of that transition as EV sales growth slows.
Rising Incentives, Lower Prices – Vehicle Buyers Have Reason to Celebrate
After three years of rising prices and a lack of traditional sales incentives, new vehicle buyers have good reason to celebrate this holiday season. Sticker prices are stabilizing and, in some cases, are even falling. Meanwhile, incentives are back in a big way, and are expected to continue rising in the months to come, reports Headlight.News.
Automakers Battling NHTSA to Halt Another Massive Airbag Recall
Airbags have saved so many lives during the past two decades, but they’ve also been the cause of the largest single automotive recall in history. Automakers are currently fighting an effort by federal safety regulators recall 52 million airbag inflators. It would be the second-largest recall. Get details at Headlight.News.
Canada Banning Combustion Engine Sales by 2035
Canada is the latest country planning to require automakers to sell 100% zero-emissions vehicles by 2035, though that could include hydrogen fuel-cell vehicles, as well as EVs. Two Canadian provinces previously laid out the same target — as have a number of other countries, including the United Kingdom. More from Headlight.News.
2024 Volvo XC90 T8 Recharge Ultimate Makes Waves in Midsize Segment
One of the nicest looking midsize SUVs you’ll find, the second-generation 2024 Volvo XC90 is an excellent of example of good looks and top-line technology. Check out the review at Headlight.News.
Nikola Founder Milton Gets 4-Year Jail Sentence for Fraud
It all began with a simple report and ended in a four-year prison term. Nikola founder Trevor Milton was sentenced Monday after being found guilty of lying to the company’s investors after he made claims about the company’s technology that were untrue. Find out more at Headlight.News.
End of the Line: Chevy Builds its Last Camaro – for Now
Chevy performance fans might be weeping a bit this week. The last Camaro coupe has rolled off the assembly line, less than a month after the final convertible version. But could there be a resurrection in store? More from Headlight.News.