The last two automakers reporting new vehicle sales results for February, Ford and Volvo, kept up the trend if big returns. Ford sales were up 10.5% while Volvo jumped 38%. Find out more about what the big sellers were at Headlight.News.
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“High Likelihood” Nissan Will Invest $400 Million in Alliance with Fisker
Struggling Fisker Inc. could get tossed a lifeline by Japan’s second-largest automaker. In turn, Nissan could gain some much-needed momentum as it struggles to catch up to key competitors in the EV market, according to a new report. A deep source, meanwhile, tells Headlight.News “there is a high likelihood” the alliance could come together in the coming month.
Ford Racing F-150 Lightning Demonstrator at Pikes Peak
Ford is heading to Colorado to summit Pikes Peak with an F-150 Lightning EV demonstrator in June. It’s the second straight year the automaker’s charged up the mountain with an EV, doing so last year in its electric SuperVan. More and more battery-electrics are heading to the top. Find out more at Headlight.News.
Sales of Hybrids Help Automakers Boost February Deliveries
With a boost from sales of hybrids leading the way, Asian automakers posted steady increases in sales during February as Honda, Toyota, Kia and Subaru all reported gains during what is often a difficult month for selling cars. Get details at Headlight.News.
Fisker’s Future Potentially In Jepoardy After Company Misses Q4 Production & Sales Targets
Tesla rival Fisker misses Q4 production and sales targets as the company also struggles to maintain cash reserves to survive through the remainder of 2024. The company still optimistic that it can achieve future growth through future investments. Check out the story at Headlight.News.
Used Tesla Cybertruck Sells for $244,000
It’s anyone’s guess how well the Tesla Cybertruck will do long-term. Even CEO Elon Musk has sent mixed signals about the stainless steel-bodied electric pickup. But, with production ramping up a painfully slow rate, it appears that some of those who truly want the EV will pay a substantial premium to get one – even a used one, with a brief auction resulting in one customer shelling out more than double the sticker price.
All-New Fiat 500e Jumps into Crowded Market with Style
Fiat recently reintroduced the cute-as-a-button 500e. The new model is ready for a second run in the U.S. and may be the jumping off point for a larger return of the brand to the minds of consumers. Headlight.News took a closer look at the newest EV coming to the market.
Ford EV Owners Now Can Start Using Tesla Superchargers
It’s official. Starting on Leap Day owners of Ford EVs will be able to plug into any of more than 15,000 Tesla Superchargers. That roughly doubles the number of public chargers that they previously had access to. With “charger anxiety” seen as one of the biggest obstacles to widespread EV adoption, Ford is hoping this will help up boost demand for its all-electric products. To make it even easier, Ford will begin shipping free Tesla adapters to its owners starting late next month.
President Biden Orders Probe of Foreign Connected Vehicles
Citing Chinese automobiles and trucks with internet connectivity as a possible national security threat, President Biden directed the Commerce Department to launch an inquiry into foreign software in automobiles. Get details at Headlight.News.
Dealerships Remain Critical to Buying Experience Despite Predictions of Disappearance
In the wake of the COVID pandemic, many predicted the demise of auto dealerships. Study after study “revealed” more and more buyers were comfortable conducting most of their purchases online, especially younger buyers. Now with things nearly back to normal, it seems the reports of their demise was an exaggeration. Find out more at Headlight.News.
EVs Are Getting Better but Public Charging is Getting Worse
While the rate of growth may be slowing, EV sales hit a record 1 million last year as more and more Americans find them to be acceptable alternatives to conventional, gas-powered vehicles. But “charging anxiety” has become one of the key factors slowing EV growth, according to industry analysts. And a new J.D. Power study concludes that “Public charging isn’t just bad, it’s getting worse.” That said, most owners are ready to buy another EV when it’s time to trade in, especially those with the top-ranked BMW i4.
Aston Martin is the Latest to Delay its EV Plans
Aston Martin is following the lead of manufacturers including Ford, General Motors and Volkswagen, responding to slowing growth in the EV market by delaying the launch of its first all-electric model by at least a year. Find out more at Headlight.News.