The auto industry’s been expecting a big sales month at some point this summer in the wake of the CDK outage that cut into new vehicle sales in mid-June. Some thought it would come in July, but inventory levels we’re quite settled. But now it appears everything’s in place for a 7% year-over-year increase. Find out more at Headlight.News.
With the high cost of today’s new vehicles it’s likely no surprise that more buyers have turned to previously owned models. That doesn’t mean you have to sacrifice comfort, safety or fuel economy. But if you’re looking for something used you should consider which models are most reliable. And, according to a new study, Lexus and Toyota top the chart. Which other brands should you consider – or avoid? And what are the most reliable models? More from Headlight.News.
EV maker Fisker secured a deal with creditors to liquidate its assets while providing ongoing assistance to the owners of the vehicles it has already produced. Find out more at Headlight.News.
It’s often said you can never have too much of a good thing; however, J.D. Power’s 2024 U.S. Tech Experience Index Study reveals that’s just not true. Drivers want certain types of advanced tech and little more. Find out what they want and why at Headlight.News.
The National Highway Traffic Safety Administration agreed to end its probe of General Motors’ Cruise subsidiary’s robotaxis after it agreed to recall 1,200 of the vehicles. Go to Headlight.News for a closer look and details.
It’s been the subject of speculation for weeks, “knowledgeable sources” chattering amongst themselves about the possibility China’s BYD is in talks with Stellantis as it looks for a way to crack into the U.S. market. The two makers have firmly dismissed the rumors. But there seems little doubt Chinese automakers want to target the world’s second-largest automotive market and are sniffing around the North American auto industry looking for a way to break in.
With North American sales and earnings on the slide, Stellantis faces a number of challenges that have already led to some major changes in upper management and layoffs on the factory floor. And CEO Carlos Tavares is under mounting pressure to find a fix, reports Headlight.News.
Ford officials revealed the company’s plan to adjust the production timing of its future electric vehicles as well as other future product changes. The moves are designed to improve the company’s profitability while ensuring it hits its long-term environmental goals. Find out more at Headlight.News.
The $7,500 federal tax credit for buyers of battery-electric vehicles could be dropped if Donald Trump returns to the White House next January, the presidential candidate said in an interview. At the same time, Trump said he’s open to finding a role for Tesla CEO Elon Musk, possibly even making him a member of his cabinet.
UAW President Shawn Fain used a prime-time speech during the opening of the Democratic National Convention to warn of a possible strike against Stellantis. Speaking out against what he described as “corporate greed,” Fain accused the Euro-American automaker of reneging on investments promised as part of a settlement union and management reached during contract talks last autumn.
With the launch of the Type S, Acura gave a big boost in performance to the revived Integra sport sedan. But the automaker is now hinting that it could take things to a new level with the HRC Prototype it rolled out during Monterey Car Week. Here’s what we’ve learned about it.
General Motors is cutting over 1,000 salaried software and service employees, despite the automaker’s increasing focus on opportunities to expand revenues through the use of connected and autonomous vehicle technologies. The company said the move will help it “prioritize investments.”