Stellantis faces challenges and has lost ground in the U.S. CEO Carlos Tavares acknowledged during Thursday’s “Investors Day” conference, putting some of the blame on his own shoulders. But the carmaker’s flexible strategy and new products offer hope for the future and protect the company’s profitability, he promised analysts and shareholders.
A new study revealed 60% of Americans were in favor of technology alerting them when they were speeding, and about half were in favor of more proactive technologies to slow them down. These findings come weeks after California asks automakers to install speed limiters in vehicles. Headlight.News has the story.
The average transaction price for a new car, truck or SUV in May dropped slightly from April. The ATP dropped in the first three months of 2024, before jumping 2.2% in April. However, incentives are on the rise, which is driving what buyers are paying down. Get the details at Headlight.News.
A little-known Japanese hypercar company has set a new world record for fastest EV, its Aspark SP600 topping 270 mph during a run down a special track in Germany. It handily topped the prior record set by the Rimac Nevera.
Volvo is recalling nearly 72,000 EX30 SUVs because of a software problem that can glitch the EV’s speedometer. It’s the second software problem that has plagued the new battery-electric vehicle. But motorists may not even know there’s a problem unless they read the mandatory recall notice sent under federal guidelines.
Not counting the country’s armed forces, the most patriotic brands in the U.S. are Jeep and Ford, according to a new survey. It’s the second year in a row that Jeep finished at the top while Ford moved from No. 3 up to No. 2 this year. Find out more at Headlight.News.
In years past, Donald Trump has declared he is “all for” EVs, but you’d have a hard time believing it based on the claims made during a weekend campaign rally. Declaring battery power a “hoax,” the presumptive GOP nominee for president insisted there are “no chargers,” and that EVs are so heavy they’d destroy every bridge in the country. He also warned during a stop in Las Vegas that electric boats can’t float, among other problems.
Kia recalled more than 462,000 Telluride SUVs from the 2020-2024 model years. As part of the action, the South Korean automaker issued a “park outside” order due to the potential for fire. Get details at Headlight.News.
Jeep prepares to clean house on its assortment of trim levels as the brand prepares to jump start its plans for electrification.
Automakers continue growing a previously tight inventory of new vehicles. Having these vehicles on dealer lots gives consumers more choices — choices that turn into purchases eventually. New vehicle movement hit 1.2 million vehicles in May, which is a good sign. However, which automaker is building inventory, and which is selling vehicles is the key differentiator. Get details at Headlight.News.
The growth of the U.S. EV market may be slowing for the auto industry overall, General Motors sales were charged up, according to CEO Mary Barra, who said the automaker had its “best month ever” in May. But the automaker is still ready to adjust its electrification plans.
It didn’t take long for the old depot to fall into ruin after the last Amtrak train departed on January 6, 1988, becoming the iconic symbol of Detroit’s decline. But later today, a sold-out ceremony will mark its rebirth as part of a nearly $1 billion project launched by Ford Motor Co. Michigan Central Station has become the centerpiece of a new campus focused on the development of advanced automotive technologies.