EV maker Tesla reported its overall revenue increased slightly in the second quarter, but it wasn’t because of its automotive operations, which fell 7%. The company reported net income and adjusted earnings were down year-over-year as well. Get the details at Headlight.News.
General Motors officials offered good news with the company’s second quarter earnings report, with revenue and profits up for the quarter as well as the first half of the year. In fact, the results were good enough for the company to revise its full-year earnings expectations upward. Find out more at Headlight.News.
Not long after it was founded, Cadillac adopted the slogan, “Standard of the World.” Many decades late, the luxury marque appears to be looking to be that once again. The brand’s latest effort, the Sollei Concept, reflects the company’s commitment to being the best of the best. Get the full story at Headlight.News.
Americans continue to pay near-record prices for new vehicles and they’re financing the purchases at near-record interest rates. The result? Vehicle repossessions rose 23% in the first half of the year. Find out more at Headlight.News.
Your next new car is likely to be loaded with all sorts of digital technology – and the software to run it. And that means it may know “a lot about you.” And how that information is used has raised growing privacy concerns. That’s why the U.S. Commerce Dept. may impose restrictions on the use of software coming from China.
The popularity of pickups remains unquestioned, and after a week in the 2024 Ford Ranger Lariat with the FX4 off-road package, it quickly becomes apparent why — they’re do-it-all vehicles. Find out more in our review at Headlight.News.
Anyone who bought a new car, truck or SUV last month likely paid a little more than they would have in May. Multiple factors are working in concert to keep prices higher than consumers would like. Get the story at Headlight.News.
Vietnamese EV start-up VinFast announced a “prudent,” 3-year delay in the opening of its first U.S. assembly plant. It’s the latest in a series of setbacks for the automaker which suffered a wave of harsh reviews for its initial offering, the VF 8 crossover.
Many EV makers want to see just how far they can get their vehicles to travel on a single charge or how fast it can recharge using a fast DC charger, but Lucid’s improved its industry-leading efficiency to a new high. Find out more at Headlight.News.
New EV buyers face an immediate dilemma once they make the choice to go all-electric: how will I charge my new vehicle? Stellantis is making it easier with a few options, including a new free home charging setup. Check it out at Headlight.News.
Looking to build momentum for its latest – and now, all-electric – 500e, Fiat launches a special edition named for fashion legend Giorgio Armani. And it hints that it may bring a second new model to the U.S.: the Grande Panda crossover which debuted last month in both hybrid and all-electric form.
Will it or won’t it? That’s the big question in the racing world this week as Toyota reportedly prepares to announce plans to reenter Formula 1 racing. It would mark a return after a failed effort ended 15 years ago. But Toyota is said to be partnering up this time, likely with the American F1 Haas team.