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Rivian Slashes 10% of Salaried Staff, Trims Production as EV Sales Growth Slows

Rivian Slashes 10% of Salaried Staff, Trims Production as EV Sales Growth Slows

Rivian announced it will slash both its corporate staff and production this year after reporting more than $1.5 billion in losses for the final three months of 2023. Even as it prepares to unveil an entirely new family of battery-electric vehicles, CEO RJ Scaringe warned the nascent automaker “is not immune” to the headwinds battering the U.S. EV market after four years of record growth. Separately, EV startup Lucid also forecast flattening sales after reporting worsening losses.

First Drive: 2025 Ram 1500: More Power, More Tech, More Money

First Drive: 2025 Ram 1500: More Power, More Tech, More Money

The full-size truck market is about to get more competitive as Ram rolls out a major update of the 1500 pickup. The 2025 package has plenty to offer, from two versions of the new Hurricane engine to the all-new premium Tungsten edition. There’s plenty of new technology, as well, including the new Hands-free Driving Assist system. But you can also expect to spend more money, Headlight.News headed to Texas Hill Country to get some time behind the wheel of the 2025 Ram 1500.

Cadillac Lyriq Regains $7,500 Federal Tax Credit — Gets Leg Up on Rivals

Cadillac Lyriq Regains $7,500 Federal Tax Credit — Gets Leg Up on Rivals

After revising its supply chain, Cadillac once again can offer $7,500 in federal tax credits to buyers of the Lyriq EV. The automaker briefly lost those incentives after the U.S. Treasury updated guidelines under the Inflation Reduction Act on January 1. The news means Caddy gets a critical advantage over a number of competing luxury EVs that have also lost their tax credits this year.

Ford Cuts Mach-E Pricing, Adds New F-150 Lightning Incentives

Ford Cuts Mach-E Pricing, Adds New F-150 Lightning Incentives

Hoping to perk up a slowing EV market, Ford Motor Co. has announced some lucrative financial deals for its two retail battery-electric models, the Mustang Mach-E and the F-150 Lightning. Price cuts on the electric crossover run as high as $8,100, while there’s as much as $12,500 in “bonus cash” on the battery pickup.

From “Ruin Porn” to High-Tech Hub: Ford Set to Reopen Long-Abandoned Michigan Central Station

From “Ruin Porn” to High-Tech Hub: Ford Set to Reopen Long-Abandoned Michigan Central Station

When it opened 110 years ago, the Michigan Central depot was the tallest train station in the world and a showpiece for a city at its peak. Since it shut down in 1988, however, it’s been a symbol of urban decay and the decline of Detroit, in particular. Now, after a...

GM Pushes Back Sale of Midsize Trucks Due to Software Issue

GM Pushes Back Sale of Midsize Trucks Due to Software Issue

General Motors put a halt to the sale and delivery of its 2024 Chevrolet Colorado and GMC Canyon midsize pickups after a software glitch was discovered. The company is fixing the problem and expects to lift the hold soon. It’s the second major software problem to halt a high-profile vehicle. The stop sale hasn’t yet been lifted on the Chevy Blazer EV. Get details at Headlight.News.

Lincoln Debuts Updated Digital Scent Collection Feature with Seven Options

Lincoln Debuts Updated Digital Scent Collection Feature with Seven Options

Ford’s luxury marque Lincoln is looking to gain a bigger foothold in the segment. Already praised in recent years for its stellar interior designs, the brand is looking to leverage the entire driving experience to attract and keep buyers. Look and feel have been addressed, now with its new Digital Scent Collection, it’s hoping to use smell to create a strong bond between owners and their luxury utes. Get details at Headlight.News.

A Week With: 2024 Mitsubishi Outlander PHEV

A Week With: 2024 Mitsubishi Outlander PHEV

If the Mitsubishi Outlander was just another plug-in hybrid SUV, that would be good enough to make this vehicle a strong contender. It’s got enough battery to cover 38 miles of electric driving on a charge. But the Outlander PHEV is much more than just another hybrid – it’s an effective all-weather driving machine with a sophisticated all-wheel drive system and a luxury interior. Read the whole review at Headlight.News.