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Return of the Rotary: Mazda Green Lights the Iconic SP Sports Car

Return of the Rotary: Mazda Green Lights the Iconic SP Sports Car

A dozen years after killing off its last rotary-powered model, the RX-8, Mazda has given the go to the Iconic SP Sports Car which will bring back the Wankel engine back into production, President Katsuhiro Mogo and other officials have confirmed. Here’s what we know.

Nissan Gets New Activist Investor, Shares Jump on News

Nissan Gets New Activist Investor, Shares Jump on News

Days after announcing a major acceleration in its plans to cut costs — including eliminating 9,000 jobs — Nissan Motor is getting a bit of a boost. Courtesy of a regulatory filing, it was revealed Effissimo Capital Management took a 2.5% stake in late September. Find out what it means and why shareholders are excited at Headlight.News.

Cadillac Set to Discontinue XT4 Crossover, Making Room for New Chevy Bolt

Cadillac Set to Discontinue XT4 Crossover, Making Room for New Chevy Bolt

In a surprise move, Cadillac announced it will end production of the popular XT4 crossover in January. The move frees up space at General Motors’ Fairfax Assembly Plant to switch over to the next-generation Chevrolet Bolt. The EV will go on sale a year from now as GM’s cheapest battery-electric model.

These Are the Fastest-Charging EVs – and the Slowest

These Are the Fastest-Charging EVs – and the Slowest

There’s no question EVs offer a number of advantages, including low energy costs and the ability to plug in at home. But what about when you need to charge up on the road? The good news is that there are more public chargers being added every day. The downside: you might be in for a long wait when you plug in, depending on what EV you’re driving. Automakers are upgrading their battery vehicles to improve charging speeds and here’s a look at the models that will add miles the fastest – as well as the slowest.

Stellantis Announces Further Layoffs – as Job Cuts Sweep Across the Industry

Stellantis Announces Further Layoffs – as Job Cuts Sweep Across the Industry

Stellantis is cutting another 1,100 jobs, the latest furloughs impacting workers at the Toledo, Ohio plant producing Jeep products such as the Wrangler and Gladiator. The news comes at a time when other manufacturers, including Nissan and Audi, are paring back at a time of weakening sales.

Nissan Slashes 9K Jobs, Cuts Production 20% After Disastrous First Half of 2024

Nissan Slashes 9K Jobs, Cuts Production 20% After Disastrous First Half of 2024

Nissan Motor Co.’s struggles not only continued in the first half of fiscal year 2024, they worsened. The results forced the automaker to make dramatic moves to shore up losses, including slashing 9,000 jobs worldwide and cutting production by 20%. Find out more what happened at Headlight.News.