Ford Motor Co. reported an impressive 13.4% jump in sales last month. Like many automakers, the company’s sales efforts this summer were throttled by the cyberattack on dealer management software and other factors. However, the company made up for lost time in August. Get details at Headlight.News.
As the growth of EV sales has slowed in recent months, automakers have begun looking at electrified alternatives, many betting that plug-in hybrids will become a “bridge” technology for motorists not quite ready to commit to an EV. But if you think battery-electric vehicles are expensive you may be shocked by what the typical PHEV costs – an average of more than $60,000. Then again, there are a few surprisingly affordable one.
Solid sales gains in August point to a robust finish for the year as fear of a recessions in the auto business recede, interest rate cut looms on the horizon, and buyers take a closer look at hybrids and newer EVs. Sales of new cars and trucks continued to gain...
Swedish-based Volvo Cars became the latest automaker to take a hard look at its commitment to become an all-electric vehicle maker and decide it couldn’t do it. Find out why and what it is going to do to at Headlight.News.
More than two years after Volkswagen AG revealed it was taking over the long-defunct Scout, the reborn off-road brand is set to reveal its first two all-electric products. And these teaser images give us a sense of what’s coming on October 24.
They’ll build it. They’ll build it not. The fate of the retro-futuristic Hyundai N Vision 74 concept has been a source of constant debate since it was first unveiled in July 2022. The automaker subsequently insisted the show car was never going to see the light of day. Now, however, it’s starting to look like a production version really is in the works, at least based on what came out during the automaker’s latest Investor Day event.
The day that Tesla CEO Elon Musk has talked about for years is about to arrive. Tesla’s reportedly set to debut its first purpose-built robotaxi in California next month. It arrives at a tenuous time for self-driving vehicles. Get more detail at Headlight.News.
Since the formation of Stellantis a few years ago, speculation about what will happen with the low-selling, but still-iconic Chrysler brand has run rampant. Officials, led by CEO Carlos Tavares, assured there were plans for Chrysler. However, time has passed with just one product left, the Chrysler Pacifica minivan, and now someone wants to resurrect the brand: Walter P. Chrysler’s great-grandson. Find out more at Headlight.News.
Ford Motor Co. will pare back its diversity efforts, joining companies like Lowe’s, John Deere and Beam Suntory, the producers of Jim Beam liquor who have entirely abandoned so-called DEI programs. Ford’s move was hailed by conservatives, but denounced as “shortsighted” by human rights advocates. For his part, CEO Jim Farley said the automaker will still work to creative an “inclusive workplace.”
For the first time in several years, the number of people buying a new vehicle remained loyal to the brand of car, truck or SUV they were getting out of. According to S&P Global Mobility, the first half registration data showed 52.5% of buyers remained loyal — a 1.9% increase on a year-over-year basis. Find out more at Headlight.News.
South Korean automotive behemoth Hyundai Motor expects to sell 5.5 million vehicles globally by the end of the decade, including 2 million EVs and 1.8 million hybrids. The global number represents a 30% jump over last year’s numbers. Find out more at Headlight.News.
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.