Tesla CEO Elon Musk has bandied about plans for a $25,000 electric vehicle for a few years now. However, that vehicle — dubbed the Model 2 by some — appeared to be pushed to the wayside as the EV maker focused on bringing the Cybertruck to the market. However, there are reports the “cheap” EV is front and center again. Get details at Headlight.News.
The 2024 Volvo EX30 is one of the most critical new entries from the Swedish automaker in decades. It’s the first designed to be exclusively battery powered, anchoring Volvo’s ongoing shift to all-electric propulsion. Small on the outside, EX30 is surprisingly roomy inside and provides plenty of features and performance at a reasonable price tag — as Headlight.News discovered during several days of driving in Barcelona, Spain.
It looks a bit like a Dodge, but there’s something more … something European. The 2024 Dodge Hornet R/T Plus doesn’t burn rubber like so many of its siblings, but it’s certainly what fans of the brand can expect for future. Check out the review at Headlight.News.
Proponents claim hydrogen is even better than batteries as a way to the shift away from fossil fuels. The problem is how to produce “green” hydrogen that doesn’t create its own environmental issues. A pair of scientists may have found the answer — ironically, while they were searching for fossil fuels. Headlight.News has more.
When UAW President Shawn Fain said the union was looking not only to win back what the union lost nearly two decades ago and to get more, but also to revive the labor movement in the country, he didn’t know how quickly that would come to his own industry, reports Headlight.News.
While Ford, General Motors and other makers are scaling back on their EV and battery production plans, Toyota revealed Tuesday it’s doing just the opposite by investing an additional $8 billion into its Toyota Battery Manufacturing North Carolina facility. Get the details at Headlight.News.
And then there were none. Less than 24 hours after the UAW went on strike at General Motors plant in Spring Hill, Tennessee the two sides got a deal done. Details are sparse, but it’s safe to assume there’s a 25% raise in the deal. Find out more at Headlight.News.
Ford is rethinking its commitment to battery-electric vehicles, at least in the near term, company officials revealed during an earnings call. It might seem a logical move considering the automaker lost about $37,000 on every EV it sold during the third quarter. But Ford is by no means the only automaker rethinking its commitment as growth in the electric vehicle market slows. Read the story at Headlight.News.
Ford turned around its Q3 earnings this year, finishing in the black compared to year-ago results; however, the newly minted tentative agreement with the UAW is tempering the any enthusiasm about the results. Headlight.News has details.
Less than a day after reaching a deal with the UAW on a new 4.5-year contract, Ford reported a $1.2 billion net profit on revenue of $43.8 billion. The results are significantly better than the year ago period, when the automaker reported a loss. Find out more at Headlight.News.
Ending a nearly six-week walkout, Ford reached a tentative settlement with the United Auto Workers union providing it a 25% raise — its best deal in more than two decades. Now, the UAW has to wrap up talks with General Motors and Stellantis, but there are potential sticking points that could drag things out, reports Headlight.News.
The United Auto Workers Union reached a tentative settlement with Ford Motor Co. Wednesday evening, nudging the automaker to accept a wage hike averaging 25% over the course of 4.5 years for its UAW workers. The union also agreed to order an immediate end to the walkout though it will take weeks before all is back to normal, Headlight.News reports.