The EPA announced strict new emissions standards meant to slash CO2 emissions from the nation’s heavy truck and bus fleet – among the country’s largest source of global warming gases. But the regulations could face a fight, both in Congress and the courts.
Tesla made good on previously announced plans to raise prices on its bestselling Model Y by $1,000 in the U.S. The move was revealed a few weeks ago, and now it’s been put in place. The price increase comes as new study suggests CEO Elon Musk is putting off potential buyers. Get details at Headlight.News.
Headlight News for the Week of 4-1-24: NY Auto Show Debuts – World Car of the Year – Mercedes-AMG GLB 35 Review – and This Week in Automotive History.
Slowing sales of its F-150 Lightning all-electric pickup has Ford cutting workers at the Detroit-area plant that builds the trucks. EV sales are on the rise, but that hasn’t translated to the lofty predictions made by the automaker. Find out more at Headlight.News.
Nascent EV maker Fisker’s battle to stay solvent now has the company adopting a new strategy: low-cost EV maker. The company slashed prices across its lineup by as much as 39%, including a low sticker of just under $25K. Get the details at Headlight.News.
South Korean automaker Hyundai gives its Tucson sport-utility a major overhaul for 2025 model year. Immediately noticeable is redesigned front fascia, but the bigger change comes inside the cabin, which completely different than its predecessor. Headlight.News was at the debut in NYC and has the details.
After growing nearly 800% between 2019 and early 2023, the growth in EV sales has begun to slow in recent months. But despite some reports, U.S. demand is expected to still grow from 1.2 million to 1.5 million in 2024. While some automakers, such as Ford, Volkswagen and General Motors are pulling back on their commitments to electrify, at least one major executive, Hyundai’s Jose Munoz, says he is “doubling down” on EVs. Find out why at Headlight.News.
Genesis intends to put more emotion into its brand, as it set out to prove during a Monday evening news event ahead of the New York International Auto Show. The Korean luxury brand confirmed plans to launch an all-new line-up of performance models starting with the GV60 Magma, a version of its compact all-electric SUV. Separately, Genesis also unveiled the Neolun Concept, an all but ready-for-production SUV flagship.
Japanese automaker Nissan plans to introduce 30 new vehicles, including seven in the U.S. and Canada as it seeks to bridge the gap between its current organizational plans. It’s dubbed the new plan, The Arc. Get the details at Headlight.News.
Talks between Fisker and Nissan have collapsed, the troubled EV start-up reported. And with its shares plunging on the news, trading was halted on the Nasdaq exchange as the likelihood of a bankruptcy filing grow larger.
It’s already announced plans to bring the long-dormant Scout brand back to life. Now, Volkswagen will introduce its European-based Cupra, to the U.S. market, the performance division’s CEO says. It will debut later this decade with two all-electric utility vehicles.
The run on strong new vehicle sales should continue in March, according to a forecast from J.D. Power and GlobalData. New vehicle sales are expected to jump 12.1% for March and 4.5% for the first quarter. Get details at Headlight.News.