General Motors continues looking at its business with a critical eye, planning to cut back its spending on its robocab subsidiary Cruise. The company recently revealed plans to slow its cadence on electric vehicle introductions. The new cuts come after a Cruise robocab was involved in a collision with a pedestrian. Get details at Headlight.News.
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Rivian Opens Lease Option for EV Trucks
Rivian’s making it easier get into one of their EVs, kicking off its leasing program. The lease option for the R1T Adventure Package is priced at $6,794 at signing, plus $899 a month for 36 months with 30,000 total miles allowed. Read the story at Headlight.News.
“No Longer Competitive,” Volkswagen Brand Facing Job Cuts, $11 Billion in Cost Savings
The iconic Volkswagen brand is facing major problems that make it “no longer competitive,” the automaker told its staff on Monday, and that has triggered a 10 billion euro, or $10.9 billion, cost saving program that will include job cuts. More from Headlight.News.
Cheap Gas, Cruise’s Robocab Crash, Ford Cuts EV Spending Top the Headlight News Podcast
In this edition of Headlight News for the Week of 11-27-23, we cover cheap gas, the latest fallout from Cruise’s robocab crash, Ford’s EV spending cuts and more. We also review the 2024 Buick Envista and take a trip through This Week in Automotive History. Join us!
Vertical Takeoff and Landing Vehicles (VTOLs): The Next Frontier in Personal Mobility
Automotive expert Tim Jackson uses his three decades of industry experience to shed some light on the potential of flying cars, more specifically, Vertical Takeoff and Landing vehicles, or VTOLs. Check out what he believes is the future of transportation at Headlight.News.
Cruise Scales Back — Delays Debut of Origin Robocab
Cruise will slash the number of cities where it’s testing its autonomous vehicle technology in the wake of a serious crash last month. And it is delaying the launch of the driverless robocab it hoped to put on the road next year, the General Motors subsidiary announced. Headlight.News has the latest.
First Look: 2024 Porsche Panamera
Porsche just lifted the covers on its third-generation Panamera. And while it doesn’t break major ground from a design direction, there’s plenty to take note of. The 2024 Porsche Panamera delivers more power, upgraded infotainment technology, improved safety gear, and enhanced ride and handling. Headlight.News checks out the latest edition of the distinctive German luxury sedan.
$1.99 a Gallon? Gas Prices Break Rules, Tumble in Time for Thanksgiving Travel
Death and taxes aren’t the only things we can expect in life, at least not if you own a car. Yet, this year the oil industry is breaking its own cardinal rule and lowering gas prices just in time for a Thanksgiving holiday expected to bring record traffic. As Headlight.News reports, one chain will offer fuel for as low as $1.99 a gallon.
Ready for Thanksgiving Travel? Here’s How to Prep and When to Drive
Thanksgiving is always a busy time when it comes to travel, and the experts are warning that the numbers should hit a record this year. So, it helps to prepare yourself and your vehicle ahead of time. And Headlight.News can also tip you off on the best times to travel to avoid the rush. Headlight.News can help you travel safely.
Ford Slashing Investment, Hiring Plans for Michigan EV Battery Plant
Ford will cut its projected investment in a new EV battery plant in Marshall, Michigan by $1 billion while also cutting back on the number of workers it expects to hire, the automaker confirmed Tuesday. The plant will roll out barely half as many batteries as originally expected, reports Headlight.News.
A Quarter of Americans Want to Buy a New EV — Still
Electric vehicle sales have been on the rise for much of 2023, although they’ve leveled off in the past few months. A new study reveals that cool down mirrors that of Americans wanting to buy new EVs at about 25%, which is about the same as last year. Details at Headlight.News.
Headlight News for the Week of 11-20-23 – LA Auto Show – Hyundai Ties up with Amazon – This Week in Auto History
Headlight News for the Week of 11-20-23 – LA Auto Show – Hyundai Ties up with Amazon – This Week in Auto History