Analysts at Cox Automotive predict new vehicle sales will rise 6.5% in November. That increase is really less about people buying a lot of vehicles this month and more about poor results from last November. Find out more at Headlight.News.
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First Look: 2025 Chevrolet Tahoe and Suburban Get Major Makeovers
They’re the bread-and-butter product lines for General Motors. And the Chevrolet Tahoe and Suburban are getting major makeovers for 2025. The bestselling models in their respective segments roll out updated exterior and interior designs, new tech features, an upgraded diesel engine and enhancements meant to make it easier to tow trailers. Headlight.News checks out the 2025 Chevrolet Tahoe and Suburban.
EVs and Plug-Ins Suffer Serious Problems in Annual Consumer Reports Reliability Study
While automakers are beginning to get a handle on quality issues with EVs and plug-in hybrids they still suffer more problems than conventional gas models, according to the 2023 Consumer Reports Auto Reliability Study. On the flip side, conventional hybrids were among the most reliable products now on the market, owners reported. More from Headlight.News
GM Reinstates Full-Year Guidance for 2023, Buying Back Shares
Apparently the strike against General Motors by the UAW didn’t hit the company’s bottom line too badly. The Detroit-based automaker reinstated the full-year guidance it offer before the union’s walkout. Not only that, the company’s implementing a $10 billion accelerated share repurchase program. Get details at Headlight.News.
GM, Other Automakers Rethink EVs and May Shift Near-Term Emphasis to Hybrids, Plug-Ins
With EV sales growth slowing down, General Motors “is currently assessing” its massive investment in battery-electric vehicles. And, while it remains committed to CEO Mary Barra’s “path to an all-electric future,” it will shift more emphasis to the hybrids and plug-ins it was planning to abandon. And other automakers, including Ford and Stellantis, are likewise shifting direction. If anything, this validates Toyota’s strategy calling for a mix of EVs, hybrids and PHEVs, reports Headlight.News.
GM Cutting Spending on Cruise Robocab Unit
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.
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.