Honda reported its first loss in seven decades, largely due to major cuts in its EV program. But the automaker plans a major ramp-up of its hybrid line-up, its CEO revealed. Mazda is following a similar strategy, albeit on a smaller scale, as Headlight.News reports.
The new Lexus TZ draws power from a pair of electric motors and a 96 kWh battery pack. But slip behind the wheel and you might think there’s a V-10 under the hood. The new crossover is the latest EV to let motorists fire up the sounds of a high-performance internal combustion engine. More from Headlight.News.
While most automakers are cutting back on their EV plans, Toyota Motor Co. is ramping up. And it’s taken the covers off the latest addition, the Lexus TZ set to become the luxury brand’s third all-electric model. Headlight.News has more.
Ford will soon launch what it bills as a revolutionary, low-cost, long-range EVs. We get a 1st inside look at the Universal EV project.
Hybrid sales set a record in April, accounting for about one in seven new vehicles sold by U.S. dealers – in the process helping prop up an otherwise weakening overall market. By year-end that could reach one in five, and it’s not just fuel prices driving the surge in hybrid demand. Headlight.News has more.
Buyers looking for a new European vehicle could soon see prices go up by thousands of dollars, Pres. Donald Trump hiking tariffs to 25% after accusing the EU of “not complying with our fully agreed to Trade Deal.” More from Headlight.News.
Detroit’s Big Three automakers are in for windfall refunds from the federal government – a combined $2.3 billion coming back now that a key portion of the Trump tariff regime was ruled illegal by the U.S. Supreme Court. But buyers may not see a penny of that, reports Headlight.News.
If you’re like most drivers, you probably pay scant attention to speed limit signs. While some authorities react by adding radar traps, a rural Wisconsin community is trying another approach with a sign that adds a decimal point. But it’s not the first to try this unusual approach, reports Headlight.News.
At a time when the typical buyer now spending around $50,000 to drive off the dealer lot, millions of American motorists are being forced out of the new vehicle market. Budget buyers could soon find their choices even more limited, however, depending upon negotiations to update the U.S. -Mexico-Canada Agreement. How that shakes out may lead a number of U.S. and foreign-owned automakers to drop their most affordable models.
Struggling to deal with the surge in gas prices since the Iran War began? A senior oil industry executive has a two-word suggestion: “drive less.” Headlight.News has more.
At a time when gas prices are hovering at near-record levels it helps to save every penny. And that’s what a new AI-powered tool is designed to do. Headlight.News has more on The Gas Index.
BMW is pulling the plug on the iX battery-electric crossover in the U.S. market, the latest manufacturer to rejig its EV line-up to reflect declining sales. At the same time, however, the Bavarian automaker is getting ready to bring out three more EVs, part of a wave of new products set to launch this year. More from Headlight.News.