It was supposed to provide a high-speed alternative to air travel, but Elon Musk is quietly shutting down his once-promising hyperloop company at the end of this year. Its assets are being sold off to a Dubai-based shipping company, though it’s far from clear that will ever bring the maglev system into real-world operation. Get details at Headlight.News.
What was initially expected to be an uncharacteristically slow December has been turbocharged with discounts by automakers. Find out what kind of impact they’re having at Headlight.News.
The EV share of the U.S. new car market has grown over 800% since 2019 – but it’s flattened out in recent months and industry analysts say the high cost of today’s all-electric models is a major problem as EVs go from niche to mainstream. Hyundai hopes to address that problem, a senior exec has hinted, with a new entry model likely to be dubbed the Hyundai Ioniq 2. More from Headlight.News.
Japanese automaker Honda’s recall of potentially faulty fuel pumps grows to nearly double. The problem has been ongoing as the company’s issued previous recalls for the same issue in 2020 and 2021. Find out more at Headlight.News.
Oil prices declined for months, taking gas prices down with them. However, that’s turn in recent weeks, but the price of gas continues to fall. Discover the role electric vehicles are playing in the fossil fuel trends at Headlight.News.
The U.S. auto industry set a new fuel economy record in 2022, according to the EPA – though Detroit’s Big Three automakers lagged both foreign-owned brands and domestic start-ups. It marked the biggest improvement in mileage in nine years. More from Headlight.News .
Nearly half of all Buick dealers are taking buyouts from General Motors. Many Cadillac dealers accepted similar buyouts previously, and it reflects dealer concerns about the cost of converting their showrooms and service departments to handle battery-electric vehicles. GM plans to go 100% EV by 2035, though the automaker is adjusting the pace of that transition as EV sales growth slows.
American Honda issued a recall Thursday involving more than 2.6 million Acura and Honda automobiles built in the U.S. between 2017 and 2020. Get more details at Headlight.News.
After three years of rising prices and a lack of traditional sales incentives, new vehicle buyers have good reason to celebrate this holiday season. Sticker prices are stabilizing and, in some cases, are even falling. Meanwhile, incentives are back in a big way, and are expected to continue rising in the months to come, reports Headlight.News.
Airbags have saved so many lives during the past two decades, but they’ve also been the cause of the largest single automotive recall in history. Automakers are currently fighting an effort by federal safety regulators recall 52 million airbag inflators. It would be the second-largest recall. Get details at Headlight.News.
Ford’s F-150 is a plenty capable vehicle but for those who want a truck that can add sports car level-power and awe-inspiring off-road capabilities, there’s the F-150 Raptor R. And for 2024, the full-size beast cranks things up to a new level, punching out 720 horsepower and 640 pound-feet of torque. More from Headlight.News.
Canada is the latest country planning to require automakers to sell 100% zero-emissions vehicles by 2035, though that could include hydrogen fuel-cell vehicles, as well as EVs. Two Canadian provinces previously laid out the same target — as have a number of other countries, including the United Kingdom. More from Headlight.News.