If you’ve been in the market for a new vehicle recently you’re well aware of how prices have skyrocketed, average transaction prices — what shoppers actually paid before driving off the dealer lot — reaching an all-time high of more $48,500 last December. But have prices finally started settling back? Might consumers finally find some bargains? Headlight.News parses the numbers.
Today’s lithium-ion batteries offer significant improvements over earlier technology, but Toyota is making a big bet on the next-gen solid-state batteries expected to dramatically improve range, lower cost, speed up charging times — and which it says it hopes to begin mass-producing as early as 2027. Get the story at Headlight.News.
Infiniti dropped a teaser on Thursday for the Vision QE Concept set to debut later this month at the Japan Mobility Show in Tokyo. It’s saying little about the concept other than confirming it previews the brand’s first — long-awaited and repeatedly delayed — battery-electric vehicle.
UAW President Shawn Fain broke his pattern of announcing expansions of the union’s stand-up strikes on Fridays when he sent workers at Ford’s Kentucky Truck Plant to the picket lines Wednesday after Ford’s latest offer wasn’t significantly better from its previous ones. Find out more at Headlight.News.
South Korean automaker Kia’s been one of the leaders in the EV segment, and it kept up the pace Thursday with the introduction of its newest electric vehicle, the EV5 SUV as well as showing off the Concept EV3 and Concept EV4. What’s coming to the U.S. and when? Find out at Headlight.News.
The end of an era arrives at Jaguar with the 2024 F-Type ZP Edition. The limited-edition model will be the last new Jag sports car powered by an internal combustion engine. The company plans to produce just 150 of them, so move fast, reports Headlight.News.
One of the benefits of buying an EV is the potential to earn state and federal incentives — including up to $7,500 in tax credits from the IRS. On the down side, the Inflation Reduction Act reduced the number of models qualifying for the federal giveback — but new guidelines mean that, if your EV does qualify, you now get your rebate instantly, rather than waiting until you file your annual taxes.
With the UAW looking to represent the battery plants run by automakers, Stellantis revealed its plans to partner with Samsung SDI on a $3.2 billion facility in Kokomo, Indiana. Get the details at Headlight.News.
Just over 12 hours after walking off the job, Unifor reached a tentative deal with General Motors, the second of the three automakers the union is negotiating with. The two sides couldn’t get it done yesterday, and 4,300 workers then walked off their posts. Details at Headlight.News.
As the world’s first high-volume gas-electric hybrid, Toyota showed how far you could stretch a gallon of gas. But, with last year’s launch of the fifth-generation Prius, the automaker also shows that hybrids can be not only attractive but fun to drive. Might the Japanese giant be ready to take the fun factor to new levels? That’s a distinct possibility, rumors from Japan suggesting it has a GR edition in the works.
It was way back in March when BMW first teased the launch of the second-generation X2, the most recent addition to its lineup of Sport Activity Vehicles. While its not set to make its formal debut at the Japan Mobility Show in Tokyo later this month, the Bavarian automaker is pulling the wraps off the 2024 BMW X2 ahead of time.
More than 4,300 members of Unifor went on strike against General Motors early Tuesday after negotiators for the two sides couldn’t reach a tentative labor agreement in Canada. Find what’s got them walking the picket line at Headlight.News.