Days after announcing a major acceleration in its plans to cut costs — including eliminating 9,000 jobs — Nissan Motor is getting a bit of a boost. Courtesy of a regulatory filing, it was revealed Effissimo Capital Management took a 2.5% stake in late September. Find out what it means and why shareholders are excited at Headlight.News.
*Daily News*
First Look: Cadillac Vistiq is an Escalade IQ Without the Bling
Cadillac’s charge into the emerging EV market takes a big step forward with the official debut of its fifth all-electric model, the 2026 Vistiq. The lavishly equipped 3-row SUV slots into a niche between Caddy’s first battery model, the Lyriq, and the flagship Escalade IQ. Here’s more.
GM Sued Over Malfunctioning Transmission Shifters
GM hit with two lawsuits over faulty shifters in popular GMC, Buick, and Chevrolet products as the company becomes the latest to struggle with safety issues. General Motors was hit with two new class-action lawsuits over an alleged problem with faulty shifters that...
Consumers Happier with New Vehicle Buying Process This Year
Lower prices and more choices made consumers a bit happier about the new vehicle purchasing process, say the experts at J.D. Power & Associates. The 2024 U.S. Sales Satisfaction Index Study revealed a small increase in the results. Check out the story at Headlight.News.
Car Buyers At Risk as Trump Prepares to Roll Back Consumer Protection Rules
Bait-and-switch, hidden fees and other dealer scams could proliferate under the incoming administration of Donald Trump, experts warn, as the president-elect signals plans to eliminate or scale back various consumer protection rules.
Morgan Returns to the United States with the Morgan Plus Four
Boutique British automaker Morgan is returning to the U.S. market after a two decade absence with a new rendition of the Plus Four sports car.
Cadillac Set to Discontinue XT4 Crossover, Making Room for New Chevy Bolt
In a surprise move, Cadillac announced it will end production of the popular XT4 crossover in January. The move frees up space at General Motors’ Fairfax Assembly Plant to switch over to the next-generation Chevrolet Bolt. The EV will go on sale a year from now as GM’s cheapest battery-electric model.
New, All-Electric EV To Charge Up Bentley’s Beyond100+ Plan
Bentley fleshes out the core details of its Bentley 100 plan as the company prepares to continue its push into electrification with new model it calls an “Urban SUV.”
These Are the Fastest-Charging EVs – and the Slowest
There’s no question EVs offer a number of advantages, including low energy costs and the ability to plug in at home. But what about when you need to charge up on the road? The good news is that there are more public chargers being added every day. The downside: you might be in for a long wait when you plug in, depending on what EV you’re driving. Automakers are upgrading their battery vehicles to improve charging speeds and here’s a look at the models that will add miles the fastest – as well as the slowest.
Rivian Falls Short of Wall Street Predictions While Lucid Exceeds
EV makers Rivian and Lucid reported their third quarter earnings results. When the dust settled Rivian was reassuring shareholders while Lucid was celebrating with them. Find out how each automaker did at Headlight.News.
Mercedes-AMG Teases New Performance EV Model
Mercedes-AMG prepares to go on its own with new EV SUV that will forge its own distinctive performance identity.
Stellantis Announces Further Layoffs – as Job Cuts Sweep Across the Industry
Stellantis is cutting another 1,100 jobs, the latest furloughs impacting workers at the Toledo, Ohio plant producing Jeep products such as the Wrangler and Gladiator. The news comes at a time when other manufacturers, including Nissan and Audi, are paring back at a time of weakening sales.