Analysts predict sales of new cars, trucks and SUVs in July won’t set the world on fire — just like last month. This means the industry will need to wait another month to recover the sales lost due to the cyberattack against the nation’s auto dealers. Find out more at Headlight.News.
It will be up to a California court to determine the outcome of a long-running suit pitting two EV manufacturers, Tesla and Rivian. The bigger of the two has accused its rival of stealing trade secrets and a judge has ruled the case will have to go to trial after Rivian filed to get it dismissed earlier this week.
As car prices continue to increase, the fallout is growing with new car prices pushing more buyers into the used vehicle market. Unfortunately, this is also causing used car prices to rise, and buyers who think going for a much older used car on the lot will spare them the pain they’re going to be in for a shock.
It wasn’t expected to be a good quarter for Ford Motor Co. Even then, the automaker’s second-quarter earnings managed to fall short of Wall Street’s expectations. That sent Ford shares tumbling by 11%, even though company leaders tried to assure investors they’re “on track” to deliver a full-year profit. More from Headlight.News.
The Insurance Institute for Highway Safety names its safest cars for 2024 with the list covering every vehicle segment while also shining a light on how much vehicle safety has improved since the IIHS undertook its efforts to help automakers improve the safety of their vehicles.
Tesla’s second quarter results reflected the tough times the EV maker’s experiencing now that there is more competition and other issues impacting sales. While the company’s overall revenue rise slightly, its net income and automotive operations revenue took massive hits. Moreover, CEO Elon Musk doesn’t seem too bothered by the numbers. Get details at Headlight.News.
Battery-electric vehicles use half as much energy to run a given distance as do vehicles powered by gasoline, according to a new study by Yale University. And the cleaner and more efficient the source of electricity used to charge a vehicle the better the equation gets.
Toyota is experimenting with AI and autonomus vehicle technologies that will not only help expand the kinds of driver assistance technologies that will benefit consumers but also improve vehicle safety. A recent project involving newly developed self-drifting Supras is a glimpse into this tech and it has potential real-world applications.
EV maker Tesla reported its overall revenue increased slightly in the second quarter, but it wasn’t because of its automotive operations, which fell 7%. The company reported net income and adjusted earnings were down year-over-year as well. Get the details at Headlight.News.
BMW unveils 2025 M5 Pebble Beach Concour d’Elegance #1/1. Bespoke one-of-a-kind BMW is result of a collaboration between the company and the prestigious event. The 2025 BMW M5 will also be the first M5 in history to be powered by a hybrid-equipped V8 with the first examples scheduled to make their way to the U.S. this fall.
General Motors officials offered good news with the company’s second quarter earnings report, with revenue and profits up for the quarter as well as the first half of the year. In fact, the results were good enough for the company to revise its full-year earnings expectations upward. Find out more at Headlight.News.
The 2025 Honda Civic Si is taking an early bow ahead of the upcoming model year and it introduces an unusually extensive list of changes for what would normally be a mid-cycle “refresh,” with an assortment of new features, more standard equipment, new technology and, of course, the requisite tweaks to the front fascia and grille.