Lucid is eying two-speed transmissions as new patents confirm the company is exploring other methods to help improve efficiency and performance for future EV models.
*Daily News*
New Vehicle Sales Come on Strong in November – With Several Brands Setting New Records
November ended on a high note, at least from an automotive perspective, with sales of new vehicles delivering solid year-over-year gains for those brands that have so far reported their numbers for the month. And several Japanese and Korean brands ended November with new sales records.
Volkswagen Workers Strike as Automaker Prepares to Close as Many as 3 German Factories
Workers at Volkswagen’s German operations walked off the job Monday. The 120,000 members of trade union IG Metall took to the streets to protest the automaker’s plans to pair back its home market operations, a move that could see it shutter as many as three assembly lines.
Jaguar’s New Concept Sticks to Founders Vision While Dumping Heritage
Despite the pictures of Jaguar’s Type 00 concept leaking before the debut, the all-electric vision provided the iconic British brand with a chance to make a statement. And while Jaguar officials seem confident about this new direction, it’s clear it will take others longer to share that confidence. Get details at Headlight.News.
Jaguar’s Wild Rebrand Is Boosting Demand For Used Jag Models
Jaguar’s “Copy Nothing” strategy is fueling an increase in demand for used Jaguar models as shoppers move to get ICE-powered Jaguar models before the brand goes all-electric.
Judge Again Rejects Musk’s $56 Billion Pay Package
A Delaware judge has again rejected the $56 billion payout for Tesla CEO Elon Musk, even after shareholders voted to reinstate the package earlier this year. But even if the ruling is upheld, the South African-born entrepreneur and confident to President-elect Donald Trump is expected to remain the world’s richest man.
Headlight.News For The Week of 12-2-2024 – Shakeup at Stellantis – Tesla Trouble – GM Gets Spot In F1 & More
In this week's episode of the podcast, we talk about the surprise shake-up at Stellantis, Tesla's Latest Troubles, GM's newfound place in F1 (through Cadillac) and a new car review before taking a look at This Week in Automotive History. Click Here to listen and tell...
Jaguar Boldly Wears Pink and Defies Critics As Images Leak Online
Leaked images appear to reveal Jaguar’s concept EV ahead of its debut as the company continues to struggle with its ill-fated rebranding campaign.
Trump’s Threatened Tariffs Could Cost Automakers 17% of Earnings
President-elect Donald Trump’s proposed 25% tariff on all goods form Canada and Mexico, plus on all Chinese imports could wind up costing automakers as much 17% from their annual earnings. The estimate comes from a new study from S&P analysts. Check out the story at Headlight.News.
CEO Tavares’s Resignation Could Leave Struggling Stellantis Rudderless
With CEO Carlos Tavares resigning “with immediate effect,” and no successor in sight, Stellantis could face even more trouble trying to resolve the problems that saw its sales, earnings — and stock price tumble so far this year. The lack of a chief executive officer also comes at a time when the Euro-American automaker is set to launch an assortment of critical new products, including the first all-electric Jeep and Ram models aimed at the U.S. market.
CEO Carlos Tavares Tenders his Resignation as Problems Grow for Stellantis
Stellantis CEO Carlos Tavares resigned unexpectedly on Sunday, the automaker saying “different views have emerged” in recent weeks as the Euro-American automaker struggled to come up with a way to reverse weakened sales and earnings. No immediate successor was named, though it appears that the automaker’s Chairman John Elkann effectively will take control until a replacement is named. This is a breaking story. Headlight.News will have a longer analysis shortly.
Nissan Has 12-14 Months Left According To New Report
Nissan reaches critical junction as a new report says the company has less than 12-14 months left to stay afloat.