As the first flying cabs approach production, Toyota is more than doubling down on its stake in Joby Aviation, a California-based an electric air mobility start-up that is now test flying its first production prototypes.
*Daily News*
EVs, Hybrids Salvage an Otherwise Weak September for Tesla, Ford, GM, Other Automakers
Tesla posted a modest upturn in sales for the third quarter after losing ground during the first half of the year. And it wasn’t alone. EVs, PHEVs and conventional hybrids staved off what could have been a much sharper downturn for the U.S. auto industry, helping prop up major manufacturers including General Motors, Ford, Toyota and Mitsubishi.
Jeep Recalls Over 150,000 Wrangler and Cherokee 4Xe Models Due to Fire Risk
The National Highway Traffic and Safety Administration issues a new recall for over 154,000 Wrangler and 4Xe models due to fire risk with the latest recall shining a spotlight on a growing problem for Stellantis as it struggles to contain rapidly rising number of vehicle recalls
Mercedes-AMG Sees Big Opportunities for Performance EVs
While a number of automakers are rethinking their plans for EVs, Mercedes remains committed to the transition to battery-electric propulsion. And that includes its high-performance division, AMG. If anything, AMG CEO Michael Schiebe is convinced buyers “will jump into that new technology” as new models come to market.
September Delivers Disappointing Sales
September and third quarter sales proved disappointing for automakers after months of steady gains. But electrified vehicles created a bright spot for GM and several other manufacturers — and accounted for nearly half of Toyota’s sales in the U.S.
Dock Strike Poses Problems for Carmakers, Car Buyers
A strike by longshoreman called in dispute over wages and use of automation threatens to choke off shipments to ports on the East and Gulf coasts, threatening to delay deliveries of everything from groceries to autos and auto parts.
Fiat Stops Production of Fiat 500 Due To Low Consumer Demand
Stellantis continues to endure woes as the company confirms it has stopped production of the Fiat 500 due to low consumer demand with production not set to resume until November.
Hurricane Helene Could Trigger Another Major Semiconductor Shortage
The damage wrought by Hurricane Helene could take months to calculate but it also could be felt worldwide. The floods that roared through the mountainous western part of North Carolina devastated one town, in particular, that is known for more than just its scenic views. It’s one of the world’s largest sources of the “high-purity quartz” needed to produce semiconductors. And it could touch off another major chip shortage in the months ahead.
Tesla Leads Industry in Q3 Recalls While Ford Makes Strides
A new report shows Tesla issued more recalls than any other automaker in the U.S. during the third quarter; however, they were all resolved with over-the-air updates. Plagued by recalls during the past several years, Ford made significant improvement in the period. Find out more at Headlight.News.
Aston Martin Confirms It Will Miss Sales Target
Aston Martin confirms it will miss its 2024 sales goal as the British sportscar maker continues to struggle with financial woes and a rocky future as it prepares to launch an all-new lineup of vehicles.
Stellantis Announces Expanded Discounts To Clear Out Inventory
Stellantis announces massive expansion of discount programs as the company attempts to get rid of a growing overflow of inventory to free up room for future products while also continuing to navigate rough waters. Stellantis has had a rough 2024 so far with the...
Used Car Buyers Beware: Hurricane Helene Could Flood Market With Water-Damaged Vehicles
Hurricane Helene delivered a record punch this past week, leaving a trail of destruction from Florida’s Big Bend to the western mountain towns of North Carolina. And the impact could be felt much further away. If past natural disasters are any indication, thousands of flood-damaged vehicles could wind up being repaired just enough to put them out on the used car market. And unsuspecting buyers could be in for some major problems.