Koenigsegg raises the bar on speed records with Jesko Absolut. Swedish supercar maker confirms that the hypercar smashed four different world speed records as it made its way from 0 to 250 mph and 0 again on a recent high-speed run.
*Daily News*
CDK Global Says It’s on Track to Get System Restored, Dealers Lose Nearly $1 Billion
The ongoing CDK Cyberattack crippled 15,000 dealerships across the country but there appears to be light at the end of the tunnel with CDK confirming that it will fully restore its services on July 4th.
Gas Prices Rise Ahead of July 4th Holiday Weekend
Prices at the gas pump remained uncharacteristically flat through the first month of the summer season, but that’s changed with the looming Independence Day holiday weekend. The national average rose to $3.50 a gallon — up 5 cents and it may continue. Get details at Headlight.News.
Toyota Axes Supra Four-Cylinder Model for 2025
Toyota puts the Supra sports car on cruise control for its model year updates but announces the four-cylinder model is being axed due to slumping demand. All Supras will now be only available with the 3.0-liter inline six.
Mercedes Pumping New Life Into its Gas Engines
With the EV market taking longer to charge up than many have expected, Mercedes-Benz is putting money back into the development of internal combustion technology, as well as hybrids, CEO Ola Kallenius said. But the automaker isn’t scrapping plans for a new EV architecture, despite recent reports, the executive said.
Paraplegic IndyCar Driver Finds Electric Racing Car Uniquely Adaptable
Left a paraplegic following a crash six years ago, promising IndyCar driver Robert Wickens is back on track as part of the Formula E racing series thanks to an ell-electric race car specifically modified by manufacturing partner SPARK he can drive via hand controls. The third-generation Formula E car is the world’s fastest, lightest and most sustainable electric race car.
2024 Shelby F-150 Packs More Power Into Iconic Nameplate
Shelby American puts some of its Mustang magic into the 2024 F-150. More power and other upgrades aim to create a performance alternative that takes the Shelby formula to the trail or the job site.
Analysts Predict Tesla Deliveries to Drop for Second Straight Quarter
Electric vehicle sales have been pretty steady as a group, but that’s in large measure due to Tesla, the segment leader, seeing sales drop since the start of the year. Analysts predict Tesla’s global deliveries will drop at least 3% during Q2 while other EV makers are making gains. Find out more at Headlight.News.
Automakers Demand Rollback of New Pedestrian Safety Rules
With fatalities rising fast, NHTSA has enacted rules requiring the use of sophisticated detection and auto-braking technologies intended to protect pedestrian – as well as those riding bicycles and motorcycles. But automakers are pushing back, claiming they can’t meet the new mandates set to go into effect in 2029.
Polestar Reports Massive 2023 Losses as the Company Faces Questions About its Future
Polestar reports increased losses for the 2023 fiscal year as the company faces renewed questions about its long-term future amid struggles with cash burn and slumping EV demand.
Review: 2024 Volkswagen ID.4 AWD Pro S
Mid-cycle update brings more power, technology, and enhanced standard features that attempt to make the 2024 Volkswagen ID.4 AWD Pro S a better EV as the segment around it rapidly evolves and changes.
Ram, Porsche Top J.D. Power’s 2024 Initial Quality Study
The constant addition of new technologies to new vehicles continues to give automakers problems with quality, according to J.D. Power’s latest Initial Quality Study. The same study shows Ram and Porsche were the top quality brands in their categories. Go to Headlight.News for more details.