Back-to-back quarterly sales drops seems to have CEO Elon Musk’s attention. Always looking for ways to bolster deliveries, Tesla’s offering a new long-range variant of the Model 3 sedan. Get details at Headlight.News.
*Daily News*
$25 Million Ransom Reportedly Paid to End Hack That Took Down 15,000 U.S. Dealers
Things are back to normal at 15,000 U.S. showrooms after a hack that brought operations nearly to a halt last month. Data processing firm CDK apparently paid a $25 million ransom to regain control of software controlling everything from sales prospects to payroll. But the damage has topped $1 billion in lost sales and other issues.
Ford Brings Capri Nameplate to EV Era, Builds on Collaboration with Volkswagen
Ford brings another classic nameplate to the EV world with the all-new Capri CUV. The Capri attempts to bolster Ford’s presence in Europe while also fleshing out a partnership with Volkswagen at the same time.
Ineos Reveals A Bevy Of Prototypes
Goodwood display hints at what’s coming next for Ineos as it prepares to expand its presence in the SUV segment.
Automated Driving Systems Aren’t Improving Safety, Finds New Study
More than half of the automotive models now on sale offer some form of partial automation, whether to help steer, brake or accelerate. Manufacturers have promoted these technologies as a way to reduce crashes, injuries and fatalities – but, with the exception of front automatic emergency braking, a new study finds “partial automation…doesn’t confirm additional safety benefits.”
Genesis Confirms GV60 Magma Will Enter Production Next Fall
Genesis has confirmed that the spicy GV60 Magma EV is headed for production. Goodwood of Speed debut will give potential buyers a glimpse of what they can expect when the model begins production next fall.
Biden Administration Doles Out $1.1B to GM, Stellantis to Convert Plants to EV Production
Although EV sales aren’t going at breakneck speed these days, automakers are still churning out new models and planning for future models. To make that easier, the Biden administration awarded $1.1 billion in grants to General Motors and Stellantis to convert existing plants to build electric vehicles and components. Get details at Headlight.News.
Americans Deeper Underwater Than Ever on New Vehicle Trade-Ins
Nearly a quarter of all new vehicle buyers in the U.S. owed more on the vehicle they were trading in than it was worth. Being “underwater” isn’t uncommon, but the percentage was the highest it’s been in three years. Find out more at Headlight.News.
These Are the Best EVs You Can Buy Today According to Consumer Reports
From compact crossovers to full-size SUVs, roughly 100 new battery-electric vehicles have come to market over the last two years. But which ones are the best when you factor in things like range, reliability, maintenance and everyday practicality? Consumer Reports has named its 14 top choices and it includes a variety of different sizes, prices and features. But three brands – Hyundai, Kia and BMW – stood out.
2025 Cadillac Escalade IQ Will Reportedly Have Flagship Pricing
The Cadillac Escalade IQ is shaping up to be a key player in the flagship luxury SUV segment with the brand hoping that the large SUV will be able to carve a slice of the market for itself while also pushing the brand into new territory. Pricing was rumored to be befitting of its flagship role and a new report appears to shine additional clarity on the matter.
Foreign Brands Now Produce More Vehicles in the U.S. than Detroit’s Big Three
It’s been four decades since Honda started building Accords at a new plant in Marysville, Ohio. Today, foreign-owned manufacturers are producing more vehicles in the U.S. than Detroit’s Big Three. And the gap is only expected to widen, in part due to local production mandates covering battery-electric vehicles, reports Headlight.News.
Subaru’s Project Midnight Pushes The Envelope of WRX Performance
Subaru’s Project Midnight is preparing to make a potent performance statement for the Japanese auto giant. A full carbon fiber body and big performance upgrades are only a few of the tricks that this special WRX will bring to the fabled Goodwood Festival of Speed.