Ford CEO Jim Farley confirms that the company still has not ruled out the possibility of a Mustang sedan as Ford continues exploring ways to expand Mustang sales and long-term longevity
*Daily News*
Honda Announces $65 Billion EV Investment, Still Commited To Long-Term Goals
Honda announces plans to invest $65 billion in EVs as Japanese auto giant prepares to embrace an all-electric future while also restructuring some of the ways that it intends to achieve this goal.
BYD Unveils Shark PHEV Pickup, WIll Not be Sold in The U.S.
Chinese automaker BYD puts the world on notice with Shark Plug-In Hybrid pickup. The Shark is the first production PHEV pickup in the world and is shaping up to be a potent player in the global pickup truck market.
Musk’s Antics Could Cost Him $56 Billion Pay Package
Elon Musk’s increasingly mercurial behavior is having a substantial impact on the Texas-based EV maker. But it may also have a serious impact on the Tesla CEO himself as shareholder resistance grows to the $50 billion pay package the automaker wants to give Musk. A key investor, and former Musk “fanboy,” voting no.
New Vehicles Got More Expensive Last Month
A decline in interest rates wasn’t enough to improve the affordability of new vehicles in April. The average new vehicle payment rose slightly, and it’s taking a little bit more of your annual income to afford a new car, truck or SUV. Find out more at Headlight.News.
Today’s EV Skeptics are Tomorrow’s EV Buyers, Study Says
If you’ve got a friend claiming they’ll never buy an electric vehicle, check back with them in a few years. They’ll likely be sharing their secret charging spot with other EV owners, according to a new study. Get the details about the evolution of EV buyers at Headlight.News.
Mercedes-Benz Scraps Plans for New EV Platform, Poor Sales To Blame
Mercedes-Benz backtracks on elements of its electrification plan with report suggesting that poor sales of the EQ lineup have forced it to scrap a platform that it was developing
Eight Automakers Caught Misusing Consumer Data
Multiple carmakers have been caught giving sensitive customer data too easily to law enforcement despite saying that they would not do so under Consumer Privacy Protection Principles Agreement
Here’s How Much You’ll Spend on Gas in Your Lifetime
The typical American driver spends plenty of time behind the wheel – and plenty of money at the gas pump. Just how much money depends, of course, on a variety of factors, but it all adds up to a lot more than you might expect. And, over the course of a lifetime, you might shell out nearly as much as you’d spend on a new home – motorists in some states expected to spend around $200,000 on fuel.
First Drive: 2025 Subaru Forester
Subaru has done a great job balancing the comfort/luxury value against the brand’s go-anywhere, get muddy, hose-it-out-later reputation. Read the whole review at headlight.news.
Ford Built A Whole Rallycross Course When Developing Mach-E Rally
Ford pulled out all the stops when it was developing the Mustang Mach-E Rally. The trail-busting EV went through extensive testing during its development and that included the company building a special rallycross course to help push the EV to its limits.
Mercedes Workers Next to Vote on UAW – But “Alabama is Not Michigan”
After winning a historic vote at the Volkswagen plant in Chattanooga last month, the United Auto Workers Union takes aim at a repeat victory as workers at the Mercedes-Benz plant in Tuscaloosa cast their ballots. But the UAW faces strong local opposition from, among others, Gov. Kay Ivey who declared “Alabama is not Michigan,” as she signed a bill to discourage future union efforts.