Who says EV sales are slowing down? Certainly not Hyundai where demand is up by double-digits this year. It helps to keep expanding the line-up with new models like the upcoming EV9. But the Korean carmaker also is expanding the array of variants spun off of existing models. And, for 2025, that will include its first off-road-ready EV, the Ioniq 5 XRT.
It may be one of the best-selling luxury brands in the U.S. but Lexus has never been one seen as pushing the edge when it comes to styling. Not until recently, that is. But it’s upending its conservative approach with concepts like the LF-ZC and LF-ZL and could carry those edgy design themes into production. But is it going “too far”? That’s a question its global design chief is asking.
The end is near for the Mercedes-Benz EQS electric sedan as the company confirms that the S-Class flagship sedan will have ICE and EV versions when the next generation model arrives.
For the first time in several years, the number of people buying a new vehicle remained loyal to the brand of car, truck or SUV they were getting out of. According to S&P Global Mobility, the first half registration data showed 52.5% of buyers remained loyal — a 1.9% increase on a year-over-year basis. Find out more at Headlight.News.
Polestar CEO Thomas Ingelanth resigns from the company as Polestar continues to bleed money and navigate rough waters caused by slumping EV demand and cash burn.
South Korean automotive behemoth Hyundai Motor expects to sell 5.5 million vehicles globally by the end of the decade, including 2 million EVs and 1.8 million hybrids. The global number represents a 30% jump over last year’s numbers. Find out more at Headlight.News.
Audi plans to make some big news next week, the German automaker set to reveal the next-generation version of its best-selling model, the Q5. Ahead of that formal unveiling, Audi released this teaser image and gave some hints as to what’s coming. Significantly, the midsize SUV will be offered with a range of powertrains, including gas, hybrid and all-electric. Here’s what we’ve learned so far.
Hoping to get it right after a botched launch of its original EV, Vietnamese start-up VinFast is ready to roll its second offering into U.S. showrooms. To increase the appeal of the three-row VF 9, VinFast has slashed the sticker price by more than $10,000 on the base model and $18,000 on the more lavishly equipped Plus package.
The auto industry’s been expecting a big sales month at some point this summer in the wake of the CDK outage that cut into new vehicle sales in mid-June. Some thought it would come in July, but inventory levels we’re quite settled. But now it appears everything’s in place for a 7% year-over-year increase. Find out more at Headlight.News.
EV maker Fisker secured a deal with creditors to liquidate its assets while providing ongoing assistance to the owners of the vehicles it has already produced. Find out more at Headlight.News.
Rivian reports fire at its Normal, Illinois assembly plant. Fire damaged multiple EVs in a storage lot but it’s not known how many were destroyed by the blaze and whether it will affect deliveries of vehicles to consumers.
Honda and Acura confirm that they are developing electrified sports car to replace the NSX. The new model might also use a new moniker instead of continuing the NSX story.