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Auto Companies Fight Battle Against Global Counterfeit Parts Makers

Auto Companies Fight Battle Against Global Counterfeit Parts Makers

The recent investigation by U.S. Department of Homeland Security in metro Detroit turned up scores of counterfeit auto parts. The probe, aided by Detroit Three automakers, netted scores of inexpensive, but fake parts for Ford, Chevrolet and Dodge car parts. The bust is a microcosm of a much larger problem across the U.S. costing automakers billions of dollars. Find out more at Headlight.News.

Sales Growth Slowing, Biden Administration May Delay EV Mandates

Sales Growth Slowing, Biden Administration May Delay EV Mandates

Facing slowing sales growth — and pressure from automakers and their dealers — the Environmental Protection Agency may delay proposed emissions rules that would require EVs to account for as much as two-thirds of the new vehicles sold in the U.S. by 2032. The move would provide more time to address issues blamed for slowing adoption, including the high cost of EVs, as well as the lack of a robust public charging network.

Auto Dealers Collect $135M YTD in EV Tax Credit Payments

Auto Dealers Collect $135M YTD in EV Tax Credit Payments

Anyone who may have wondered about the potential success of offering EV buyers the option to get their tax credit at the time of sale, including using it as a down payment, can stop thinking about it — it’s working. The U.S. government’s paid out $135 million in electric vehicle tax credits in a little more than a month. Get details at Headlight.News.

Ford EV Owners Getting Free Tesla Supercharger Adapters

Ford EV Owners Getting Free Tesla Supercharger Adapters

Ford was the first automaker to tie up with Tesla, announcing plans to switch to the NACS plug letting owners of products like the Mustang Mach-E and F-150 Lightning use the big Tesla Supercharger network. Ford CEO Jim Farley on Wednesday announced “eligible” owners...

EV Skeptic Akio Toyoda Sees Electric Vehicle Market Share Peaking at 30%

EV Skeptic Akio Toyoda Sees Electric Vehicle Market Share Peaking at 30%

He’s warned that the switch to battery-electric vehicles could seriously harm the auto industry. And even though his successor as Toyota CEO has committed more resources to EVs, Akio Toyoda continues to see a future in which hybrids and other alternatives dominate the global market. More from Headlight.News.

GM Will Cover Federal Tax Credits Lost by Some of its EVs This Year

GM Will Cover Federal Tax Credits Lost by Some of its EVs This Year

Revised rules that went into effect on January 1 took away federal tax credits on all but about a dozen EVs. But General Motors will make up for that loss by offering up to $7,500 in discounts on EVs like the Cadillac Lyriq and Chevrolet Blazer EV, the automaker said. Ford, meanwhile, said it is raising the price on some versions of its F-150 Lightning by up to $10,000, while lowering the cost of premium models by as much as $7,000.