If your idea of an EV is a quirky looking vehicle that’s slow and stodgy, you better think again. Tesla, with the Model S Plaid, Ford with Mustang Mach-E and Mercedes-Benz with the EQS AMG, are showing that battery-electric vehicles can be stylish and fun to drive.
Elon Musk took a big hit to the wallet in January when a Delaware judge rejected the $56 billion payout he was awarded by Tesla. The decision, along with Tesla’s weakened stock price, briefly knocked Musk off his perch as the world’s richest man. Now, Tesla is asking its shareholders to vote again on the pay plan while proposing other changes that would make it less likely future proposals could run into legal trouble.
For the fourth time in its more than 100-year history, General Motors is moving its corporate headquarters – but it isn’t going very far. The automaker will relocate from the current, facility along the Detroit River to the city’s newest highrise 1.2 miles away. The move was driven by a variety of factors, said GM CEO Mary Barra, including the need for less office space following the COVID pandemic.
The 2025 Infiniti QX80 is the automaker’s most important new entry in decades and, according to some observers, could be its make-it-or-break-it product. Craig Keyes, the head of Infiniti Americas, spoke to Headlight.News about the 3-row luxury sedan as well as future products such as the brand’s first EV. He also discussed the challenges of taking on better-known brands like Mercedes, BMW and Lexus, in this exclusive Q&A.
Tesla made good on previously announced plans to raise prices on its bestselling Model Y by $1,000 in the U.S. The move was revealed a few weeks ago, and now it’s been put in place. The price increase comes as new study suggests CEO Elon Musk is putting off potential buyers. Get details at Headlight.News.
After growing nearly 800% between 2019 and early 2023, the growth in EV sales has begun to slow in recent months. But despite some reports, U.S. demand is expected to still grow from 1.2 million to 1.5 million in 2024. While some automakers, such as Ford, Volkswagen and General Motors are pulling back on their commitments to electrify, at least one major executive, Hyundai’s Jose Munoz, says he is “doubling down” on EVs. Find out why at Headlight.News.
Talks between Fisker and Nissan have collapsed, the troubled EV start-up reported. And with its shares plunging on the news, trading was halted on the Nasdaq exchange as the likelihood of a bankruptcy filing grow larger.
Danish automotive designer and entrepreneur Henrik Fisker may be heading for a second bankruptcy. Shares of Fisker went into freefall Thursday after the Wall Street Journal reported the executive’s latest car company is seeking the help of restructuring experts in preparation for a possible bankruptcy. Earlier this month, Fisker advised analysts and investors the startup is facing going-concern risks due to slow sales and weak revenues. It is unclear whether a potential tie-up with Nissan will be enough to overcome a fast-worsening cash crunch.
With my own eyes, I saw a large lynx cross the road ahead of us as we rounded a corner, with a sizable hare in its mouth destined to become the cat’s next meal. The lynx was massive, perhaps 40 pounds, and sleek in its ticked white winter coat. Read more at www.headlight.news.
Aston Martin is following the lead of manufacturers including Ford, General Motors and Volkswagen, responding to slowing growth in the EV market by delaying the launch of its first all-electric model by at least a year. Find out more at Headlight.News.
When it opened 110 years ago, the Michigan Central depot was the tallest train station in the world and a showpiece for a city at its peak. Since it shut down in 1988, however, it’s been a symbol of urban decay and the decline of Detroit, in particular. Now, after a...
UAW President Shawn Fain clapped back at Ford CEO Jim Farley after the automaker’s chief expressed disappointment in the union’s decision to strike Ford and concern about how it may change the relationship between the two. Fain suggested it may be time for the automaker to get a different CEO, among other things. Find out more at Headlight.News.