Tesla announced plans to recall nearly 700,000 vehicles due to a problem with the tire pressure monitoring system in those vehicles. The warning light may not remain lit during the entirety of the problem. Find out more at Headlight.News.
Sales
Honda-Nissan Talks Reportedly Move Forward; Is a Merger in the Works?
Honda and Nissan are moving forward on talks that could move past simple collaboration. The two Japanese automotive giants may set up a joint holding company, according to a report, though they so far are denying that a merger is in the works. Here’s the latest.
Ford CEO Wants to Match Price of Chinese EVs — and Plunging Battery Prices Will Help
While EV sales should end the year up about 10% from 2023, the growth rate has slowed sharply. Several factors contributed to the slowdown, starting with the price premium — averaging about $10,000 more than comparable gas models. But Ford CEO Jim Farley claims the company is working up new EVs that will deliver “game-changing” prices, in line with rock-bottom Chinese brands. And a new study shows that plunging battery costs will play a major role.
Toyota Cuts Price on Slow-Selling bZ4X by $6,000
Usually at the end of the year, there’s a push put on by a certain electric vehicle maker to sell as many of its EVs as possible. This generally includes price cuts to entice buyers. And while that EV maker might still do it, it’s another automaker looking to move some EVs: Toyota. The company cut prices on its bZ4X by as much as $6,000. Get details at Headlight.News.
Ford Gets Final Approval on $9.63B Loan for Tennessee, Kentucky Battery Plants
The U.S. Department of Energy finalized a $9.63 billion loan for Ford Motor Co. and South Korea’s SK On to help finance the construction of three new EV battery plants in Tennessee and Kentucky. Get the final details at Headlight.News.
Over 90% of EV Drivers Plan to Remain Battery-Electric Owners
Electric vehicle adoption has been on the rise and the latest study shows that once someone buys and EV it’s highly unlikely they’ll go back to internal combustion power. According to the Global EV Drivers Alliance, 92% of current EV owners will buy another one for their next vehicle. Check out the story at Headlight.News.
Tesla Takes Top Four Spots in 2024 Made in America Auto Index
Texas-based EV maker Tesla becomes “more American” this year by capturing the top three spots in the 2024 Made in America Auto Index and while sharing No. 4 with Ford. The Tesla Model 3 Performance was the top finisher. Find out the rest at Headlight.News.
Americans Shell Out More for New Vehicles in November — And It’s Good
The average transaction price for a new vehicle jumped nearly $700 to $48,724 last month compared to November 2023. Some might point to higher interest rates or bigger numbers on the window sticker, but there’s a better reason. Find out why at Headlight.News.
Tesla Model Q Could Be Tesla’s “Affordable” EV After All
Tesla’s on-again/off-again effort to develop an affordable EV may be on again, at least according to a report by Deutsche Bank. It issued a new report claiming the automaker will launch a new vehicle that could come in under $30,000 in the U.S. — at least with the help of federal tax credits, though those may go underway when the Trump administration returns to the White House next year. Get details at Headlight.News.
A Week With: 2025 Lexus UX 300h F Sport Handling AWD
Considered the world’s first mass-produced hybrid vehicle, the Toyota Prius went on sale in Japan in October 1997. Now in its fifth generation, the Prius only continues to be among the best in the segment. Check out our review of the latest iteration of the hybrid at Headlight.News.
Compact SUVs Now the King of Green
According to new data from the U.S. Environmental Protection Agency, the “greenest” or most efficient vehicles running about on American roadways is the compact SUV. The data shows it’s passed the small sedan as the greenest machine on the street. Find out how at Headlight.News.
A Week With: 2024 BMW X1 M35i
The “hot hatch” has enjoyed a renaissance in recent years. A new generation of drivers discovered what many from previous generations already knew: hot hatches are among the best mixes of performance and practicality available. The segment features plenty of options, but one that may get lost in the shuffle is the BMW X1 M35i. Let’s see if we can change that at Headlight.News.