Just a few months after Jeep officials announced the end of Wrangler 392 would come at the end of this model year, it’s rethought the plan. Now it will extend the swan song of the most powerful Wrangler into the 2025 model year. Get details at Headlight.News.
For the second time in less than a dozen years, entrepreneur Henrik Fisker’s effort at launching an automotive start-up has plunged into bankruptcy. Start-up Fisker Inc. filed for Chapter 11 protection late Monday. While the one-time auto designer said the filing leaves a “viable path forward,” the options for saving the company appear increasingly sparse.
It wasn’t just new cars moving off dealer lots last month, used cars, trucks and SUVs saw plenty of interest as well. If you’re in the market for a vehicle, there’s one end of the market moving faster than the rest. Find out more at Headlight.News.
With gas prices averaging just under $3.50 a gallon, Americans are frustrated. They believe prices are too high and while that might lead you to believe they’re going to turn to electric vehicles in larger numbers, you’d be wrong. Find out more at Headlight.News.
Stellantis faces challenges and has lost ground in the U.S. CEO Carlos Tavares acknowledged during Thursday’s “Investors Day” conference, putting some of the blame on his own shoulders. But the carmaker’s flexible strategy and new products offer hope for the future and protect the company’s profitability, he promised analysts and shareholders.
The average transaction price for a new car, truck or SUV in May dropped slightly from April. The ATP dropped in the first three months of 2024, before jumping 2.2% in April. However, incentives are on the rise, which is driving what buyers are paying down. Get the details at Headlight.News.
Not counting the country’s armed forces, the most patriotic brands in the U.S. are Jeep and Ford, according to a new survey. It’s the second year in a row that Jeep finished at the top while Ford moved from No. 3 up to No. 2 this year. Find out more at Headlight.News.
BMW reportedly forced to slash prices as slow-selling XM performance SUV remains glued to dealer lots
Headlight News for the Week of 6-10-24 – May Auto Sales – Who Gets The Most Speeding Tickets – Ford’s Big News – Toyota Crown Signia Review – and This Week in Automotive History
Automakers continue growing a previously tight inventory of new vehicles. Having these vehicles on dealer lots gives consumers more choices — choices that turn into purchases eventually. New vehicle movement hit 1.2 million vehicles in May, which is a good sign. However, which automaker is building inventory, and which is selling vehicles is the key differentiator. Get details at Headlight.News.
The growth of the U.S. EV market may be slowing for the auto industry overall, General Motors sales were charged up, according to CEO Mary Barra, who said the automaker had its “best month ever” in May. But the automaker is still ready to adjust its electrification plans.
Each year, Mopar, the aftermarket business for Stellantis, puts together a special edition vehicle using components from its portfolio. This year the business unit took on the Jeep Gladiator for a limited run of 250 vehicles. Get details at Headlight.News.