A new study shows consumers expressing more confidence in fully automated self-driving vehicles. Good news for Tesla CEO Elon Musk and others expanding their autonomous vehicle testing and planning. Find out more at Headlight.News.
Sales
Audi Jumps on Performance Ute Trend with 2025 RS Q8
Automakers across the board have been upping the performance ante on their SUV models for the past few years. Now Audi has joined the club with the all-new 2025 Audi RS Q8 model. The new model pumps out 631 horsepower and drains $136,200 from your bank account. Get details at Headlight.News.
Tesla Beats Q3 Profit Expectations from Wall Street
EV maker Tesla reported better-than-expected results for the third quarter. The Texas-based company beat the analysts’ profit forecasts despite coming up slightly short on revenue predictions. Get the details of the company’s third quarter results at Headlight.News.
GM Reports Rise in Q3 Revenue, Exceeds Analysts’ Expectations
General Motors brought in more money during the third quarter compared to a year ago, but those additional funds didn’t translate to bigger profits. However, the numbers did give the company reason to revise its earnings upward. Find out more at Headlight.News.
Stellantis Lays Off 1,100 at Truck Plant, Closing Arizona Proving Grounds
In August, Stellantis warned it would lay off as many as 2,450 hourly workers. The first batch got their walking papers as 1,100 employees at its Warren Truck Plant, just north of Detroit. However, the cost cutting doesn’t stop there as the company revealed plans to shut down its Arizona Proving Grounds as well. Headlight.News has details.
EV Maker Lucid Pushes to Net $1.7B with IPO as New Saudi Fund Becomes Lead Investor
Developing and building electric vehicles costs a lot of money, and Lucid Motors has been tapping its Saudi-based investors for billions in additional funding during the past few years. Now, the EV maker plans to go to new source: the public. At the same time, it’s getting a new top shareholder. Find out more about its IPO at Headlight.News.
EV Sales Set Global Record in September
Sales of electric vehicles set a new global record in September hitting 1.7 million units. This surpassed the previous record by 150,000 vehicles last December. Unsurprisingly, China is leading the charge, but contrary to what many in the U.S. would tell you, the American market is up 10% through the end of the third quarter. Find out more at Headlight.News.
Wall Street Wary About Tesla’s Shift from EVs to Robotaxis
Tesla appears to be planning a shift away from its once groundbreaking EVs to put more focus on a line of robots and robotaxis but that has generated some significant pushback from investors who question the new business model announced by CEO Elon Musk during a flashy Hollywood rollout last week.
Tesla Cybercab Highlights Elon Musk’s Glimpse into the Future
An ebullient Elon Musk took to the stage Thursday night not just to show off the long-awaited Cybercab, Tesla’s CEO offered a peek at what his idea of what the future should be, and that kicks off sometime near the end of 2026 when the first Cybercabs go into production. Get details at Headlight.News.
A Week With: 2024 Volkswagen Tiguan SEL R-Line
All in all, the 2024 Volkswagen Tiguan SEL R-Line is handsome, stylish, understated, nicely equipped and quite pleasant to drive — once you get it up to speed. Find out more about the SUV at Headlight.News.
Forget Hurricane Milton, Car Buyers Are Underwater All Over the Country
If you’ve bought a new car recently you’re well aware of how much vehicle prices have risen over the last decade. In many cases, that’s pricing many potential buyers out of the market. But others are simply taking a deep breath and signing up for hefty loans. The problem is that they may find they’re “underwater” when they next go to trade in – owing more than the vehicle is worth.
Volkswagen Offers Early Look at Tiguan Debuting at LA Auto Show
Volkswagen revealed its new Tayron 5-seat SUV sold in Europe. Why do we in America care? Because the extended wheelbase version is sold in the U.S. as the Tiguan, which will make its debut at the LA Auto Show next month. Get an early look at Headlight.News.