EV maker Lucid Motors offered up good news during its second quarter earnings call as it secured as much as $1.5 billion in new cash just in time to begin production of its second vehicle, the Gravity SUV. The company also managed to beat analysts’ estimates for the quarter. Find out more at Headlight.News.
Online retailing will generate over $1.2 billion in revenues this year. And whether you’re buying from Amazon, WalMart, Target or countless other Internet retailers your package is likely to will make it to your doorstep in a delivery van. Increasingly, those vans are going electric as fleet operators seek low-cost solutions. Now, Ram is getting into the game with the new ProMaster EV. Headlight.News had a chance to take the rig for a run – without having to make any delivery stops.
Even as its sales start to slide, Tesla is coming under increasing fire from competitors who hope to chip away at its market share which still dominates the EV market. And Mercedes-Benz is taking aim at Tesla’s best-seller with an all-new, battery-powered version of its compact CLA model set to debut next year.
When Toyota rolled out the GR Corolla two years ago it did a lot to change the image of a compact model long known for its plain vanilla styling and lackluster styling. But for many potential buyers there was one big drawback: its lack of an automatic transmission. That’s the biggest issue Toyota is addressing with the 2025 GR Corolla update. Here’s more.
Automakers post strong sales for July as the industry still deals with high interest rates and the aftershocks from the CDK computer hack.
As EV sales growth slows, automakers are looking for other ways to reduce emissions without turning off potential buyers. That’s led to a wave of new plug-in hybrids coming to market – and to a surge in demand for PHEVs which grew 50% globally during the first five months of the year. But will they continue to outpace all-electric models? That’s a matter of debate.
The Blazer name has had a long history at Chevrolet. In its newest incarnation it offers a sign of the direction the bowtie brand plans to take in an electrified automotive market. But does it live up expectations? Jeff Zurschmiede spent a week with the new Chevy Blazer EV to find out.
It may be the smallest pickup in Ford’s North American line-up but the Maverick has been a big success since its launch three years ago. And Ford hopes to keep the momentum going with the 2025 update of the compact truck by adding an all-wheel-drive version of the Maverick hybrid, as well as an assortment of new tech features.
While automakers are still tallying up the final numbers, they’re expected to reveal that, boosted by a strong economy, July vehicles sales bounced back after a weak June. Here’s a preview of what we’re likely to see.
EV maker Tesla Inc. announced plans to recall 1.85 million vehicles due to a problem with hood latch. The issue is software related so it will be resolved with an over-the-air update. To get more details, go to Headlight.News.
As it looks to potentially consolidate a list of 14 automotive brands, Stellantis could sell off its most exclusive, Maserati, due to weak sales, a senior official warned. That’s on top of several other brands which, Headlight.News reported last week, may be shuttered entirely.
Every summer I look forward to two weeks with one car: the Polaris Slingshot. This three-wheel sports beast looks like few things on the road today. It not only continues to attract favorable attention, the company continues to make it better each year. Find out what we thought after two weeks with the Slingshot at Headlight.News.