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.
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.
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.
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 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.
Hyundai’s new EV plant outside Savannah, Georgia is up and running, months ahead of its original schedule. But the automaker now says the $7.6 billion complex will build hybrids, as well as all-electric models due to slowing growth in the EV sector.
Lucid Group reported it delivered nearly 2,800 vehicles, which surpassed the expectations of analysts. The results are also in contrast to fellow EV startup Rivian. Get details about the results and what’s next at Headlight.News.
With Stellantis trying to sort out what to do with its 14 brands, i.e. which ones to keep, CEO Carlos Tavares dismissed the notion that the company is looking to add another: French automaker Renault. Find out more at Headlight.News.
Tesla posted a modest upturn in sales for the third quarter after losing ground during the first half of the year. And it wasn’t alone. EVs, PHEVs and conventional hybrids staved off what could have been a much sharper downturn for the U.S. auto industry, helping prop up major manufacturers including General Motors, Ford, Toyota and Mitsubishi.
While a number of automakers are rethinking their plans for EVs, Mercedes remains committed to the transition to battery-electric propulsion. And that includes its high-performance division, AMG. If anything, AMG CEO Michael Schiebe is convinced buyers “will jump into that new technology” as new models come to market.
September and third quarter sales proved disappointing for automakers after months of steady gains. But electrified vehicles created a bright spot for GM and several other manufacturers — and accounted for nearly half of Toyota’s sales in the U.S.
Aston Martin confirms it will miss its 2024 sales goal as the British sportscar maker continues to struggle with financial woes and a rocky future as it prepares to launch an all-new lineup of vehicles.