Rivian announced it will slash both its corporate staff and production this year after reporting more than $1.5 billion in losses for the final three months of 2023. Even as it prepares to unveil an entirely new family of battery-electric vehicles, CEO RJ Scaringe warned the nascent automaker “is not immune” to the headwinds battering the U.S. EV market after four years of record growth. Separately, EV startup Lucid also forecast flattening sales after reporting worsening losses.
The full-size truck market is about to get more competitive as Ram rolls out a major update of the 1500 pickup. The 2025 package has plenty to offer, from two versions of the new Hurricane engine to the all-new premium Tungsten edition. There’s plenty of new technology, as well, including the new Hands-free Driving Assist system. But you can also expect to spend more money, Headlight.News headed to Texas Hill Country to get some time behind the wheel of the 2025 Ram 1500.
Toyota releases pricing and official configurator for 2024 Land Cruiser, trail-ready reboot now starts at $57,445 and is banking heavily on strong accessories list to go along with its trail-ready credentials. Get the story at Headlight.News.
Hoping to perk up a slowing EV market, Ford Motor Co. has announced some lucrative financial deals for its two retail battery-electric models, the Mustang Mach-E and the F-150 Lightning. Price cuts on the electric crossover run as high as $8,100, while there’s as much as $12,500 in “bonus cash” on the battery pickup.
General Motors put a halt to the sale and delivery of its 2024 Chevrolet Colorado and GMC Canyon midsize pickups after a software glitch was discovered. The company is fixing the problem and expects to lift the hold soon. It’s the second major software problem to halt a high-profile vehicle. The stop sale hasn’t yet been lifted on the Chevy Blazer EV. Get details at Headlight.News.
Ford’s luxury marque Lincoln is looking to gain a bigger foothold in the segment. Already praised in recent years for its stellar interior designs, the brand is looking to leverage the entire driving experience to attract and keep buyers. Look and feel have been addressed, now with its new Digital Scent Collection, it’s hoping to use smell to create a strong bond between owners and their luxury utes. Get details at Headlight.News.
The personal vehicles of the president’s past have been more curious than collectible. Barack Obama’s Chrysler 300C didn’t fetch the $1 million the initially asked for on eBay Motors. Now Joe Biden, the sitting president, sees his last car up for bid. He knows cars,...
If the Mitsubishi Outlander was just another plug-in hybrid SUV, that would be good enough to make this vehicle a strong contender. It’s got enough battery to cover 38 miles of electric driving on a charge. But the Outlander PHEV is much more than just another hybrid – it’s an effective all-weather driving machine with a sophisticated all-wheel drive system and a luxury interior. Read the whole review at Headlight.News.
The stagnation of electric vehicle sales isn’t slowing the charge of automakers into the market. Scout Motors, Volkswagen’s U.S. EV subsidiary, broke ground on its $2 billion plant in South Carolina. The company expects vehicles to begin rolling off the line there in 2026. Headlight.News has details.
EV maker Rivian plans to roll out its second product line, the R2, on March 7. However, to whet the appetites of the company’s aficionados and others who are interested in a smaller, less expensive electric SUV, it offered a short teaser video of what’s coming. The...
When Tesla delivered its first Cybertruck during a livestreamed event last November, CEO Elon Musk made a point of talking about just how tough and “literally bulletproof” the electric pickup is, even showing a video of it being raked by gunfire. Rust, however, may be Cybertruck’s Achilles Heel. Reports by some members on Cybertruck owner forums indicate the panels on their trucks have begun showing corrosion. The extent of the problem is uncertain, as is the cause. But, if it proves to be more than a rare fluke it could cause serious problems for Tesla, as Headlight.News reports.
Anyone who may have wondered about the potential success of offering EV buyers the option to get their tax credit at the time of sale, including using it as a down payment, can stop thinking about it — it’s working. The U.S. government’s paid out $135 million in electric vehicle tax credits in a little more than a month. Get details at Headlight.News.