The amount consumers are paying for new cars, trucks and utility vehicles continues to decline, falling 2.6% in January to $47,401. Find out what’s driving prices down at Headlight News.
Sales
Chicago Pulls Off Interesting Auto Show — Even as It Shrinks
The delicate status of auto shows is on full display lately. Now in full swing, the Chicago Auto Show is one of the now-smaller events looking — and finding — ways to remain relevant to new buyers as well as new media. Check out the story at Headlight.News.
Chevrolet Announces Range, Delivery Dates for Equinox EV – But Pricing Misses Original $30,000 Target
Chevrolet is rapidly ramping up its battery-electric vehicle lineup, with a mix of products soon to include the Chevy Equinox EV. With deliveries slated to begin “in coming months,” the bowtie brand has released range and other information about the all-electric compact crossover. But the Equinox EV won’t be as affordable as had originally been signaled. Get the details at Headlight.News.
EV Makers Cutting Prices Again
Tesla and Rivian have gotten the scissors out again, cutting prices on their new offerings. The reductions are temporary for Tesla while Rivian’s cuts are designed to help offset being ineligible for part of the $7,500 federal tax credit. Get the details at Headlight.News.
As EV Sales Growth Slows, Automakers Accelerate Hybrid, Plug-In Plans
Volkswagen “remains committed” to its aggressive EV program, the automaker’s U.S. chief executive said. But, as sales growth slows, the German auto giant is also considering adding hybrids and plug-in hybrids to its American fleet. And it’s not alone. Other manufacturers who’ve made major commitments to EVs, such as Kia, are also turning to hybrids to help them meet emissions targets because of consumer resistance to all-electric vehicles.
2025 Kia Carnival Makes Windy City Debut
Kia pumped life into an otherwise quiet Chicago Auto Show today, launching two new models at the McCormick Place Convention Center, including a new version of the Carnival people-mover which adds new technology, an updated design and a fuel-saving hybrid drivetrain option. Headlight.News checks out the 2025 Kia Carnival.
First Look: 2025 Kia K5 Gets Midcycle Update
More power from a new base engine, more tech, new safety features and a midcycle design update, Kia rolls out the 2025 K5 sedan at the Chicago Auto Show. Headlight.News checks it out.
A Week With: 2024 Volvo V60 Cross Country B5 AWD
Volvo’s long been known for its wagons, and the latest V60 Cross Country conjures up memories of wagons past. Check out our review at Headlight.News.
Porsche’s Charged Up about 2025 Taycan Trio
Porsche made waves a few years ago when it introduced the all-electric Taycan. Now that we all know how to say the name correctly, they’ve rolled out the next iteration of its bestselling battery-electric model for the 2025 model year. Get details at Headlight.News.
First Look: 2025 Mini Cooper and Mini Cooper S
Months after rolling out the all-electric Mini Cooper SE, the British automaker has finally lifted the covers on two new gas-powered versions of the three-door hatchback, the 2025 Mini Cooper and Mini Cooper S. More from Headlight.News.
Ford CEO Farley Reveals “Skunkworks” Program Developing Low-Cost EV
With EV sales growth flattening out, automakers are struggling to find ways to charge them back up. A critical step will require the launch of new, affordable models like the Model 2 Tesla reportedly is developing. During an earnings call, Ford CEO Jim Farley said he’s not planning to cede the market to his rival, revealing that the second-largest Detroit automaker has a “skunkworks” project underway to develop new EVs that could match, perhaps even undercut what Tesla is working on.
Ford Reports Q4 Loss, but Enjoys Full Year Profits
Ford took a hit in the fourth quarter courtesy of a massive charge, reporting a loss for the period. However, the company saw its revenue rise and it finished in the black for 2023. Get details at Headlight.News.