As car prices continue to increase, the fallout is growing with new car prices pushing more buyers into the used vehicle market. Unfortunately, this is also causing used car prices to rise, and buyers who think going for a much older used car on the lot will spare them the pain they’re going to be in for a shock.
Tesla’s second quarter results reflected the tough times the EV maker’s experiencing now that there is more competition and other issues impacting sales. While the company’s overall revenue rise slightly, its net income and automotive operations revenue took massive hits. Moreover, CEO Elon Musk doesn’t seem too bothered by the numbers. Get details at Headlight.News.
EV maker Tesla reported its overall revenue increased slightly in the second quarter, but it wasn’t because of its automotive operations, which fell 7%. The company reported net income and adjusted earnings were down year-over-year as well. Get the details at Headlight.News.
General Motors officials offered good news with the company’s second quarter earnings report, with revenue and profits up for the quarter as well as the first half of the year. In fact, the results were good enough for the company to revise its full-year earnings expectations upward. Find out more at Headlight.News.
The 2025 Honda Civic Si is taking an early bow ahead of the upcoming model year and it introduces an unusually extensive list of changes for what would normally be a mid-cycle “refresh,” with an assortment of new features, more standard equipment, new technology and, of course, the requisite tweaks to the front fascia and grille.
Since it made its debut nearly 35 years ago, The Ford Explorer has had a profound impact on the American auto industry, helping convince millions of motorists to move from sedans and coupes to SUVs and CUVs. Now, the automaker is rolling out a big update and while the 2025 Ford Explorer does get some design updates, much of the focus is on the new “Ford Digital Experience.” Headlight.News has this review.
Not long after it was founded, Cadillac adopted the slogan, “Standard of the World.” Many decades late, the luxury marque appears to be looking to be that once again. The brand’s latest effort, the Sollei Concept, reflects the company’s commitment to being the best of the best. Get the full story at Headlight.News.
Americans continue to pay near-record prices for new vehicles and they’re financing the purchases at near-record interest rates. The result? Vehicle repossessions rose 23% in the first half of the year. Find out more at Headlight.News.
The popularity of pickups remains unquestioned, and after a week in the 2024 Ford Ranger Lariat with the FX4 off-road package, it quickly becomes apparent why — they’re do-it-all vehicles. Find out more in our review at Headlight.News.
Anyone who bought a new car, truck or SUV last month likely paid a little more than they would have in May. Multiple factors are working in concert to keep prices higher than consumers would like. Get the story at Headlight.News.
The Cadillac Escalade gets an update for 2025, but it’s more than what you’d normally expect, mid-cycle. Along with the requisite tweaks to exterior and interior styling, it adds an assortment of new tech features, including power-operated doors and a 55-inch pillar-to-pillar digital display borrowed from the new, all-electric Escalade IQ. Here’s a closer look.
Many EV makers want to see just how far they can get their vehicles to travel on a single charge or how fast it can recharge using a fast DC charger, but Lucid’s improved its industry-leading efficiency to a new high. Find out more at Headlight.News.