Everything seemingly costs more these days; however, consumers looking to buy a new vehicle saw the final amount they paid for a new car, truck or utility vehicle fall by 2.4% for the year. The year-over-year drop in prices came despite an uptick of 1.3% in the year’s...
With their market share under pressure, German brands Audi, BMW and Porsche succeeded in posting record sales for 2023 as the industry had its best year since the pandemic crushed sales and the supply chains. Find out more at Headlight.News.
The North American International Auto Show is returning to January, reversing an effort to build attendance by moving the annual event to a summer schedule. Like other auto shows in the U.S. and Europe, the Detroit Auto Show has suffered from declining interest by both the public and the automakers who once saw it as a must-attend event.
Vietnamese automaker VinFast hopes to reboot its image at CES 2024 with new dealers and new ideas, including a truck and an electric bike. Check out what the company revealed at the event at Headlight.News.
Despite its increasingly aggressive push to electrify, Volkswagen isn’t walking away from some of its most familiar models, notably the Golf GTI. And it offered a first, thinly disguised look at the hot hatch, due out next year, during a news conference at CES 2024 this week.
Many Tesla critics often ask, if the company released a next-gen variant of any of its vehicles, would anybody know? Apparently, the answer is yes as Tesla has just released the latest version of its Model 3 sedan. Headlight.News has details.
Honda was slow to enter the long-range EV market — and then only with the help of General Motors. Now, the Japanese automaker wants to go it alone and it’s showing off what it has in mind with the debut of two distinctive new concepts from its new Honda 0 series at CES 2024.
Hyundai is one of a small handful of automakers currently marketing a hydrogen fuel-cell vehicle. But the South Korean carmaker sees much broader applications for the zero-emission technology and highlighted where that’s taking it during a presentation at the Consumer Electronics Show in Las Vegas on Monday.
Since announcing plans to enter the U.S. market, Vietnamese automaker VinFast has faced a series of problems and responded with a series of management shakeups. The latest sees its CEO “transition” to a new job, while founder Pham Nhat Vuong takes over her post. The automaker also said Saturday that it has replaced its chief financial officer.
After a few hiccups, Vietnamese automaker VinFast is on the move again in the U.S., adding four independent dealers to its network as well as preparing to introduce two concept vehicles at CES that could find their way into those dealerships in the future. Get details at Headlight.News.
Today’s cars already function as computers on wheels, some equipped with over 100 onboard microprocessors. But tomorrow’s vehicles will go significantly further, offering the sort of software-based features and functions found on Apple and Android smartphones and making use of the latest AI technology. Tomorrow’s “software-defined vehicles” will transform what motorists can do while driving – while generating hundreds of billions of dollars in new revenue streams for automakers. We’ll get a look at what this means at the upcoming Consumer Electronics Show in Las Vegas.
While most automakers rejoiced at the release of the December, fourth-quarter and full-year sales results for 2023, Ford and Stellantis didn’t enjoy it quite as much when they revealed their numbers. Get details at Headlight.News.