BMW reportedly forced to slash prices as slow-selling XM performance SUV remains glued to dealer lots
Sales
May Car Sales – Who Gets The Most Speeding Tickets – Ford’s Big News – Toyota Crown Signia Review – This Week in Automotive History Top This Week’s Headlight.News Podcast
Headlight News for the Week of 6-10-24 – May Auto Sales – Who Gets The Most Speeding Tickets – Ford’s Big News – Toyota Crown Signia Review – and This Week in Automotive History
Automakers Moving New Vehicles, But Toyota’s Actually Selling Them, Report Says
Automakers continue growing a previously tight inventory of new vehicles. Having these vehicles on dealer lots gives consumers more choices — choices that turn into purchases eventually. New vehicle movement hit 1.2 million vehicles in May, which is a good sign. However, which automaker is building inventory, and which is selling vehicles is the key differentiator. Get details at Headlight.News.
No EV Slowdown for GM, May Brought “Best Month Ever,” Says CEO Barra
The growth of the U.S. EV market may be slowing for the auto industry overall, General Motors sales were charged up, according to CEO Mary Barra, who said the automaker had its “best month ever” in May. But the automaker is still ready to adjust its electrification plans.
Mopar Releases Annual Special Edition Vehicle
Each year, Mopar, the aftermarket business for Stellantis, puts together a special edition vehicle using components from its portfolio. This year the business unit took on the Jeep Gladiator for a limited run of 250 vehicles. Get details at Headlight.News.
Virginia Quits “Misguided” California EV Mandate
Gov. Glenn Youngkin announced Wednesday that Virginia is walking away from the California electric vehicle mandate which he termed “misguided” and “fundamentally wrong.” Seventeen states and the District of Columbia have adopted the rules which set strict targets for the adoption of zero-emission vehicles, primarily EVs. The move by Youngkin, a Republican, faces legal challenges, however.
Shift to Plug-in Hybrids and Range-Extenders Accelerates
While growth in the battery-electric vehicle segment has slowed sharply this year, sales are rising fast for hybrids – and automakers like Toyota, General Motors, Hyundai Motor Group and others are forecasting demand could grow at a near exponential rate for plug-in hybrids and range-extenders – driven in part by revised federal emissions standards.
Chevy Offers Second Tease of Upcoming Corvette ZR1
Chevrolet teased the soon-to-arrive Corvette ZR1 for the second time. This time, the short video on YouTube offers a look at the rear end of the next model as well as some very clear sound. The new model definitely offers a different note … perhaps that of a twin turbo? Get details at Headlight.News.
Toyota, Honda, and Hyundai Report Strong Sales During May, Electrified Vehicles Leading The Way
Automakers post strong May sales numbers as they prepare for summer sales surge. Toyota and Lexus have strong showing while Kia and Hyundai bank on EVs.
$25,000 Jeep EV Coming “Very Soon,” Says Stellantis CEO
The Jeep brand just launched its first EV for the U.S. market but more are on the way – including a $25,000 all-electric SUV that should be on sale “very soon,” according to Carlos Tavares, CEO of Jeep parent Stellantis.
Jeep Will Offer Six Different Electrified Powertrain Options: From Mild Hybrid to EV
Jeep launched its first all-electric model, the Wagoneer S, this week and has more coming. But the brand wants to give buyers “freedom of choice” and, rather than go 100% EV, officials told Headlight.News they’ll soon offer six different electrified powertrain...
First Look: 2024 Jeep Wagoneer S
Jeep official unveiled its first all-electric model during a media event in New York City on Thursday – but officials made it clear the 2024 Jeep Wagoneer S won’t be the brand’s only battery-electric vehicle for long, with the Wrangler Recon quickly set to follow. Headlight.News was on hand for the new EVs debut.