Cadillac’s push into the EV market is picking up speed as it reveals its fifth all-electric model – and the third unveiled this year. Headlight.News checks out the new Caddy Vistiq, an EV alternative to the three-row Cadillac XT6. More from Headlight.News.
Vehicle prices have surged at a record pace over the last decade, rising more than 50%, and pricing many potential buyers out of the market. To give them an alternative, Honda and its upscale sibling Acura are upgrading their certified pre-owned program, not only offering near-new models but adding more ways to finance them, including leasing – as well as the ability to shop for them online, the two brands announced Thursday.
Burl Ives sings that it is “the best time of the year,” but that may not be so if you are one of the expected 115.2 million people expected to travel more than 50 miles during the 10-day holiday period — nearly a record. Find out more at Headlight.News.
Consumers actually paid more for a new vehicle in November than October, but compared to last November prices fell 1.5%. It was the third straight month prices dropped when compared to year-ago numbers. Find out why at Headlight.News.
The United Auto Workers is stepping up its campaign to organize workers in Southern states, filing a series of unfair labor practice complaints against Honda, Hyundai and Volkswagen as part of the effort. Headlight.News has details.
Ford Motor Co. will slash production of its F-150 Lightning early next year, the automaker confirmed, reflecting a drop in customer demand. Ford had only recently completed a major expansion at the Dearborn, Michigan plant building the all-electric pickup to respond to initial demand following Lightning’s launch in spring 2022.
Facing declining demand for its Jeep Wrangler, Grand Cherokee and Gladiator models, Jeep says it will cut as many as 3,700 jobs at plants in Michigan and Ohio — and its putting at least some of the blame on California’s tough emissions rules.
Fans of the Chevrolet Bolt have ridden a roller-coaster this year. Parent General Motors initially indicated the Bolt would go away as it switched to EVs based on its new Ultium platform, then said an all-new Bolt would return, also using that updated technology. Now, says GM, only the longer, SUV version, the Bolt EUV, will rejoin the line-up. That means buyers will have to say goodbye to the original 5-door hatchback Bolt EV, after all.
With many parts of the U.S. preparing for winter weather on the horizon — i.e. snow — Polaris rolling out an updated lineup of vehicles isn’t a surprise. However, the company is showing off the newest iteration of its three-wheeled autocycle, the Slingshot. Check it out at Headlight.News.
With rare exception EVs have been big money-losers for the auto industry. But there are a few exceptions, starting with Tesla. Now, Stellantis CEO Carlos Tavares says his companies electrified vehicles also are “in the black.” Speaking at an industry conference, Tavares warned that automakers who can’t improve margins could be forced out of business by the end of the decade.
Just after revealing its electric vehicles are profitable, Stellantis continues to do things a little differently. The company just inked a deal with a company called Ample to use its battery swapping technology for the automaker’s Free2Move fleet of Fiat 500e EVs in Europe. Find out more at Headlight.News.
Consumers have been concerned about the affordability of vehicles for some time now. Rising prices for new vehicles combined with a constant stream of interest rate hikes have made buying a new vehicle a more expensive proposition until recently. Find out what’s changed at Headlight.News.