The EV share of the U.S. new car market has grown over 800% since 2019 – but it’s flattened out in recent months and industry analysts say the high cost of today’s all-electric models is a major problem as EVs go from niche to mainstream. Hyundai hopes to address that problem, a senior exec has hinted, with a new entry model likely to be dubbed the Hyundai Ioniq 2. More from Headlight.News.
Oil prices declined for months, taking gas prices down with them. However, that’s turn in recent weeks, but the price of gas continues to fall. Discover the role electric vehicles are playing in the fossil fuel trends at Headlight.News.
The U.S. auto industry set a new fuel economy record in 2022, according to the EPA – though Detroit’s Big Three automakers lagged both foreign-owned brands and domestic start-ups. It marked the biggest improvement in mileage in nine years. More from Headlight.News .
Nearly half of all Buick dealers are taking buyouts from General Motors. Many Cadillac dealers accepted similar buyouts previously, and it reflects dealer concerns about the cost of converting their showrooms and service departments to handle battery-electric vehicles. GM plans to go 100% EV by 2035, though the automaker is adjusting the pace of that transition as EV sales growth slows.
After three years of rising prices and a lack of traditional sales incentives, new vehicle buyers have good reason to celebrate this holiday season. Sticker prices are stabilizing and, in some cases, are even falling. Meanwhile, incentives are back in a big way, and are expected to continue rising in the months to come, reports Headlight.News.
Canada is the latest country planning to require automakers to sell 100% zero-emissions vehicles by 2035, though that could include hydrogen fuel-cell vehicles, as well as EVs. Two Canadian provinces previously laid out the same target — as have a number of other countries, including the United Kingdom. More from Headlight.News.
One of the nicest looking midsize SUVs you’ll find, the second-generation 2024 Volvo XC90 is an excellent of example of good looks and top-line technology. Check out the review at Headlight.News.
Chevy performance fans might be weeping a bit this week. The last Camaro coupe has rolled off the assembly line, less than a month after the final convertible version. But could there be a resurrection in store? More from Headlight.News.
Could your vehicle be giving you a bad reputation? Yes, according to Lending Tree. Find out what your vehicle says about you at Headlight.News.
Acura begins taking reservations for its first all-electric model, the ZDX, ahead of its official sales launch early next year. Get more detail about the new EV and ordering process at Headlight.News.
Like the kid getting revenge on the bully who used to kick sand on his face at the beach, the Ford F-150 came to the rescue of a humbled Tesla Cybertruck in a video now gone viral. Get the details at Headlight.News.
General Motors will lay off more than 1,300 hourly workers at two Michigan plants, the automaker said. The announcement follows a series of other job cuts as the industry comes to the end of a challenging year. Most of the GM workers are employed at a suburban Detroit plant undergoing major renovation for the launch for future EVs.