Stellantis is cutting another 1,100 jobs, the latest furloughs impacting workers at the Toledo, Ohio plant producing Jeep products such as the Wrangler and Gladiator. The news comes at a time when other manufacturers, including Nissan and Audi, are paring back at a time of weakening sales.
Sales
Nissan Slashes 9K Jobs, Cuts Production 20% After Disastrous First Half of 2024
Nissan Motor Co.’s struggles not only continued in the first half of fiscal year 2024, they worsened. The results forced the automaker to make dramatic moves to shore up losses, including slashing 9,000 jobs worldwide and cutting production by 20%. Find out more what happened at Headlight.News.
Toyota Earnings Hit by Sales, Quality, Production Issues
In a rare and unexpected setback, Toyota suffered a 20% dip in its operating profit for the most recent quarter, the automaker hit by a variety of problems including recalls and quality snags that delayed the launch of the new 4Runner. But a senior U.S. official said the Japanese giant expects to get back on track in months ahead.
Rising Inventory Levels Giving More Power to New Vehicle Buyers
New data reveals that consumers may be in the driver’s seat when it comes to getting a good deal on a new vehicle. According to Cloud Theory, new vehicle inventory levels are approaching oversupply, which shifts things in favor of new vehicle buyers. Get details at Headlight.News.
Automakers Flock to SEMA Show to Display Latest Aftermarket Wares
One area that often gets lost in the shuffle for automakers is their aftermarket business. However, each year they all converge on Las Vegas for the annual SEMA show to show off what consumers can buy to make their vehicles go faster, be louder, ride higher or go more places. Headlight.News offers a sampling of what you can find at the show.
Politics Becoming Less of a Factor in Who Buys – or Rejects EVs
Among all the divisive issues that the 2024 presidential race has brought to the fore you can add battery-electric vehicles. Studies have shown a clear divide between Democrats and Republicans when it comes to EVs – but a new study suggests that, going forward, who you vote for might have less of an influence on whether you go electric in the future.
Jeep Slashes Prices on Wagoneer, Grand Wagoneer to Counter Weak Demand
Been eyeing one of the Jeep Wagoneer or Grand Wagoneer models but turned off by the high price tag? Then you’ll likely appreciate the automaker’s decision to slash prices by as much as $7,000 on new 2025 models – though you also can expect retailers to start offering good deals on leftover 2025 SUVs.
Feds End Query into 411K Ford Vehicles Suddenly Losing Power
The National Highway Traffic Safety Administration announced it was ending its investigation into complaints about a problem with Ford pickups and SUVs suddenly losing power. It covered as many as 411,000 vehicles. Get details at Headlight.News.
A Week With: 2025 BMW i5
The midsize 2025 BMW i5 sedan retains the approach BMW uses for its newest battery-electric models, resulting in another impressive EV. Check out our review at Headlight.News.
October Auto Sales Rebound – Driven by Surging Korean Brands
U.S. auto sales rebounded from a September lull. Though, with an uncertain election looming over the country, automakers posted relatively modest gains in October, largely driven by surging South Korean automakers.
EV Sales Keep Rising While Falling in Line with Americans Like Best: SUVs
Automakers persist in their efforts to find the right balance between EV, hybrid and ICE vehicle production. The mythology suggests that EVs have stagnated, but that’s simply not true. They have slowed from their unsustainable pace, but they continue to rise. The increases come, in part, because the newest electric vehicles come in the buyers favorite form: SUVs. Find out more at Headlight.News.
A Week With: 2024 Jeep Gladiator Mojave — Two Vehicles in One
The Jeep Gladiator is essentially a longer wheelbase version of the four-door Wrangler Unlimited, with a pickup bed behind the rear seats. Our Jeff Zurschmeide spent a week testing the 2024 Gladiator out along the scenic Oregon coast. Here’s his review.