Tesla CEO Elon Musk is looking for a trade: power for influence. It’s an oversimplification, but he wants 25% of the company’s voting power in order to continue developing AI-based technologies. Get details at Headlight.News.
Sales
Nissan Delaying Two U.S.-Made EVs — Again
Nissan delays the launch of two all-electric sedans it had planned to produce at its factory in Canton, Mississippi. The move comes as the auto industry, overall, reacts to a slowdown in the growth of EV sales. Headlight.News has more.
Despite Massive Snow Blast, Iowa Best State for Drivers
Check out the news in recent days and you’ll endure a blizzard of pictures of semi trucks and other vehicles that have slid off the road in Iowa in the wake of a recent snow storm. That said, a new study shows that if you’re a driver, Iowa is the place to live. Get details at Headlight.News.
Buyers Get a Break in 2023 as New Vehicles Slide
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...
Sales of German Brands Climb But Market Share Dips
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.
Detroit Auto Show Moving Back to January
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.
VinFast Introduces New Concept Pickup truck and Micro-SUV at CES
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.
First Look at the 2025, ChatGPT-enabled Volkswagen Golf GTI
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.
Tesla Unveils New Model 3
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 Zeroes in on a New Line of EVs with Debut of Two Edgy CES Concepts
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 Doubles Down on Hydrogen 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.
Shakeup at Troubled VinFast: Vietnamese Automaker Names New CEO, CFO
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.