Automakers post strong sales for July as the industry still deals with high interest rates and the aftershocks from the CDK computer hack.
Sales
Plug-in Hybrids Now Outselling EVs
As EV sales growth slows, automakers are looking for other ways to reduce emissions without turning off potential buyers. That’s led to a wave of new plug-in hybrids coming to market – and to a surge in demand for PHEVs which grew 50% globally during the first five months of the year. But will they continue to outpace all-electric models? That’s a matter of debate.
A Week With: 2024 Chevrolet Blazer EV: A Hint of Great Things to Come
The Blazer name has had a long history at Chevrolet. In its newest incarnation it offers a sign of the direction the bowtie brand plans to take in an electrified automotive market. But does it live up expectations? Jeff Zurschmiede spent a week with the new Chevy Blazer EV to find out.
Ford Maverick Hybrid Goes AWD for 2025
It may be the smallest pickup in Ford’s North American line-up but the Maverick has been a big success since its launch three years ago. And Ford hopes to keep the momentum going with the 2025 update of the compact truck by adding an all-wheel-drive version of the Maverick hybrid, as well as an assortment of new tech features.
July Wraps Up With Strong Economy, Modest Upturn in Vehicle Sales
While automakers are still tallying up the final numbers, they’re expected to reveal that, boosted by a strong economy, July vehicles sales bounced back after a weak June. Here’s a preview of what we’re likely to see.
Tesla Recalls 1.85 Million Vehicles in the U.S.
EV maker Tesla Inc. announced plans to recall 1.85 million vehicles due to a problem with hood latch. The issue is software related so it will be resolved with an over-the-air update. To get more details, go to Headlight.News.
CFO Warns Stellantis Could Sell Off Maserati
As it looks to potentially consolidate a list of 14 automotive brands, Stellantis could sell off its most exclusive, Maserati, due to weak sales, a senior official warned. That’s on top of several other brands which, Headlight.News reported last week, may be shuttered entirely.
A Week With: 2024 Polaris Slingshot Roush Edition
Every summer I look forward to two weeks with one car: the Polaris Slingshot. This three-wheel sports beast looks like few things on the road today. It not only continues to attract favorable attention, the company continues to make it better each year. Find out what we thought after two weeks with the Slingshot at Headlight.News.
July New Vehicle Sales Expected to Mimic June’s Ho-Hum Result
Analysts predict sales of new cars, trucks and SUVs in July won’t set the world on fire — just like last month. This means the industry will need to wait another month to recover the sales lost due to the cyberattack against the nation’s auto dealers. Find out more at Headlight.News.
Old Used Car Prices Spiking Due To New Cars Being More Expensive
As car prices continue to increase, the fallout is growing with new car prices pushing more buyers into the used vehicle market. Unfortunately, this is also causing used car prices to rise, and buyers who think going for a much older used car on the lot will spare them the pain they’re going to be in for a shock.
Investors Unhappy with Tesla’s Results, Musk’s Explanation
Tesla’s second quarter results reflected the tough times the EV maker’s experiencing now that there is more competition and other issues impacting sales. While the company’s overall revenue rise slightly, its net income and automotive operations revenue took massive hits. Moreover, CEO Elon Musk doesn’t seem too bothered by the numbers. Get details at Headlight.News.
Tesla Takes a Q2 Hit Due to Automotive Business
EV maker Tesla reported its overall revenue increased slightly in the second quarter, but it wasn’t because of its automotive operations, which fell 7%. The company reported net income and adjusted earnings were down year-over-year as well. Get the details at Headlight.News.