Automakers face a slew of problems regularly: emissions compliance, workplace or office issues, quality shortcomings and more. However, the problem of counterfeit parts affects them all. Mercedes-Benz works with law enforcement globally to combat the problem, which can make vehicles less safe and certainly takes money out of the automaker’s coffers. Check out what Mercedes and the rest of the industry is dealing with at Headlight.News.
Technology
GM Aims to Drive Down Prices, Drive Up Profits, as it Continues EV Roll-Out
The growth of the EV market has clearly slowed this year, General Motors President Mark Reuss said during a media confab, but sales are still on the rise and GM continues planning to gain ground, even as it delays some product launches. A critical step will be driving down prices, even as profitability improves, said Reuss, who oversees GM’s product development efforts.
Hyundai, Kia Cuts “Most Stolen” Cars Theft Rate in Half with Software Upgrade
A few years ago, late model Hyundai and Kia vehicles were in the spotlight — the kind no automaker enjoys. Car thieves found a simple way to steal the cars because there were no immobilizers on them. The issue became such a problem a documentary film about the Kia Boyz was made, revealing the dangerous exploits of the car thieves. The automakers implemented a software update that appears to have put a dent in the problem. Go to Headlight.News for the story.
NILU V-12 Hypercar Is Nod To The Purists, Makes 1,000 hp
The current crop of hypercar models is an impressive field of entries but what if you’re a buyer who craves a model that takes them back to a time when style and outright displacement were the proverbial building blocks for a performance beast? A small company called Nilu27 might have the solution with the all-new Nilu V12 hypercar.
Rivian Beats Q2 Earnings Estimates, Predicts Q4 Profit
EV maker Rivian beat its second quarter earnings estimates, but more importantly predicted it would be in the black for the first time ever in the final quarter of 2024. A series of cost cutting measures and changes to the way the company sells vehicles combined to make the second quarter a good one. Find out more at Headlight.News.
Quid Pro Quo? Musk Money in Hand, Trump is Now an EV Fan
Donald Trump has pulled a U-turn and now says he is now “totally” in favor of EVs. The Republican nominee for president said he had “no choice” but to rethink his position after previously bashing battery-electric vehicles now that Tesla CEO Elon Musk has become one of Trump’s biggest financial backers in an increasingly tough campaign.
Lucid Secures More Funding, Beats Analysts Q2 Earnings Estimates
EV maker Lucid Motors offered up good news during its second quarter earnings call as it secured as much as $1.5 billion in new cash just in time to begin production of its second vehicle, the Gravity SUV. The company also managed to beat analysts’ estimates for the quarter. Find out more at Headlight.News.
First Drive: 2025 Ram ProMaster EV
Online retailing will generate over $1.2 billion in revenues this year. And whether you’re buying from Amazon, WalMart, Target or countless other Internet retailers your package is likely to will make it to your doorstep in a delivery van. Increasingly, those vans are going electric as fleet operators seek low-cost solutions. Now, Ram is getting into the game with the new ProMaster EV. Headlight.News had a chance to take the rig for a run – without having to make any delivery stops.
Mercedes Takes Aim at Tesla’s Best-Seller with Electric CLA
Even as its sales start to slide, Tesla is coming under increasing fire from competitors who hope to chip away at its market share which still dominates the EV market. And Mercedes-Benz is taking aim at Tesla’s best-seller with an all-new, battery-powered version of its compact CLA model set to debut next year.
Ford Patent Could Let Cars Tattle on Speeders
Ford applied for a patent for a new system that could allow a driver to monitor whether other vehicles are speeding, information that could then be reported to police – though the automaker says it sees the technology as a way to make it even easier for cops to crack down on speeders. Meanwhile, Ford and other automakers face new legislation that could require future vehicles to come with speed limiters.
Toyota Upgrades 2025 GR Corolla – and it’s Likely to Expand the Appeal of the Hot Hatch
When Toyota rolled out the GR Corolla two years ago it did a lot to change the image of a compact model long known for its plain vanilla styling and lackluster styling. But for many potential buyers there was one big drawback: its lack of an automatic transmission. That’s the biggest issue Toyota is addressing with the 2025 GR Corolla update. Here’s more.
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.