EV makers Rivian and Lucid reported their third quarter earnings results. When the dust settled Rivian was reassuring shareholders while Lucid was celebrating with them. Find out how each automaker did at Headlight.News.
Technology
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.
Trump’s Second Term Presents Opportunities, Poses Risk to Auto Industry, Says Top Toyota Exec
After scoring a major win in the election this week, President-elect Donald Trump is widely expected to move quickly on a broad agenda when taking office next January. He has made it clear this will include a number of issues critical to the auto industry, including tariffs and EVs. That presents some significant opportunities for manufacturers, but also poses quite a few risks, said a senior Toyota executive who spoke to Headlight.News shortly after Trump’s victory was confirmed.
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.
EV Start-Up Canoo Teeters Over the Edge
With its losses mounting and stock price tumbling, Canoo appears to be the latest EV start-up to face the threat of collapse. The company furloughed 30 employees at its factory in Oklahoma, even as two more of its top executives resigned.
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.
The Past Lane: Happy Anniversary Chevrolet Small-Block
After seven decades, Chevrolet’s second V-8 is an engineering and performance icon. And the bowtie brand’s very survival is tied to that small block engine.
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.
Toyota’s Tacoma TRD ProRunner Race Concept Celebrates Baja Racing
Toyota celebrates Baja Racing and pushes the envelope of off-road capability with the Tacoma TRD ProRunner Race Concept.
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.
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.