Tesla is issuing a voluntary recall for about 15,000 Model X electric SUVs in order to replace a power steering component that could be an issue. In 2018, Tesla issued a similar voluntary recall on all 123,000 pre-April 2016 Model S vehicles. Now the automaker is addressing the same issue “proactively” on Model X vehicles… Continue reading Tesla issues voluntary recall for 15,000 Model X electric SUVs
Category: News Site
Ion Electric in talks to raise $3m from Monk’s Hill Ventures
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading Ion Electric in talks to raise $3m from Monk’s Hill Ventures
Karma Automotive to lay off 60 more workers at California headquarters
Karma Automotive is laying off 60 workers at its Irvine, Calif., headquarters, just three months after cutting 200 workers, according to documents filed with the California Employment Development Department. The Chinese-backed California-based startup filed the notice under the Worker Adjustment and Retraining Notification Act, which requires employers to alert the state of mass layoffs. The… Continue reading Karma Automotive to lay off 60 more workers at California headquarters
E.ON And Volkswagen Aim To Make Fast Charging Possible Everywhere
Energy company E.ON and Volkswagen Group Components join forces to make ultra-fast charging simpler, less expensive and possible everywhere – compared to standard solutions. The idea is to use a fast charger equipped with its own battery energy storage, so the unit would be flexible in terms of power supply and faster to install. In most… Continue reading E.ON And Volkswagen Aim To Make Fast Charging Possible Everywhere
Hyundai 45 Concept To Enter Production: Spy Shots Of Prototype
The Hyundai 45 concept was one of the most interesting concepts at the 2019 Frankfurt Motor Show (see details here) and it seems it will enter production in the near future (maybe in 2021). Our spies recently caught one of the prototypes. The test vehicle (codenamed NE internally) was heavily camouflaged, which confirms that Hyundai… Continue reading Hyundai 45 Concept To Enter Production: Spy Shots Of Prototype
Tesla recalls 15,000 Model X SUVs for power steering issue in North America
FILE PHOTO: A Tesla Model X electric car is seen at Brussels Motor Show, Belgium, January 9, 2020. REUTERS/Francois Lenoir/File Photo WASHINGTON (Reuters) – Tesla Inc (TSLA.O) is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make steering harder and increase… Continue reading Tesla recalls 15,000 Model X SUVs for power steering issue in North America
Fiat Chrysler Latam CEO sees 1.5% auto sales growth in the region
SAO PAULO (Reuters) – Fiat Chrysler expects Latin America auto sales to grow 1.5% this year, to 4.2 million units, as Brazil’s economic recovery offsets economic crises in other markets such as Argentina. Fiat Chrysler’s CEO for the region, Antonio Filosa, told journalists the automaker will increase its powertrain production and begin sales of a… Continue reading Fiat Chrysler Latam CEO sees 1.5% auto sales growth in the region
Nissan sues Carlos Ghosn for $90m in damages
TOKYO (Kyodo) — Nissan Motor Co. said Wednesday it has filed a 10 billion yen ($90 million) damages suit against former Chairman Carlos Ghosn over “his corrupt practices,” staging a face-off with the fugitive former boss who has accused the automaker of “conspiracy” to oust him. Nissan said the lawsuit at the Yokohama District Court… Continue reading Nissan sues Carlos Ghosn for $90m in damages
Mazda delays restart of Chinese factories amid coronavirus threat
TOKYO — Mazda Motor has decided to postpone restarting production at its Chinese factories until after Feb. 17 due to the ongoing coronavirus threat. The Japanese automaker had planned to resume operations at its main factory after Feb. 12, but has delayed the reopening to next week as it struggles to deal with supply chain… Continue reading Mazda delays restart of Chinese factories amid coronavirus threat
Fair Ends Weekly Rentals for Uber Drivers
A spokesperson from Fair said that an unexpected increase in insurance premiums would have increased prices for its rideshare driver customers. Photo via Uber. Fair, a car leasing company, has announced that it will end its Fair Go program that helped Uber rideshare drivers lease cars on a weekly basis, according to a report by… Continue reading Fair Ends Weekly Rentals for Uber Drivers