Category: Automotive

Ford issues safety alert for 375,200 Ford Explorers with defect tied to 13 accidents

Select 2013-2017 Ford Explorers have a problem that diminishes steering control and is related to at least 13 reported accidents and six injuries, Ford announced on Wednesday. The company has issued a new safety recall for 375,200 vehicles in North America and Canada to fix a situation related to a previous recall.  Ford said some Explorers registered in places… Continue reading Ford issues safety alert for 375,200 Ford Explorers with defect tied to 13 accidents

@GM: GM Names Paul Jacobson Executive Vice President and CFO

GM Names Paul Jacobson Executive Vice President and CFO Former Delta Air Lines, Inc. CFO will help GM rapidly build scale in vehicle electrification and autonomous technologies 2020-10-30 DETROIT — General Motors Co. (NYSE: GM) announced today that Paul Jacobson has joined the company as executive vice president and chief financial officer, effective Dec. 1.… Continue reading @GM: GM Names Paul Jacobson Executive Vice President and CFO

@GM: GM Investing $2 Billion to Transition Spring Hill, Tennessee Plant to Build Electric Vehicles, including Cadillac LYRIQ

GM Investing $2 Billion to Transition Spring Hill, Tennessee Plant to Build Electric Vehicles, including Cadillac LYRIQ Additional investments at five Michigan plants planned for future crossover, pickup and Cruise AV production 2020-10-20 WARREN, Mich. — General Motors Co. (NYSE: GM) announced today that its Spring Hill, Tennessee assembly plant will begin the transition to… Continue reading @GM: GM Investing $2 Billion to Transition Spring Hill, Tennessee Plant to Build Electric Vehicles, including Cadillac LYRIQ

@Hyundai: Kia Canada makes it another month of sales success with best ever October performance

Kia Canada sets another company record with 7,460 units sold in October, up 19.4% over 2019.The all new Seltos quickly becomes a best seller for the brand with 1,936 units sold in October.Brand sets a record with best ever 431 certified pre-owned sales in October.This is the 7th month in 2020 with year over year… Continue reading @Hyundai: Kia Canada makes it another month of sales success with best ever October performance

Wireless charging provider WiTricity raises $34 million in venture capital

Wireless power transfer specialist WiTricity has closed a $34-million investment round. Stage 1 Ventures led the round, and investors included Air Waves Wireless Electricity and Mitsubishi Corporation (Americas). The infusion of capital will enable WiTricity to continue its wireless power platform development and expand its intellectual property portfolio. WiTricity is actively engaged with key standards… Continue reading Wireless charging provider WiTricity raises $34 million in venture capital