Tesla recalls over 1.1 million cars in China over braking flaw

A software fix will apply to nearly every car Tesla has sold in the country. Tesla’s latest large-scale recall effectively covers its entire output for one nation. China’s market regulator has ordered a recall of over 1.1 million Tesla cars, or nearly all the vehicles it has sold in the country, over a reported flaw… Continue reading Tesla recalls over 1.1 million cars in China over braking flaw

VINFAST VF 8 VEHICLES ARRIVE IN THE U.S. – WITH BATTERY RANGES OF UP TO 264/243 MILES (ECO/PLUS TRIM)

LOS ANGELES, May 12, 2023 /PRNewswire/ — VinFast announced the arrival of its second shipment of electric vehicles, consisting of 1,879 VF 8 vehicles at the Port of Benicia in California. The VF 8 has a certificated EPA range at 264 miles for the Eco trim and 243 miles for the Plus trim per full… Continue reading VINFAST VF 8 VEHICLES ARRIVE IN THE U.S. – WITH BATTERY RANGES OF UP TO 264/243 MILES (ECO/PLUS TRIM)

PacWest, Goodyear, Peloton recall: Thursday’s top stories

Yahoo Finance Live anchors Akiko Fujita and Seana Smith highlight several of today’s leading news stories. Video Transcript AKIKO FUJITA: It is closing time here at Yahoo Finance. Let’s get you caught up on some of the biggest headlines of the day. First up, more regional bank concerns. Shares of PacWest plummeted after the bank… Continue reading PacWest, Goodyear, Peloton recall: Thursday’s top stories

@niche: MANUEL LETTENBICHLER IS READY TO RACE HEWC 2023002697

Dear Sir/Madam, Welcome to our Press Center. May we express our pleasure at the fact that you have chosen to use the pool of information regarding our company and its products and services. This information and content is made available by KTM Sportmotorcycle GmbH, Betriebsgebiet Süd, Stallhofner Straße 3, A-5230 Mattighofen, Austria, and we are… Continue reading @niche: MANUEL LETTENBICHLER IS READY TO RACE HEWC 2023002697

Toyota Glanza sells over 100,000 units since launch

Toyota Kirloskar Motor’s premium Glanza hatchback has driven past the 100,000-unit sales milestone in the domestic market. The Glanza is intrinsically the rebadged Baleno, which Maruti Suzuki India manufactures at Suzuki Motor Corp’s plant in Gujarat for Toyota Kirloskar Motor. Launched on June 8, 2019, the Glanza has, till end-March 2023, sold a total of… Continue reading Toyota Glanza sells over 100,000 units since launch

Bill Ford, Jim Farley took random questions from shareholders during meeting

Ford CEO Jim Farley and company chair Bill Ford fielded questions from shareholders ranging from concerns about quality to stock price and future products during the virtual annual shareholders meeting Thursday. Perhaps the question most associated with the financial bottom line: “Quality has been an issue for the past two years. What steps have been… Continue reading Bill Ford, Jim Farley took random questions from shareholders during meeting

Polestar and Volvo are the latest automakers caught in software purgatory

Software, it turns out, is hard for automakers. And building a so-called software-defined car — the term du jour in automotive circles — is even harder. Software development problems have led to executive shakeups at VW Group, bricked vehicles, recalls and generally unpleasant vehicle experiences. Now, Polestar and Volvo Cars have gotten caught up in… Continue reading Polestar and Volvo are the latest automakers caught in software purgatory

Tesla shouldn’t call driving system Autopilot, Buttigieg says

Washington — Tesla shouldn’t be calling its partially automated driving system Autopilot because the cars can’t drive themselves, the top U.S. transportation official says. Transportation Secretary Pete Buttigieg says he’s concerned about Tesla’s marketing of the system, which is under investigation by his department in connection with crashes that have caused at least 14 deaths. “I don’t think that… Continue reading Tesla shouldn’t call driving system Autopilot, Buttigieg says

PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 8% AND ANNOUNCES ADDITIONAL SECURITIES REPURCHASE AUTHORITY

BLOOMFIELD HILLS, Mich., May 11, 2023 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers, today announced that its Board of Directors has authorized an increase in the Company’s quarterly dividend by $0.05 per share, or 8%, to $0.66… Continue reading PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 8% AND ANNOUNCES ADDITIONAL SECURITIES REPURCHASE AUTHORITY

Peloton recalls 2.2 million Bikes over safety issues

The company will offer customers a free seat post after dozens of reports of the part breaking during use. Peloton has had a rough couple of years after pandemic restrictions lifted and people returned to working out at the gym and outside. Now, the company has suffered yet another body blow. A voluntary recall has… Continue reading Peloton recalls 2.2 million Bikes over safety issues