AAM Reports Fourth Quarter and Full Year 2022 Financial Results

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PENSKE AUTOMOTIVE GROUP ANNOUNCES ADDITIONAL SECURITIES REPURCHASE AUTHORITY OF $250 MILLION

BLOOMFIELD HILLS, Mich., Feb. 17, 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 delegated to management $250 million in authority to repurchase the Company’s outstanding securities.  This repurchase authority is… Continue reading PENSKE AUTOMOTIVE GROUP ANNOUNCES ADDITIONAL SECURITIES REPURCHASE AUTHORITY OF $250 MILLION

@niche: JOSEP GARCIA IS READY TO RACE THE 2023 ENDURO SEASON002518

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: JOSEP GARCIA IS READY TO RACE THE 2023 ENDURO SEASON002518

Tesla denies firing New York workers in retaliation for union activity

It said the Autopilot employees who were let go were low performers. Tesla has denied that it terminated employees at its Buffalo, New York Autopilot facility in response to a new union campaign. Days after workers at the facility sent a letter to company chief Elon Musk stating their intention to unionize, the campaign’s organizers… Continue reading Tesla denies firing New York workers in retaliation for union activity

Cleantechnica: NHTSA Issues Tesla FSD Recall Notice — The Details 002593

On February 15, the National Highway Transportation Safety Administration (NHTSA) issued a recall notice for certain Tesla vehicles equipped with the so-called Full Self Driving (FSD) suite of driver assistance technologies. The agency says 362,758 Model S, Model X, Model Y, and Model 3 vehicles produced between July 16, 2017, and January 18, 2023, may… Continue reading Cleantechnica: NHTSA Issues Tesla FSD Recall Notice — The Details 002593

Tesla Rolling Back Full Self-Driving Version That “May Cause Crashes”

Over 360,000 vehicles are affected. Full Self-Recall Tesla is recalling more than 360,000 vehicles and is putting out a warning that its so-called “Full Self-Driving” (FSD) feature, which is still in beta, “may cause crashes,” according to CNBC. The recall was issued by the National Highway Traffic Safety Administration today and will force the EV maker to… Continue reading Tesla Rolling Back Full Self-Driving Version That “May Cause Crashes”

Tesla’s 2023 Recall of Full Self-Driving Targets a ‘Fundamental’ Flaw

Tesla told the agency this week that customers had filed warranty claims matching the situations highlighted by NHTSA on at least 18 occasions between spring 2019 and fall 2022. The filing notes that the carmaker said it was not aware of any injuries or deaths related to the flaws detected by the agency. The NHTSA… Continue reading Tesla’s 2023 Recall of Full Self-Driving Targets a ‘Fundamental’ Flaw

Tesla to recall nearly 363,000 cars over self-driving software flaw

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Tesla to recall nearly 363,000 cars over self-driving software flaw

War in Ukraine ends UK sales of Lada Niva

A London-based Lada Niva importer has listed what is likely to be the last-ever version of the Russian off-roader brought into the UK. With sanctions against the eastern powerhouse growing just over a year on from its invasion of Ukraine, business is about to end for importer Mark Key, who brought his first Niva to… Continue reading War in Ukraine ends UK sales of Lada Niva

Ram Trucks plans recall over fire risk, tells owners not to park inside

Drivers of certain Ram Heavy Duty pickups and chassis cab trucks are being advised not to park them inside because of a fire risk and a recall has been issued affecting almost 341,000 trucks. The company said in a news release that it’s aware of six potentially related fires, one of which happened reportedly after… Continue reading Ram Trucks plans recall over fire risk, tells owners not to park inside