(Reuters) – The U.S. Justice Department is investigating Goodyear Tire & Rubber Co for its handling of a recalled tire that has been linked to eight deaths and dozens of injuries, the Wall Street Journal reported, citing people with knowledge of the matter and documents reviewed by the newspaper. The federal prosecutors have sought company… Continue reading U.S. DOJ probes Goodyear’s handling of recalled tire – WSJ
Tag: Recalls
Andy Palmer’s bumpy ride: from supercars to battery buses – The Guardian
Interview Andy Palmer’s bumpy ride: from supercars to battery buses Jasper Jolly Palmer admits to thinking about the chance that Switch Mobility could overtake Aston Martin in market valuation. Photograph: Sophia Evans/The Observer Palmer admits to thinking about the chance that Switch Mobility could overtake Aston Martin in market valuation. Photograph: Sophia Evans/The Observer The… Continue reading Andy Palmer’s bumpy ride: from supercars to battery buses – The Guardian
US ends probe into Ford SUV exhaust issues without a recall
Detroit – The U.S. government’s road safety agency has closed a more than six-year investigation into exhaust odors in Ford Explorer passenger cabins, determining that the SUVs don’t have high levels of carbon monoxide and don’t need to be recalled. The National Highway Traffic Safety Administration says it reviewed more than 6,500 consumer complaints, tested… Continue reading US ends probe into Ford SUV exhaust issues without a recall
Magna Updates 2022 Outlook to Reflect Preliminary Full Year 2022 Results
AURORA, Ontario, Jan. 24, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has updated its 2022 outlook to reflect an expected Adjusted EBIT Margin1 below the range disclosed in its press release dated November 4, 2022. Based on preliminary unaudited results, total sales for 2022 were approximately $37.8… Continue reading Magna Updates 2022 Outlook to Reflect Preliminary Full Year 2022 Results
Magna Updates 2022 Outlook to Reflect Preliminary Full Year 2022 Results
Magna International Inc. AURORA, Ontario, Jan. 24, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has updated its 2022 outlook to reflect an expected Adjusted EBIT Margin1 below the range disclosed in its press release dated November 4, 2022. Based on preliminary unaudited results, total sales for 2022… Continue reading Magna Updates 2022 Outlook to Reflect Preliminary Full Year 2022 Results
Magna Updates 2022 Outlook to Reflect Preliminary Full Year 2022 Results
AURORA, Ontario, Jan. 24, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has updated its 2022 outlook to reflect an expected Adjusted EBIT Margin1 below the range disclosed in its press release dated November 4, 2022. Based on preliminary unaudited results, total sales for 2022 were approximately $37.8… Continue reading Magna Updates 2022 Outlook to Reflect Preliminary Full Year 2022 Results
AI as a driver of sustainability and economics for swappable battery players
The transition to electric mobility, particularly in the two- and three-wheeler segments, is gaining traction in India. However, charging these electric vehicles at home or work remains risky and difficult, if not impossible, due to a lack of dedicated parking or charging time. Furthermore, many owners live in multi-storey buildings with no dedicated parking. As… Continue reading AI as a driver of sustainability and economics for swappable battery players
AI as a driver of sustainability and economics for swappable battery players
The transition to electric mobility, particularly in the two- and three-wheeler segments, is gaining traction in India. However, charging these electric vehicles at home or work remains risky and difficult, if not impossible, due to a lack of dedicated parking or charging time. Furthermore, many owners live in multi-storey buildings with no dedicated parking. As… Continue reading AI as a driver of sustainability and economics for swappable battery players
Maruti Suzuki recalls 11,177 Grand Vitaras to check rear seatbelt mounting brackets
Maruti Suzuki recalls 11,177 Grand Vitaras to check rear seatbelt mounting brackets Maruti Suzuki India has announced a recall of 11,177 Grand Vitara SUVs manufactured between August 8 and November 15, 2022. In a statement, the carmaker said “it is suspected that there is a possible defect in the rear seatbelt mounting brackets (‘parts’) which,… Continue reading Maruti Suzuki recalls 11,177 Grand Vitaras to check rear seatbelt mounting brackets
Organised sector to account for 35% share of India’s pre-owned car market by 2027
Organised sector to account for 35% share of India’s pre-owned car market by 2027 Even as the Indian passenger vehicle market clocked record sales of 3.8 million units in CY2022, there is still plenty of headroom for growth. For a country with a population of over 1.35 billion, India averages only around 22 cars per… Continue reading Organised sector to account for 35% share of India’s pre-owned car market by 2027