Proposed settlement in emissions-cheating lawsuit doesn’t include end to criminal investigation into Fiat Chrysler
Tag: Recalls
UPDATE 1-Ford’s China joint venture to recall more than 500,000 vehicles
BEIJING/SHANGHAI, Feb 2 (Reuters) – Ford Motor’s China joint venture will recall more than half a million vehicles due to brake-related issues, an additional headache for the U.S. carmaker as it faces rising challenges in the world’s top auto market.
Makers of imported cars ordered to recall over 9,500 vehicles
SEOUL, Feb. 1 (Yonhap) — Four makers of imported cars will recall over 9,500 vehicles in South Korea due to faulty parts, the transport ministry said Thursday. This is the latest in a series of recall orders issued by the Ministry of Land, Infras
Toyota Recalls Certain Prius and Lexus RX, NX Vehicles
PLANO, Texas (Jan. 31, 2018) – Toyota Motor North America, Inc. today announced that it is conducting a safety recall in the U.S. of approximately 49,000 Model Year 2016 Prius and Lexus RX vehicles and Model Year 2015 – 2016 Lexus NX vehicles.
LG AND HONEYWELL DEMO AUTOMOTIVE CYBERSECURITY SOLUTION
Technology Leaders Working Together on Detection, Protection and Reporting Software PLYMOUTH, MICH. and SEOUL, Jan. 31, 2018 — Honeywell (NYSE: HON) and LG Electronics Inc. (KSE: KRX) signed a memorandum of understanding to develop a unique automotive software technology and infrastructure solution to address threats associated with the increase in vehicle connectivity technology. The two… Continue reading LG AND HONEYWELL DEMO AUTOMOTIVE CYBERSECURITY SOLUTION
Gérard Détourbet Is Renault’s Master of Cutting Corners
Six years ago, after more than four decades with Renault SA, Gérard Détourbet decided he was done. He was in Chennai, leading a group of engineers from Renault and its strategic partner, Nissan Motor Co., in an attempt to create a low-cost vehicle for the Indian market, when some of his employees left his team… Continue reading Gérard Détourbet Is Renault’s Master of Cutting Corners
Fiat Chrysler shows big profit boost for 2017; workers get $5,500 each
Buy Photo The media crowds around Sergio Marchionne, CEO of Fiat Chrysler Automobiles N.V. and Chairman and CEO of FCA at the 2019 Jeep Cherokee reveal during the 2018 North American International Auto Show held at Cobo Center in downtown Detroit on Tuesday, Jan. 16, 2018. (Photo: Kimberly P. Mitchell, Detroit Free Press)Buy Photo Fiat… Continue reading Fiat Chrysler shows big profit boost for 2017; workers get $5,500 each
Hyundai Motor posts 3% gain in quarterly profit
This was the first gain in quarterly profit in four years, analysts had been expecting it given a low base for comparison from a year ago. SEOUL: Hyundai Motor eked out a small 3 percent gain in quarterly net profit, but posted a fifth straight drop in annual earnings as a stronger local currency and… Continue reading Hyundai Motor posts 3% gain in quarterly profit
AAM and Drexler Partner to Produce New High-Performance Electronic Differential
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Ford UAW workers will get $7,500 profit-sharing checks
But low to moderate gas prices have propelled robust sales of large pickup trucks such as the 2016 Ford F-150 pickup that improved its fuel economy from the prior generation by using aluminum body panels. (Photo: Ford Motor Company) Ford Motor Co. said Wednesday afternoon that its year-end earnings were down slightly from analyst projections due… Continue reading Ford UAW workers will get $7,500 profit-sharing checks