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
Tag: Recalls
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
Aston Martin DB11 recalled due to Daimler steering column issue
Aston Martin is recalling 3973 DB11s in order to fix a potential issue with their steering column upper that could cause unintended firing of the airbag. The affected part, a clock spring in the steering column that can break, is supplied by Daimler thanks to the company’s tech tie-up with Aston Martin. If the spring… Continue reading Aston Martin DB11 recalled due to Daimler steering column issue
Ford Focus RS owners offered free repair for ‘white smoke’ issue
Ford has responded to reports of engine faults and white exhaust smoke on early third-generation Focus RS models by offering owners of vehicles a free inspection and repair. Owners can opt in for the voluntary inspection regardless of warranty or mileage status. Ford is currently in the process of contacting owners across Europe and the… Continue reading Ford Focus RS owners offered free repair for ‘white smoke’ issue
Car classifieds startup Carmudi secures $10m to expand SE Asia ops
January 23, 2018 Carmudi, a Rocket Internet-backed online car classifieds startup, has recently secured about $10 million in funding from a range of investors, including Tengelmann Ventures, according to an Inquirer report on Tuesday. The latest financing round will be used to grow existing listings and to build new technology, with the bulk of the… Continue reading Car classifieds startup Carmudi secures $10m to expand SE Asia ops
Ford urged to recall 1.3M Explorers over fume fears
A Washington-based auto safety group is repeating its call for Ford Motor Co. to recall more than a million Explorer sport-utility vehicles, citing an increase in the number of complaints about exhaust fumes seeping inside the vehicles. (Photo: Chris O’Meara / AP file) A Washington-based auto safety group is repeating its call for Ford Motor… Continue reading Ford urged to recall 1.3M Explorers over fume fears
German authorities tell Audi to recall diesels
Audi brand is being told to recall 127,000 cars diesel cars that reduce emissions controls when not being tested. 77,600 of the cars were registered in Germany and that the affected models were: the A4, A5, A6, A7, A8, Q5, shown, SQ5 and Q7. (Photo: Audi) Frankfurt, Germany – A spokeswoman for Germany’s transport ministry… Continue reading German authorities tell Audi to recall diesels
Aston Martin hit by Daimler steering-column recall
PARIS (Reuters) – Aston Martin has become the latest carmaker to be caught up in a major recall of faulty Daimler (DAIGn.DE) steering-column components that can cause unintended airbag deployments. The British sports car maker is recalling all 3,873 DB11 coupes built since late 2015, when production of the flagship model began, sources with knowledge… Continue reading Aston Martin hit by Daimler steering-column recall