TOKYO: Shares of Suzuki Motor Corp slumped 7 percent in early Tokyo trade on Monday after the company flagged an extraordinary loss of 80 billion yen ($714 million) due to the recall of nearly 2 million cars related to improper vehicle inspections. The automaker said on Friday it would book the loss in January-March, its… Continue reading Suzuki Motor shares slide 7% on $714 million recall-related loss
Tag: Recalls
Daimler faces probe over ‘new cheating software’
Berlin: Daimler confirmed Sunday it was facing a regulatory probe after a report said German authorities have uncovered a previously unknown type of pollution trickery software allegedly installed by the car giant in some of its vehicles. The Federal Motor Transport Authority (KBA) has initiated a formal hearing procedure, Bild am Sonntag newspaper reported. The… Continue reading Daimler faces probe over ‘new cheating software’
Mazda recalls nearly 190K cars due to failing wipers
DETROIT: Mazda is recalling nearly 190,000 Mazda 3 compact cars in the U.S. because the windshield wipers can fail. The company says in documents posted Saturday by the U.S. National Highway Traffic Safety Administration that the recall covers cars from the 2016 through 2018 model years. The Japanese automaker traced the problem to metal deposits… Continue reading Mazda recalls nearly 190K cars due to failing wipers
Mazda recalls nearly 190,000 cars due to failing wipers
Original Article
Japan’s Suzuki Motor estimates 714 mln dollar loss in cars recall
TOKYO, April 12 (Xinhua) — Japan's automaker Suzuki Motor Corp. said Friday it will log about 80 billion yen (714 million U.S. dollars) in loss in fiscal year 2018 due to a recall of two million vehicles in Japan.
The corporation also submitted an investigation report on inappropriate checks on brakes and fuel-economy to the transport ministry, local media reported.
In the report, Suzuki revised the number of cars affected by improper fuel-economy inspections and data falsification to 11,070, up from 8,577 reported last September.
The company said that improper product inspections took place at three plants in Shizuoka Prefecture from April 2008 to last September.
The report also said the company has newly discovered that improper brakes inspections were conducted from June 1981 to this past January.
The company said the faulty inspections took place due to a shortage of inspectors and lack of supervision among other factors.
The automaker said it will spend 170 billion yen..
Renault, Nissan and Mitsubishi: a summit to get back to work
This had never been done, and one wonders why. Jean-Dominique Senard, the new president of Renault, invited this Thursday evening to dinner staffs and directors of Renault, Nissan and Mitsubishi in full force. The feasts must take place on the Champs-Elysées, at Atelier Renault. A friendly and inexpensive way to try to pick up the… Continue reading Renault, Nissan and Mitsubishi: a summit to get back to work
Ford Motor Company Issues Safety Recall for Select Ford F-150, Super Duty Trucks with Engine Block Heater Cables Inspected in Accordance with a Previous Recall
DEARBORN, Mich., April 10, 2019 – Ford Motor Company is issuing a safety recall for select 2015-19 F-150 and 2017-19 Super Duty vehicles equipped with engine block heaters that had been inspected in accordance with recall 18S45. In inspected vehicles, the engine block heater cable splice connectors may have inadvertently become damaged during that service… Continue reading Ford Motor Company Issues Safety Recall for Select Ford F-150, Super Duty Trucks with Engine Block Heater Cables Inspected in Accordance with a Previous Recall
Workhorse Forms Strategic Alliance With Duke Energy
Workhorse manufactures electric trucks ranging from its W-15 electric pickup to its medium duty NGEN electric delivery van and its heavy duty EGEN electric cargo van. But all those trucks aren’t much good to anyone if they can’t be recharged conveniently. To simplify the charging experience for its customers, Workhorse has formed a strategic alliance… Continue reading Workhorse Forms Strategic Alliance With Duke Energy
Karma Revero gets more power, BMW 3-cylinder
Redesigned Karma Revero teaser
The Karma Revero is getting a long-needed update later this year, and the company has just revealed a few details.
You'll recall that the Revero is the continuation of the original Fisker Karma, which went on sale in 2011. The company and its manufacturing facilities for the Karma were bought out by a Chinese company. Now the company is named Karma, and the car was renamed the Revero. Other than the name, though, the car hasn't changed.
DON'T MISS: Karma plans to relaunch with three new models at Shanghai auto show
It still uses its original 37-mile lihtium-ion battery pack, two electric motors good for 403 horsepower, and a GM-sourced 2.0-liter turbo-4.
Last month, Karma announced that it will unveil an update to the Revero, along with two new models, a Pininfarina designed SUV, and a new all-electric flagship called the Vision.
CHECK OUT: 2018 Karma Revero: first drive of reborn luxury plug-in hybrid sedan
In an email on Thursday, Karma revealed to Green Car Reports that the new 2020 Karma Revero will have more power, along with a more efficient and powerful gas engine from BMW.
The new engine will be BMW's 1.5-liter turbo-3 found in the BMW i8 plug-in hybrid sports car, which, combined with more powerful motors and likely new batteries, will boost acceleration from about 5.5 seconds from 0 to 60 mph to a more sportscar-like 4.5 seconds.
READ MORE: Pininfarina's Italian design may be good Karma for plug-in carmaker
Karma signed an agreement with BMW in 2015, and the updated Revero has been spotted by amateur and spy photographers several times testing around the U.S., most likely with the new engine.
With improved battery technology, the Revero is also likely to get a longer range in the updated model. Karma says it will also give a much-needed update to the Revero's in-car electronics.
The updated car, along with the Vision and Karma's new unnamed SUV, are set to debut at the Shanghai auto show later this month.
Fiat Chrysler to pay $110 million to settle U.S. investor suit
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook/File Photo (Reuters) – Italian-American automaker Fiat Chrysler Automobiles NV has agreed to pay $110 million to settle a lawsuit alleging it misled U.S. investors over excess diesel emissions and failed to… Continue reading Fiat Chrysler to pay $110 million to settle U.S. investor suit