EV growth propels Denso to close value gap with Honda and Ford

NAGOYA — Is a car worth more than the sum of its parts? This is a question posed by Japanese automotive supplier Denso’s near dead heat in market capitalization with Honda Motor and Ford Motor. Denso’s market cap stood at 5.78 trillion yen ($52.59 billion) as of Thursday, roughly 70% higher than a year earlier. Honda’s… Continue reading EV growth propels Denso to close value gap with Honda and Ford

Used car retailer Spinny raises Rs 800 crore in Series D Round funding

Spinny founders Niraj Singh; Mohit Gupta and Ramanshu Mahaur. Spinny, a used car retailing platform in India, has closed its Series D Funding round with $108 million (Rs 800 crore) from new and existing investors. The round was led by Tiger Global, which has alspo backed a number of Indian unicorns such as Flipkart, Byju’s,… Continue reading Used car retailer Spinny raises Rs 800 crore in Series D Round funding

German Manager Magazin: Daimler-Dieselklage: BGH does not see thermal windows alone as immoral000951

Diesel plaintiffs who received compensation from Daimler demand, should go away empty-handed in many cases. When they first pronounced their verdict in a “thermal window” procedure, the judges of the Federal Court of Justice (BGH) confirmed on Tuesday that they do not consider the use of the technology to be immoral. At the same time,… Continue reading German Manager Magazin: Daimler-Dieselklage: BGH does not see thermal windows alone as immoral000951

@Ford: Ford Motor Company Provides Details on Three Safety Recalls in North America

DEARBORN, Mich., July 16, 2021 — Ford Motor Company today announced details of three safety recalls in North America. Safety recall for certain 2020-2021 Ford F-350 Super Duty vehicles with 6.7-liter engine and single rear wheel axle for a rear axle housing spring seat interface weld issue Ford is issuing a safety recall for approximately 34,939 Ford F-350 Super… Continue reading @Ford: Ford Motor Company Provides Details on Three Safety Recalls in North America

General Motors has warned owners of 51,000 previously recalled Chevrolet Bolt EVs that they might still pose a fire risk

GM has told some Chevrolet Bolt EV owners to park their vehicles outside immediately after charging. The automaker said it had been “notified of two recent Chevrolet Bolt EV fire incidents.” GM recalled more than 50,000 Bolt EVs in November after reports of battery fires. See more stories on Insider’s business page. General Motors (GM) has… Continue reading General Motors has warned owners of 51,000 previously recalled Chevrolet Bolt EVs that they might still pose a fire risk

GM asks Chevy Bolt EV owners not to charge overnight or park inside after 2 more fires

There have been three recent Chevy Bolt EV fires, two within the past 2 weeks. One in May which had the temporary recall, another July 1st which had the final software update in Vermont, and another with the final update in New Jersey in the past week or so. GM has updated their recall page… Continue reading GM asks Chevy Bolt EV owners not to charge overnight or park inside after 2 more fires

GM warns some Bolt owners to park outdoors due to fire risk

Detroit – General Motors is telling owners of some older Chevrolet Bolts to park them outdoors and not to charge them overnight because two of the electric cars caught fire after recall repairs were made. The company said Wednesday that the request covers 2017 through 2019 Bolts that were part of a group that was… Continue reading GM warns some Bolt owners to park outdoors due to fire risk

AAM Announces Departure of Driveline Business Unit President

  AAM Terms of Use & Privacy Policy Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM Website American Axle & Manufacturing, Inc. and/or its respective… Continue reading AAM Announces Departure of Driveline Business Unit President

World NM: Production Issue Prompts VW to Recall Certain Jetta and Jetta GLI Vehicles001386

It may be financially sound for Volkswagen to manufacture the Jetta in Mexico, but cheaper labor automatically means bigger quality problems. An unauthorized rework of the airbag control module’s fixation holes is to blame for the recall we’ll cover today, which involves 379 examples of the compact sedan for North Americ… (continue reading…) Go to… Continue reading World NM: Production Issue Prompts VW to Recall Certain Jetta and Jetta GLI Vehicles001386

@FCA: JPP Introduces New, Industry-leading Gorilla Glass Replacement Windshield

July 12, 2021 , Windsor, Ontario – Jeep® Performance Parts (JPP) by Mopar is expanding its industry-leading Gorilla Glass replacement windshield offerings to include the latest Jeep Wrangler (JL) and Jeep Gladiator (JT) models. “Out on the trail or on a daily commute, windshield damage can happen anywhere at any time,” said Mark Bosanac, North America… Continue reading @FCA: JPP Introduces New, Industry-leading Gorilla Glass Replacement Windshield