Detroit – Ford is recalling nearly a quarter-million heavy duty pickup trucks in the U.S. because the drive shafts can fracture and cause a loss of power. The recall covers certain F-250 and F-350 Super Duty pickups from the 2017 through 2022 model years. The trucks have gasoline engines and aluminum drive shafts. Ford says… Continue reading Ford recalls heavy-duty pickups; drive shafts can fracture
Tag: Recalls
@Toyota: Toyota is Conducting a Safety Recall Involving Certain Model Year 2021 C-HR Vehicles
PLANO, Texas (Feb. 24, 2022) – Toyota is conducting a safety recall involving certain 2021 model year C-HR vehicles in the U.S. Approximately 37,000 vehicles are involved in this recall. The radar sensor used by the Pre-Collision System (PCS) may not have been initialized properly in the involved vehicles during production. In that case, the PCS… Continue reading @Toyota: Toyota is Conducting a Safety Recall Involving Certain Model Year 2021 C-HR Vehicles
Temasek-backed Ola Electric plans to build battery plant in India
Softbank Group-backed Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt hours (GWh), a source told Reuters, as part of its broader electrification push. Ola will need 40 Gwh of battery capacity to meet its annual target to produce 10 million electric scooters and the remainder will be for electric cars,… Continue reading Temasek-backed Ola Electric plans to build battery plant in India
AutoNation Announces Pricing of $700 Million Aggregate Principal Amount of Senior Notes
FORT LAUDERDALE, Fla., Feb. 23, 2022 /PRNewswire/ — AutoNation, Inc. (NYSE: AN) (the “Company”) announced today the pricing of $700 million aggregate principal amount of senior unsecured notes due 2032 at 3.850% (the “notes”). The notes will be issued at 99.835% of the aggregate principal amount, representing a yield to maturity of 3.870%. The offering is… Continue reading AutoNation Announces Pricing of $700 Million Aggregate Principal Amount of Senior Notes
Tesla Recalls Cars With Full Self-Driving to Prevent Rolling Stops
Tesla is recalling 54,000 cars equipped with its Full Self-Driving software to disable a feature that in certain conditions lets the vehicles roll slowly through intersections without stopping. The move comes after the automaker was criticized on social media for enabling “rolling stops” in violation of traffic regulations. “Failing to stop at a stop sign… Continue reading Tesla Recalls Cars With Full Self-Driving to Prevent Rolling Stops
AAM to Present at the Wolfe Global Auto, Auto Tech, and Mobility Conference on February 23
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 to Present at the Wolfe Global Auto, Auto Tech, and Mobility Conference on February 23
Analysis-Tesla software updates allow quick fixes – and taking risks
FILE PHOTO – A student learns how to drive in a Tesla learns at the Emirates Driving Institute which offers students to learn how to drive on luxury cars, in Dubai, United Arab Emirates, June 14, 2021. REUTERS/Abdel hadi Ramahi Register now for FREE unlimited access to Reuters.com Register Feb 18 (Reuters) – Tesla Inc’s… Continue reading Analysis-Tesla software updates allow quick fixes – and taking risks
Starting at $185K, Aston Martin’s DBX performance SUV is a license to thrill
When money ceases to matter, scarcity still counts. That, as much as beauty, speed and an association with literary superspy James Bond, is the key to Aston Martin’s enduring appeal for the very rich. The DBX performance SUV translates that from the niche-selling two-seat sports cars that have been the brand’s mainstay for 109 years… Continue reading Starting at $185K, Aston Martin’s DBX performance SUV is a license to thrill
Fisker announces over 31,000 Ocean reservations totaling $1.7 billion in potential revenue and ‘world leading warranty program’
Fisker Inc. held its fourth quarter and 2021 fiscal year financial results call yesterday, sharing an update to investors and media alike. As part of a slew of progress news from the ever optimistic Henrik Fisker, the Ocean now has over 31,000 reservations and will deliver with what the automaker is calling a ‘world leading… Continue reading Fisker announces over 31,000 Ocean reservations totaling $1.7 billion in potential revenue and ‘world leading warranty program’
U.S. investigates 416,000 Tesla vehicles over unexpected braking reports
A Tesla sign is pictured outside the Tesla Gigafactory 2 in Buffalo, New York, U.S., February 13, 2022. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 17 (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said Thursday it is opening a formal investigation into 416,000 Tesla vehicles over reports… Continue reading U.S. investigates 416,000 Tesla vehicles over unexpected braking reports