Tag: Recalls

UPDATE 1-Hyundai Motor posts big profit miss on U.S. recall costs; shares dive

SEOUL (Reuters) – Hyundai Motor (005380.KS) posted a 68 percent plunge in quarterly net profit, missing an analyst consensus by a large margin as U.S. recall costs weighed. FILE PHOTO: A worker fixes the Hyundai logo on a vehicle at a plant of Hyundai Motor in Asan, south of Seoul, February 9, 2012. REUTERS/Lee Jae-Won/File… Continue reading UPDATE 1-Hyundai Motor posts big profit miss on U.S. recall costs; shares dive

Risk of fire from coolant problems: BMW recall increases to 1.6 million cars

AP Million recall at BMW because of problematic air conditioning systems Because of problems with the air conditioning needs BMW Get more than one million more vehicles into the workshop worldwide. It is in this context already the second call this year, as the car maker announced on Tuesday. In the affected diesel vehicles could… Continue reading Risk of fire from coolant problems: BMW recall increases to 1.6 million cars

UPDATE 1-Frustrated GM investors ask what more CEO Barra can do

DETROIT (Reuters) – General Motors Co (GM.N) Chief Executive Mary Barra has transformed the No. 1 U.S. automaker in her almost five years in charge, but that is still not enough to satisfy investors. FILE PHOTO: General Motors Chairman and CEO Mary Barra speaks at GM’s press conference at the North American International Auto Show… Continue reading UPDATE 1-Frustrated GM investors ask what more CEO Barra can do

Less profit expected: Daimler’s profit warning sends stock to five-year low

AP Daimler CEO Dieter Zetsche: earnings forecast for 2018 lowered The carmaker Daimler Show stock market chart expects a weaker annual result than previously forecast in view of the costs associated with the diesel scandal. The group lowered on Friday its expectation for 2018 and called for several reasons. The third quarter had missed the… Continue reading Less profit expected: Daimler’s profit warning sends stock to five-year low

Fight against driving bans: VW wants to pay high scrapping premiums for old diesel

DPA Volkswagens TDI engines: The muddlers are to be scrapped The carmaker Volkswagen Show stock market chart apparently wants to scrap nationwide old diesel against payment of a conversion fee. VW wants older diesel vehicles of the brands VW, Seat, Skoda and Audi Show stock market chart not only with the emission standards 1 to… Continue reading Fight against driving bans: VW wants to pay high scrapping premiums for old diesel

Statement: Weld

October 16, 2018 , Auburn Hills, Mich. – FCA US LLC is voluntarily recalling an estimated 18,055 vehicles in the U.S. to perform a weld inspection, and repair as needed. Responding to a small number of complaints, FCA US launched an investigation that discovered certain vehicles built between early May and late August of this year… Continue reading Statement: Weld

Ford selects Wind River over-the-air (OTA) update technology

Wind River, a company delivering IoT software for safety-critical domains including automotive, announced that Ford Motor Company is using Wind River over-the-air (OTA) update technology. To deliver connected car capabilities, Wind River Edge Sync technology can provide differential updates that allow the ability to minimize data update size, transmission time, and memory usage for updating… Continue reading Ford selects Wind River over-the-air (OTA) update technology

Volvo warns some vehicle engines may exceed emission limits

STOCKHOLM (Reuters) – Sweden’s Volvo (VOLVb.ST) said on Tuesday an emissions control component used in its vehicles was degrading more quickly than expected, which could cause engines to exceed emission limits for nitrogen oxides, sending its stock down sharply. The logo of Volvo is seen on the front grill of a Volvo truck in a… Continue reading Volvo warns some vehicle engines may exceed emission limits