By Rachit Vats 3 Min Read (Reuters) – Ford Motor Co’s investors are likely to brush aside the company’s quarterly loss on Thursday and focus on its 2021 forecast and production target for the revamped F-150 pickup truck, a consistent bestseller in the U.S. automobile market. FILE PHOTO: Ford Motor Co. CEO Jim Farley walks… Continue reading Ford’s forecast in focus as it wraps up year with quarterly loss
Tag: Recalls
Tesla is recalling 134,000 Model X and Model S cars with faulty touchscreens following regulator pressure
Tesla is recalling 134,951 Model X and Model S vehicles with potentially faulty touchscreens. The recall affects cars with 8GB media cards manufactured before March 2018. Last month, the National Highway Traffic Safety Administration (NHTSA) asked Tesla to recall the vehicles. Visit Business Insider’s homepage for more stories. Tesla started sending customers emails on Tuesday… Continue reading Tesla is recalling 134,000 Model X and Model S cars with faulty touchscreens following regulator pressure
Tesla finally ‘voluntarily’ recalls Model S/X with touchscreen problem after getting arm twisted by NHTSA
Tesla announced that it will finally “voluntarily’” recall all Model S and Model X vehicles with touchscreen problems due to the eMMC issue in the media unit after getting pressured by NHTSA to do so. Tesla eMMC Defect Owners of older Tesla Model S and Model X vehicles have been reporting some issues with their… Continue reading Tesla finally ‘voluntarily’ recalls Model S/X with touchscreen problem after getting arm twisted by NHTSA
Germany KBA watchdog also looking into Tesla touchscreen failures: paper
By Reuters Staff 2 Min Read FILE PHOTO: A Tesla logo hangs on a building outside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo/File Photo BERLIN (Reuters) – Germany’s motor vehicle authority (KBA) is looking into safety risks related to touchscreen displays in Tesla cars and has asked the… Continue reading Germany KBA watchdog also looking into Tesla touchscreen failures: paper
Tesla’s new Model S will automatically shift between park, reverse, and drive
Tesla’s redesigned Model S and Model X will have a very unconventional and possibly controversial feature: automatic shifting between park, reverse, neutral, and drive (or PRND). There will be an option to change drive modes on the touchscreen, but CEO Elon Musk made the case for automatic switching on Twitter late Wednesday night. “Car guesses… Continue reading Tesla’s new Model S will automatically shift between park, reverse, and drive
@BMW: Ad-hoc announcement: BMW AG Preliminary Automotive Free Cash Flow for the fourth quarter and the full year 2020 above market expectations000872
Munich. The BMW AG’s preliminary Automotive segment Free Cash Flow for the fourth quarter 2020 is around € 2.8 billion (Q4 2019: € 1.5 billion), leading to around € 3.4 billion (2019: € 2.6 billion) for the full year 2020 and thus exceeds current market expectations. The better than expected Free Cash Flow development of the… Continue reading @BMW: Ad-hoc announcement: BMW AG Preliminary Automotive Free Cash Flow for the fourth quarter and the full year 2020 above market expectations000872
@VW Group: America’s Best SUV Bumper-to-Bumper Transferable Warranty arrives on the 2018 Volkswagen Atlas & Tiguan For most Americans, a car w…
For most Americans, a car will be the second-largest purchase they make in their lifetimes, behind only a home. It’s a commitment not just of money, but time and resources. Published research shows the average new-car buyer holds onto his or her vehicle for six years – yet most bumper-to-bumper warranties don’t last nearly so… Continue reading @VW Group: America’s Best SUV Bumper-to-Bumper Transferable Warranty arrives on the 2018 Volkswagen Atlas & Tiguan For most Americans, a car w…
Luxury cars, EVs to fuel Hyundai’s China, U.S. sales in 2021; Q4 profit jumps
By Heekyong Yang, Joyce Lee 4 Min Read SEOUL (Reuters) – Hyundai Motor Co said on Tuesday it expects sales in United States and China to surge this year, driven by the launch of new electric cars and sports utility vehicles (SUVs), after reporting its best quarterly profit in over three years. FILE PHOTO: The… Continue reading Luxury cars, EVs to fuel Hyundai’s China, U.S. sales in 2021; Q4 profit jumps
Luxury cars fuel Hyundai fourth-quarter profit; sees jump in 2021 China, North America sales
By Heekyong Yang, Joyce Lee 3 Min Read SEOUL (Reuters) – Hyundai Motor Co reported a 57% surge in quarterly profit on strong demand for its high-margin sports utility vehicles (SUVs) and premium Genesis cars, and forecast its sales this year will jump in top auto markets China and North America. Slideshow ( 2 images… Continue reading Luxury cars fuel Hyundai fourth-quarter profit; sees jump in 2021 China, North America sales
German Manager Magazin: The auto industry lacks chips: Peter Altmaier appeals to Taiwan000510
The lack of semiconductor products such as microchips and sensors at the German car industry has called Federal Minister of Economics Peter Altmaier (62, CDU) on the scene. As the “Saarbrücker Zeitung” reported on Saturday, the minister wrote to the Taiwanese government and asked for help in solving the current supply problems. According to the… Continue reading German Manager Magazin: The auto industry lacks chips: Peter Altmaier appeals to Taiwan000510