The Girnar Software Pvt Ltd-owned venture, also a leading vehicle search platform, plans to open 250 franchise stores this year and ramp up this network to over 1,000 retail locations by 2022. The franchise outlets would be branded CarDekho Trustmark stores. Used cars are seeing a surge in demand as buyers are increasingly opting for… Continue reading India: CarDekho plans to invest $20m in used car business in FY21
Tag: Recalls
Auto Stock Roundup: TSLA Stock Split, Ford Recalls, NIO’s Q2 Show & More
Last week, China Association of Automobile Manufacturers (“CAAM”) unveiled vehicle sales data for the month of July. Auto sales in July rose 16.4% year over year to 2.11 million units, marking the fourth consecutive month of gain registered by the world’s biggest auto market. The main highlight of the July auto report in China was… Continue reading Auto Stock Roundup: TSLA Stock Split, Ford Recalls, NIO’s Q2 Show & More
GM to appeal after judge denies effort to revive racketeering suit against Fiat Chrysler
A federal judge in Detroit has denied General Motors’ effort to revive its racketeering lawsuit against Fiat Chrysler Automobiles. U.S. District Court Judge Paul Borman issued an order Friday, saying the court did not err in its earlier actions and that GM’s “newly discovered evidence is too speculative to warrant reopening this case.” Borman said in his… Continue reading GM to appeal after judge denies effort to revive racketeering suit against Fiat Chrysler
Ford recalls include some F-150s because of fire risk
Ford is warning that a number of 2020 F-150 pickups could catch fire because of a battery connection issue. At the same time, the company announced a recall of more than half a million Edges with potential brake problems. The company said it’s recalling 431 F-150s in the United States. The recall, one of three announced by… Continue reading Ford recalls include some F-150s because of fire risk
Ford recalls midsize SUVs to fix possible brake fluid leaks
Ford is recalling more than 558,000 midsize SUVs in North America because the brakes may not work properly. The recall covers certain 2015 through 2018 Ford Edge and 2016 through 2018 Lincoln MKX vehicles. Ford said Wednesday that some front brake hoses can rupture, causing brake fluid to leak. If too much fluid leaks, it… Continue reading Ford recalls midsize SUVs to fix possible brake fluid leaks
Europa Press: Ford recalls more than half a million vehicles in North America for a brake problem000096
DEARBORN (UNITED STATES), Aug 12 (EUROPA PRESS) – Automotive firm Ford has recalled more than half a million vehicles in North America due to a brake problem, which can cause models to run out of brake fluid, increasing stopping distance and accident risk. . As announced by the manufacturer, this failure affects certain Ford Edge… Continue reading Europa Press: Ford recalls more than half a million vehicles in North America for a brake problem000096
@GM: GM Names John Stapleton Acting CFO Dhivya Suryadevara departs for new role DETROIT , Aug. 11, 2020 /PRNewswire/ — General Motors today announced J…
Terms & Conditions LEGAL NOTICES PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE THIS WEB SITE (THE “SITE”) IS PROVIDED BY GM FOR INFORMATIONAL PURPOSES ONLY. BY USING THE SITE, OR BY DOWNLOADING MATERIALS FROM THIS SITE, YOU AGREE TO ABIDE AND BE BOUND BY THE TERMS AND CONDITIONS CONTAINED BELOW AND ELSEWHERE WITHIN… Continue reading @GM: GM Names John Stapleton Acting CFO Dhivya Suryadevara departs for new role DETROIT , Aug. 11, 2020 /PRNewswire/ — General Motors today announced J…
@niche: Nikola Receives Landmark Order of 2,500 Battery-Electric Waste Trucks from Republic Services
Order includes 2,500 electrified chassis, with the option to increase the order up to 5,000 units Largest single order in the waste industry and signals Republic Services’ commitment to zero-emission vehicles On-road testing likely to begin in early 2022, with full production shortly after The truck chassis and body will be provided directly to Republic… Continue reading @niche: Nikola Receives Landmark Order of 2,500 Battery-Electric Waste Trucks from Republic Services
Record-breaking Faraday Future prototype EVs are up for auction
Sponsored Links Pawel Litwinski Remember Faraday Future? It’s the electric vehicle startup that, when it launched in 2015, was promising to shakeup the EV industry and become a rival to Tesla. Since then, the company has struggled with funding, production and legal issues. A Faraday Future EV comparable to anything Tesla offers never materialized, though… Continue reading Record-breaking Faraday Future prototype EVs are up for auction
Mitsubishi Motors Chairman Masuko steps down
TOKYO — Mitsubishi Motors announced Friday that Osamu Masuko has stepped down as chairman and member of the board due to health concerns. Masuko joined Mitsubishi Motors in 2004from Mitsubishi Corp., its major shareholder and one of its supporter companies when the company was on the brink of a financial crisis as it struggled to deal… Continue reading Mitsubishi Motors Chairman Masuko steps down