Tag: Recalls

UPDATE 1-GM reaches settlement over lost vehicle value from defective ignition switches

(Adds details from settlement, GM comment, byline) By Jonathan Stempel NEW YORK, March 27 (Reuters) – General Motors Co has reached a $120 million settlement with owners who claimed that their vehicles lost value because of defective ignition switches, which have been linked to 124 deaths. The preliminary settlement was filed on Friday night with… Continue reading UPDATE 1-GM reaches settlement over lost vehicle value from defective ignition switches

AAM Provides Update on the Impact of COVID-19

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 affiliates… Continue reading AAM Provides Update on the Impact of COVID-19

@GM: General Motors Fortifies Balance Sheet in Response to COVID-19 DETROIT – General Motors (NYSE:GM) announced today that it intends to drawdown appro…

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@GM: Joint Statement on Collaboration to Increase Ventilator Production DETROIT , March 20, 2020 /PRNewswire/ — GM and Ventec Life Systems, in cooperat…

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Construction of BMW’s Debrecen plant to continue

BMW has announced that the construction of its EUR 1 billion factory in Debrecen (225 km east of Budapest) will not stop and recruitment will continue, writes Népszava.It is noteworthy that in recent days Hungarian car manufacturers have announced factory shutdowns, including Audi in Győr (120 km west of Budapest), Suzuki in Esztergom (50 km northwest) and Mercedes at Kecskemét (90 km southeast).At the same time, it is worth recalling that it was during the 2008-2009 global economic crisis that Mercedes’ investment in Kecskemét was announced, and questions were still raised as to whether the new plant would be built.

The Government allows vehicle workshops to be opened during the state of alarm only to serve freight carriers

March 20, 2020 Category: Faconauto News Therefore, the Ministry of Transport does not allow its opening to the general public. Since the state of alarm was declared there has been a lot of confusion about whether or not vehicle repair shops and dealer services could open. Almost a week later, the Government announces that it… Continue reading The Government allows vehicle workshops to be opened during the state of alarm only to serve freight carriers

Tesla starts offering ‘no-touch’ service by remotely unlocking car to mobile technician

Tesla is starting to offer a “no-touch” service experience to work on cars without the owner having to be present or unlock the vehicle, which is done remotely and with a mobile technician. Over the last few years, Tesla started increasingly investing in its mobile service effort. It consists of service technicians with vehicles equipped… Continue reading Tesla starts offering ‘no-touch’ service by remotely unlocking car to mobile technician

Volvo recalls 750,000 cars globally amidst concerns about faulty emergency braking

AEB fault was identified on an XC60 by Danish motoring body FDM during a road test in late 2019. Volvo has recalled nearly 750,000 vehicles worldwide amid concerns that their autonomous emergency braking (AEB) systems are faulty. The fault – affecting 736,430 cars, 56,368 of which are in the UK – was identified by Danish motoring body FDM during a… Continue reading Volvo recalls 750,000 cars globally amidst concerns about faulty emergency braking

@GM: General Motors to Temporarily Suspend Production DETROIT , March 18, 2020 /PRNewswire/ — Today, General Motors Co. (NYSE: GM ) confirmed it will b…

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