Tom Krisher, AP Auto Writer Published 12:18 p.m. ET Feb. 27, 2020 | Updated 12:28 p.m. ET Feb. 27, 2020 Detroit – Kia is recalling more than 193,000 cars and minvans in yet another move to fix nagging problems that could cause engine fires. The largest of two U.S. recalls released by the government Thursday… Continue reading Kia recalls over 193K vehicles; fuel leaks can cause fires
Tag: Recalls
Howes: Failed execution, culture weigh on Ford performance, shares – The Detroit News
When historians record the six years since Alan Mulally retired as CEO of Ford Motor Co., the chapter could be entitled “A Chronicle of Wasted Time.” Here was COO-designate Jim Farley using a Wednesday presentation to investors to deliver a message as bracing as a bucket of ice water: “I can see it on the face of… Continue reading Howes: Failed execution, culture weigh on Ford performance, shares – The Detroit News
Ford COO Jim Farley lays out brutal reality for investors in first public speech
CLOSE After days of watching the stock price sink faster than competitors, and concerns about the strategic direction of Ford Motor Co., incoming chief operating officer Jim Farley took to the stage to make his first public speech in New York early Wednesday. Investor expectations were high — and ultimately unmet — that he would announce a significant and dramatic plan for re-positioning the company. … Continue reading Ford COO Jim Farley lays out brutal reality for investors in first public speech
Hyundai Obtains Victory in Court Against Seller and Importer of Non-Genuine Parts
The multi-million dollar judgment stems from Hyundai’s federal trademark lawsuit against DTI, in which Hyundai claimed that DTI was guilty of importing Hyundai-branded service and collision parts intended for sale and use in foreign countries and palming off those parts as if they were Hyundai Genuine Parts sourced through Hyundai’s U.S. authorized chain of distribution.… Continue reading Hyundai Obtains Victory in Court Against Seller and Importer of Non-Genuine Parts
A ‘sense of urgency’ at Ford, says automaker’s new chief operating officer
Ford Motor Co.’s incoming chief operating officer on Wednesday sought to calm investor concerns, emphasizing his top priority is to ensure the Dearborn automaker’s major vehicle introductions this year go smoothly. “Everyone at Ford Motor Co. knows the situation we’re in,” said Jim Farley, Ford’s strategy chief, said at a Wolfe Research conference in New York, likening the company’s… Continue reading A ‘sense of urgency’ at Ford, says automaker’s new chief operating officer
Ford recalls over 217,000 F-150 pickup for headlight problem
CHICAGO, Feb. 25 (Xinhua) — U.S. automaker Ford Motor Company on Tuesday issued a safety recall of select Ford F-150 pickup for a headlight problem, affecting over 217,000 vehicles.
According to Ford, the recall covers select 2018-2020 F-150 trucks with LED headlamps.
This action affects 166,196 vehicles in the U.S. and federal territories and 50,989 in Canada.
Affected vehicles were built at Dearborn Truck Plant, Jan. 5, 2017, to Oct. 10, 2019, and Kansas City Assembly Plant, Jan. 25, 2017, to Oct. 10, 2019.
“When the daytime running maps on affected vehicles are illuminated and the master lighting switch is manually rotated from the autolamp position to the headlamp-on (low-beam) position, the daytime running lamps remain activated instead of dimming to the parking lamp intensity,” the company said in a statement.
According to Ford, this may reduce the visibility of other drivers, increasing the risk of a crash.
Ford said it is not aware of any reports of accident or injury, and dea..
NTSB chair eviscerates Tesla for inaction over Autopilot concerns
Sponsored Links y_carfan via Getty Images The National Transportation Safety Board held a hearing on Tuesday regarding a deadly 2018 crash in which a Tesla Model X slammed into a Mountain View highway divider at 70mph, was subsequently struck by two other vehicles and then exploded. During that announcement, the safety board revealed that the… Continue reading NTSB chair eviscerates Tesla for inaction over Autopilot concerns
@Ford: Ford Motor Company Issues a Safety Compliance Recall and Two Safety Recalls
Ford Motor Company is issuing a safety compliance recall and two safety recalls in North America. Go to Source
@GM: Chevrolet Menlo Electric Vehicle Launched in China
Chevrolet Menlo Electric Vehicle Launched in China 2020-02-20 Has electric range of 410 kilometers Offers smooth, quiet and natural driving experience SHANGHAI – The Chevrolet Menlo sporty-looking sedan, the brand’s first fully electric vehicle in China, was launched today. Initially being offered in Beijing, the Chevrolet Menlo is available in four variants priced from RMB… Continue reading @GM: Chevrolet Menlo Electric Vehicle Launched in China
Magna (MGA) Q4 Earnings & Revenues Top Estimates, Down Y/Y
Magna International Inc. MGA delivered adjusted earnings per share of $1.41 in fourth-quarter 2019, beating the Zacks Consensus Estimate of $1.32. Stellar revenues in the Body Exteriors & Structures, Power & Vision and Seating Systems segments led to this outperformance. However, the bottom-line figure declined from the year-ago quarter’s $1.63. The company’s revenues declined 7.3%… Continue reading Magna (MGA) Q4 Earnings & Revenues Top Estimates, Down Y/Y