Tag: Recalls

Diesel scandal: 81,000 join suit against VW

DPA Suffering as a cursed diesel driver against the Volkswagen Group, can be quite expensive. Consumer protec- tors and ADAC are bearing the litiga- tion costs risk in a model declaration suit Tens of thousands of VW diesel drivers feel moved by the group over the table. More than 81,000 are now taking part in… Continue reading Diesel scandal: 81,000 join suit against VW

Top Automotive Industry News for Week of October 22 – October 28, 2018

Here is the most important news associated with the automotive industry
identified by the AEA for the week October 22, 2018 – October 28, 2018.

We hope it helps you stay up to speed on the key developments in our
industry:

-Automotive Manufacturing News-

Consumer Reports: Tesla's reliability tumbles to near the bottom in
latest survey

(USA Today)

Dyson vacuum cleaner company to build electric vehicle factory in
Singapore

(USA Today)

Eight Essential Questions For GM’s Mary Barra

(Forbes)

Feds defend voluntary robot car regulations

(The Detroit News)

Fiat Chrysler's Manley makes mark with $7B deal to sell Magneti Marelli

(Detroit Free Press)

Ford CEO says restructuring is 'a massive undertaking' that must be
'very thoughtfully orchestrated'

(CNBC)

Ford hires new China chief to tackle daunting turnaround task

(Reuters)

Ford seeks to allay dealers’ worries with ‘comeback story

(The Detroit News)

Ford shares jump after strong truck sales help third-quarter results
beat expectations

(CNBC)

Ford talks with VW to help reverse losses overseas

(The Detroit News)

GM Calls For National Electric Vehicle Policy, Says EVs Should Be 25%
Of All New Cars By 2030

(Forbes)

GM earnings: No. 1 U.S. auto maker needs to show it has a strategy to
boost ailing share price

(MarketWatch)

Here Are The Most- And Least-Reliable Rides On The Road For 2019

(Forbes)

Hyundai Motor posts big profit miss on U.S. recalls; shares dive

(Reuters)

Losing Money, Ford Shakes Up Struggling Chinese Operations, Appoints
New CEO

(The Detroit Bureau)

Report: FBI conducting criminal investigation into Tesla

(The Detroit News)

Smart brand might be doomed

(autoblog)

Tesla's Elon Musk made four big assertions — with asterisks

(LA Times)

Tesla Makes Good On Elon Musk’s Promise As Model 3 Drives $312 Million
Profit

(CNBC)

Tesla says has not received subpoena on Model 3 production

(Reuters)

The giant trucks Chevy, Ford, Ram really want to sell

(Detroit Free Press)

Which new technologies make vehicles unreliable?

(Detroit Free Press)

-Automotive Evolution News-

18 Automotive Startups and Their Chances of Survival

(Car and Driver)

Apple Files Patent Linked to AV Driving

(The Detroit Bureau)

Driverless Cars May Increase Cases Of Motion Sickness

(Forbes)

How Jaguar Land Rover Is Getting Ready For The 4th Industrial
Revolution: AI and Autonomous Cars

(Forbes)

GM’s multibillion-dollar driverless car gamble hits some bumps

(autoblog)

Tesla 'obviously' plans to take on Uber and Lyft, says CEO Elon Musk

(CNBC)

Waymo is testing what it should charge for its robotaxi service

(TechCrunch)

-Automotive Retail News-

Auto classified industry veterans roll out new dealer advertising
platform

(Auto Remarketing)

DAS Releases Dealer Social Media Study

(Auto Dealer Monthly)

Edmunds: Used-car sales this month look a lot like September's

(Auto Remarketing)

New Vehicle Sales Expected to Cool in October

(The Detroit Bureau)

Survey: Many Dealers Unaware of NCFC Tax Concerns

(Auto Dealer Monthly)

-Automotive Wholesale News-

Typical October wholesale price movements take hold

(Auto Remarketing)

Used Values Returning to Normal Levels

(Vehicle Remarketing)

-Automotive Enthusiast News-

30 fun and useful car gifts auto enthusiasts will love — according to a
car collector

(Business Insider)

-Automotive Servicing News-

AAA: Enhanced Safety Enhances Repair Costs

(Auto Dealer Monthly)

BMW expands recall to 1.6 million vehicles worldwide over fire risk

(USA Today)

Ford recalls 1.5 million Ford Focus cars that could stall with fuel
tank problem

(USA Today)

Mitsubishi, Dealer-FX launch digital service platform for dealers

(Auto Remarketing)

-General Business & Executive News-

Cox: Mobility Will Reduce Dealership Count

(Auto Dealer Monthly)

Rate hikes are already squeezing these businesses

(CNN)

TIME And Ally Financial Honor Auto Dealers

(PR Newswire)

-AEA Reminder-

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The Workhorse Electric Vehicles Are Revolutionizing An Industry

Although consumers are only recently embracing electric vehicles, Workhorse has been perfecting this technology for over a decade. Workhorse started out converting gasoline-powered vehicles into electric cars. Soon they applied this technology to the commercial sector and discovered an opportunity to transform an industry. I recently had an opportunity to Jeff Bennett, Aerospace Project Manager… Continue reading The Workhorse Electric Vehicles Are Revolutionizing An Industry

VW recalls 75,000 cars to fix seatbelt

Volkswagen will recall about 75,000 of its VW Polo and Seat Ibiza and Arona cars after a seatbelt fault was exposed by a Finnish car magazine test drive. A new fix would be offered to affected UK owners from Monday, VW said. The test drive in Finland showed that when three passengers were in the… Continue reading VW recalls 75,000 cars to fix seatbelt

2.7M GM vehicles probed for faulty brake vacuum pumps

2.7M GM vehicles probed for faulty brake vacuum pumpsThe U.S. government is investigating more than 100 complaints of poor brake performance on 2.7 million General Motors big pickups and SUVs.
The National Highway Traffic Safety Administration says a brake vacuum pump can deteriorate, causing increased braking effort and longer stopping distances.
The agency has 111 consumer complaints including nine crashes and two injuries.
The investigation covers 2014 through 2016 Chevrolet Silverado and GMC Sierra pickups. Also involved are Chevrolet Suburban and Tahoe, the GMC Yukon and Cadillac Escalade SUVs.
The agency will determine how often the problem happens and whether a recall is necessary.
GM is monitoring complaints and warranty claims about the brakes and is working with NHTSA to evaluate them, spokesman Tom Wilkinson said Friday.
Any owner who has a problem with brake performance should have them examined by a GM dealer or independent repair shop, Wilkinson said.
They should keep receipts because they could be reimbursed for repairs if there is a recall, he added.
Read or Share this story: https://www.detroitnews.com/story/business/autos/general-motors/2018/11/23/general-motors-investigation-faulty-brake-vacuum-pumps/38590173/

Hyundai shares skid as U.S. prosecutors probe Hyundai car recalls

SEOUL/WASHINGTON (Reuters) – Hyundai Motor (005380.KS) and affiliate Kia Motors (000270.KS) are being investigated by U.S. prosecutors over whether vehicle recalls were conducted properly, a person said and documents reviewed by Reuters showed. FILE PHOTO: The logo of Hyundai Motor is seen on wall at a event in Mexico City, Mexico August 2, 2017. REUTERS/Henry… Continue reading Hyundai shares skid as U.S. prosecutors probe Hyundai car recalls

VinFast announces special price policy on electric vehicles

Viet Nam News HÀ NỘI — Vinfast Manufacturing and Trading Company Limited, a subsidiary of Vietnamese conglomerate Vingroup, on Monday announced a new introductory price policy named ‘Three Zero’ for its electric vehicles. The ‘Three Zero’ price policy includes “Zero depreciation, zero financial expense and zero interest rates” for the firm’s entire electric car and… Continue reading VinFast announces special price policy on electric vehicles