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Stellantis Recalls 1.5 Million Ram Trucks Globally Due to Seat Buckle Issue

Stellantis Recalls 1.5 Million Ram Trucks Globally Due to Seat Buckle Issue

Stellantis Recalls 1.5 Million Ram Trucks Globally Due to Seat Buckle Issue
Cincinnati Enquirer Cincinnati Enquirer
Layoffs in this Ohio city could affect more than 1,300 workers

Layoffs in this Ohio city could affect more than 1,300 workers

International Motors expects to terminate most Springfield employees when its sale to Roshel closes in October.
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Regulators Warn of Safety Risks in Older Ford Vehicles Due to Timing Belt Issues

Regulators Warn of Safety Risks in Older Ford Vehicles Due to Timing Belt Issues

Regulators Warn of Safety Risks in Older Ford Vehicles Due to Timing Belt Issues
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Iondrive Advances North American Rare Earth Strategy with New Production Campaign

Iondrive Advances North American Rare Earth Strategy with New Production Campaign

Iondrive Advances North American Rare Earth Strategy with New Production Campaign
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EPA Report Highlights Decline of Manual Transmissions in U.S. Automotive Market

EPA Report Highlights Decline of Manual Transmissions in U.S. Automotive Market

EPA Report Highlights Decline of Manual Transmissions in U.S. Automotive Market
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Chinese EV Maker BYD Surpasses Tesla in Global Sales Amid U.S. Market Barriers

Chinese EV Maker BYD Surpasses Tesla in Global Sales Amid U.S. Market Barriers

Chinese electric vehicle (EV) manufacturer BYD has overtaken Tesla as the world's leading seller of fully electric vehicles. Despite limited access to the U.S. market, BYD's success is attributed to China's long-term investments in innovation and technology. The company's rise highlights the effectiveness of China's strategic focus on the EV sector, which has enabled it to capture significant market share globally. Protective tariffs in the U.S. have restricted Chinese EVs' entry, potentially impacting American automakers' competitiveness in the long run.
Reuters Reuters
China's Chery to invest $75 million in Korea's KG Mobility, eyes overseas markets

China's Chery to invest $75 million in Korea's KG Mobility, eyes overseas markets

SEOUL, Aug 3 (Reuters) - China's Chery Automobile agreed to invest $75 million in South Korean automaker KG Mobility Corp through convertible bonds, KG Mobility said. If converted into shares, the bonds would give Chery a stake of about 10% in the company.
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Federal and Local Authorities Clash Over Autonomous Vehicle Regulations

Federal and Local Authorities Clash Over Autonomous Vehicle Regulations

Federal and Local Authorities Clash Over Autonomous Vehicle Regulations
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NHTSA Upgrades Investigation into Ford Vehicles Over Safety Concerns

NHTSA Upgrades Investigation into Ford Vehicles Over Safety Concerns

The National Highway Traffic Safety Administration (NHTSA) has upgraded its investigation into certain Ford vehicles due to safety concerns related to timing belt failures. The investigation covers 135,551 Ford vehicles from model years 2014 to 2021, including the Fiesta, Focus, and EcoSport models, which have been discontinued. The NHTSA has identified 355 incidents where a low engine oil pressure warning light appeared before a complete loss of power or engine seizure. The issue is linked to timing belt material degrading and clogging the oil pump pick-up screen, leading to reduced engine oil pressure.
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Scout Motors Celebrates American Heritage at Rolling Stone's Stateside Festival

Scout Motors Celebrates American Heritage at Rolling Stone's Stateside Festival

Scout Motors Celebrates American Heritage at Rolling Stone's Stateside Festival
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Edmunds Reports Record Negative Equity in Vehicle Trade-Ins Impacting U.S. Car Buyers

Edmunds Reports Record Negative Equity in Vehicle Trade-Ins Impacting U.S. Car Buyers

Edmunds Reports Record Negative Equity in Vehicle Trade-Ins Impacting U.S. Car Buyers
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Record Negative Equity in Car Loans as Americans Roll Debt into New Vehicles

Record Negative Equity in Car Loans as Americans Roll Debt into New Vehicles

Record Negative Equity in Car Loans as Americans Roll Debt into New Vehicles