General Motors’s truck brand GMC stated on Friday its 2020 Sierra large pickup trucks are going to have an adaptive cruise control system, in a push to catch up with its competitors. Adaptive cruise control system permits trucks to automatically adjust speed to maintain a set distance behind the automobile ahead. It showcases a single […]
Nissan Motor retains Saikawa as CEO
Nissan Motor stated Friday that Hiroto Saikawa would remain as chief executive, backing the protege of former chairman Carlos Ghosn even as top shareholder Renault had previously pushed for a modification in the Japanese automaker’s leadership. Saikawa’s re-appointment is likely to be observed as a rebuff to Renault SA, which has pushed for leadership modifications […]
Nissan projects the weakest profit in a decade
Nissan Motor attempting to rebuild its deteriorated reputation over failed corporate governance after the criminal investigation of two former executives, slash its operating profit outlook by a sharp 28 percent for fiscal 2019 to its lowest in a decade. At a news conference Tuesday at Nissan’s headquarters in Yokohama, CEO Hiroto Saikawa stated operating profit […]
Chicago alderman arrested for allegedly lying about his car being stolen
Police have arrested a Chicago alderman on charges accusing that he lied when he reported his vehicle had been stolen in January. Police state a news release that Alderman Proco “Joe” Moreno was arrested on Tuesday over felony charges of insurance fraud and obstruction of justice. On Wednesday he was released by a judge from […]
Car Flips Into Chesapeake and Ohio Canal
Two people taken to hospital, injuries are not life-threatening. Two people were taken to hospital with minor injuries after their car tumbled into the Chesapeake and Ohio Canal on Thursday morning, officials stated. County emergency services personnel and the Swift Water Rescue team informed around 7 a.m. close to the Old Angler’s Inn and Great […]
Ford Motor recalls 270,000 Fusion cars to fix a glitch
Glitch can cause the vehicles to roll away if the parking brake is not applied. Ford Motor stated Wednesday that it is recalling over 270,000 Fusion vehicles in North America to repair a transmission glitch that can lead the car to shift gears and roll away. The recall covers 2013-16 Fusion vehicles having 2.5-liter engines that […]
Tesla to upgrade battery software after car fires
Car fire in Hong Kong being the most recent. Tesla Inc is set to update its battery software following two recent fires involving it’s Model S electric vehicles in Shanghai and Hong Kong, the American electric automaker stated on Thursday, adding that investigations into the incidents are continued. “As we keep investigating, out of an […]
German auto sector could experience some decline if Trump announces tariffs
Germany’s automotive sector could drop as much as 12% over “three bad trading days,” if the US President Donald Trump imposes tariffs on European automakers, one analyst informed CNBC. Trump has until Friday midnight (Washington time) to decide if he should impose duties on auto imports. This would possibly damage Germany, the EU’s traditional growth engine, since […]
$340M rental car facility opens at Kahului Airport
Considered as the largest single public works project on Maui and the first of its kind in the state, the Kahului Airport Consolidated Rent-A-Car facility was celebrated by state leaders Tuesday. The new $340 million, multilevel CONRAC includes all significant rental car companies in one place and connects passengers with the airport through electric tram. […]
Volvo Cars is slashing several hundred jobs
Volvo Cars is cutting several hundred jobs according to Swedish radio, which cited sources for the information. The automaker, whose amount of workers has more than doubled during the past decade to about 43,000, confirmed it was revisiting staff and other costs to make sure its business had the “right skills”. “As a growing company, […]
VW to use Traton proceeds to internationalize truck business, says CEO
German automaker Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to spend in the “internationalization” of the division, CEO Herbert Diess stated on Tuesday. Volkswagen on Monday stated it would press ahead with a listing of Traton prior to the 2019 summer break and would spend nearly 1 billion […]
Volvo Offers Post-Crash Guidance to Traumatized Owners via ‘Advisor’ App
To be honest, it is quite satisfying to see Volvo, the famous Swedish automaker, actually caring about its customers by striving to ensure their complete safety on the roads. Human life is a single-tracked essence, after all, and it is a shame to see it so easily wasted on roadside crashes and accidents. According to […]
Warning signs you need a tire replacement
Tires could possibly be the least complicated, yet critical elements of your vehicle, and keeping them in great condition is necessary for a safe drive. However, over time, these can deal with different types of issues, and sometimes, they will signal you in less obvious ways that they need a replacement. The performance of these […]
Judge questions SEC on delay in filing Volkswagen civil suit
A federal judge on Friday asked the U.S. Securities and Exchange Commission on the timing of its civil suit submitted in March alleging Volkswagen AG of defrauding investors and demanded the agency describe its rationale. Volkswagen was caught using illegal software to evade U.S. pollution tests in 2015, causing a global backlash against diesel vehicles […]
Error in JPMorgan loan to General Motors settles for $231 million
Lenders and hundreds of investors agreed to pay $231 million to put an end to their decade-long legal battle over a clerical error in a $1.5 billion loan to General Motors which was administered by JPMorgan Chase, according to court documents. The settlement payment will be an advantage to the unsecured creditors of General Motors’ […]
