Tag: automotive breaking news
Ford slammed with $165M fine due to recall delays
On Thursday, the National Highway Traffic Safety Administration (NHTSA) fined Ford for delaying a recall of over 600,000 vehicles with faulty rearview cameras. The...
Cybertruck faces sixth recall this year due to faulty drive inverters
Tesla has issued a recall on 2,431 Cybertrucks to address a faulty part that could cause a loss of power to the wheels.
The National Highway...
NHTSA investigates Honda engines amid recall concerns
On Monday, the National Highway Traffic Safety Administration (NHTSA) confirmed it was launching an investigation into 1.4 million Honda and Acura vehicles after receiving...
Debt ceiling vote: default avoided but uncertainty remains
In a last-minute vote to prevent a devastating national default, the Senate approved a bill suspending the debt ceiling on Thursday evening.
Having now cleared...
Indiana courts GM and Samsung EV battery plant with tax incentives
General Motors and Samsung SDI are poised to build their first joint-venture electric vehicle battery plant in Indiana, after local officials approved massive tax...
GM seeks to create domestic lithium supply chain with EnergyX partnership
General Motors has deepened its partnership with mining technology venture Energy Exploration Technologies Inc. (EnergyX) as it looks to establish a reliable lithium supply...
Newly elected UAW President promises change
The United Auto Works union (UAW) has voted for a new President in the organization's first direct election.
The election arrives some years after the...
Carvana announces new debt plan and Q1 loss estimate
On Wednesday, Carvana released an early loss estimate with its first quarter guidance, and shared a new debt plan which would significantly reduce its...
