Category Archives: news

Ford Recalls Transit Vans for Steering Loss

“The Electronic Power Assist Steering (EPAS) ground eyelet joint may have exposed substrate material which is susceptible to corrosion and may lead to a disconnect of the EPAS ground A disconnect of the EPAS ground due to corrosion may result in loss of power to the EPAS Motor and Power Steering Control Module (PSCM), which may result in intermittent or complete loss of power steering assist. A loss of power steering assist may increase the risk of a crash,” Ford said in the required filing. Continue reading

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BMW Classic Partners Party in Dielsdorf August 10th

The process of certifying BMW Group authorized retailers and workshops as BMW Group Classic partners began in 2019. There are now 148 international partners. Support provided by BMW Group Classic headquarters in Munich for the local partners covers its full range of services, from assistance with technical issues, help with procurement of replacement parts, as well as re-manufacturing of specialist tools to provision of specific data/information from the BMW Group Archive and elsewhere. Continue reading

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Retro-Vette? 2025 Chevy Corvette Split-Window ZR1 Coupe

“We went into the ZR1 program with lofty goals, but even our first development tests on-track showed the teams were already exceeding them,” said Tadge Juechter, executive chief engineer, Corvette. “As we worked to develop this car, we continued to leap past expectations, and we knew we had a special Corvette on our hands.” Continue reading

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Ford EVs and Quality Damage First Half Net Income and EPS

Ford Motor (NYSE: F) posted disastrous financial results this week caused by its struggling electric vehicle business and the ongoing costs of large recalls on vehicles of its past. Ford posted Q2 2024 quarter revenue of $47.8 billion, net income of $1.8 billion and adjusted EBIT of $2.8 billion (see the accompanying results chart for Q2 and combined Q1 and Q2 numbers). Leaving aside the Ford spin on the financial results for the moment, the Dearborn based automaker is haunted by its past as well as current management practices sharing a precarious future with other once formidable global legacy automakers. Continue reading

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Stellantis Tanks in First Half of 2024 – Net Profit -48%

“The Company’s performance in the first half of 2024 fell short of our expectations, reflecting both a challenging industry context as well as our own operational issues,” said Carlos Tavares, CEO. “We have significant work to do, especially in North America, to maximize our long-term potential.” Seven or more senior executives have left Stellantis so far this year. Continue reading

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J.D. Power 2024 US APEAL Study Improves Slightly

“Traditional manufacturers have listened to the Voice of the Customer,” said Frank Hanley, senior director of auto benchmarking at J.D. Power. “They’re launching enhanced vehicles that are more in line with what customers want, including improved interior storage and higher quality materials, as well as ensuring features have ease of use. For BEVs, recent launches from traditional manufacturers have surpassed perennial leader Tesla when it comes to owners’ level of emotional attachment and excitement with their new vehicle.” Continue reading

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Bosch Buys HVAC businesses from Johnson Controls, Hitachi

The businesses Bosch wants to buy had  sales revenue totaling ~€4 billion in 2023, employing ~12,000 people worldwide. The transaction includes 16 manufacturing sites and 12 engineering locations in more than 30 countries. The product portfolio covers vast HVAC products for residential and light commercial buildings. This includes brands such as York and Coleman in the U.S. and Hitachi in Asia, for which Bosch will be granted a long-term license. Continue reading

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NHTSA – 31 Second Consumer Alert on Vehicle Theft

“Each year, vehicle theft costs Americans more than $8 billion. Victims are left handling the aftermath, such as higher insurance premiums and vehicle depreciation if they’re lucky enough to get their vehicle back. More than 1 million vehicles were stolen in 2023, a 25% increase in vehicle thefts over the previous few years,” NHTSA said. Continue reading

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Fleet Owners with EVs and Traditional Vehicles Favor EVs

“The electric-vehicle story is much larger than just the retail story,” said Zo Rahim, senior analyst of Research and Market Intelligence at Cox Automotive. “In many ways, electric vehicles can be an ideal solution for many fleet operations, which often have set routes of known distances, vehicles that routinely overnight in the same location, and operations that prioritize the cost of ownership. The fleet business is significant in the U.S. market, and we expect the EV share of the fleet market to expand in the coming years.” Continue reading

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Mattia Binotto Returns to F1 as CEO at Sauber Motorsport

“I am delighted that we have been able to recruit Mattia Binotto for our ambitious Formula 1 project,“ said Gernot Döllner, CEO of AUDI AG. “With his extensive experience of more than 25 years in Formula 1, he will undoubtedly be able to make a decisive contribution for Audi.“ Following his university degree in mechanical engineering at EPFL in Switzerland, the Italian immediately joined the F1 test team of Ferrari in 1995. He subsequently had various positions, from chief engineer to manager of the engine department and technical director. In 2019 he was additionally appointed as team head of Scuderia Ferrari.” Continue reading

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GM Earns $4.4 Billion on Record Revenue – Raises Forecast

“With our new investments, we have an even stronger focus on margins and capital efficiency.,” said Mary Barra, GM Chair and CEO “It was truly a great first half. And we have the products, discipline and strategies to drive future success.” Continue reading

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Hyundai Recalls 55,000 Vehicles for Sudden Power Loss

The fuel control valve in the high-pressure fuel pump assemblies equipped in the vehicles could allow excess fuel to enter the fuel pump due to gradual wear of the FCV plunger. An air/fuel  mixture that runs too “rich” may result in a reduction or loss of motive power at low speeds, increasing the risk of a crash. The problem resulted in a recall in Korea last month. According to HMC, upon detection of a fault, the vehicle entered a “limp” drive mode that limited acceleration when exceeding 60 MPH. Continue reading

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BMW Has Yet Another Airbag Shrapnel Recall

“The inflator for the driver air bag may not have been produced according to specifications by the supplier. In extremely rare cases, the air bag inflator could rupture, which could result in injury or death to vehicle occupants,” BMW claimed in the required NHTSA filing. Continue reading

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Goodyear Sells Off-the-Road Tire Arm to Yokohama Rubber

“The sale of the OTR business marks an important milestone as we continue to execute against our Goodyear Forward transformation plan,” said Mark Stewart, Goodyear Chief Executive Officer and President. “We are grateful to our OTR colleagues who have driven the success of the business and are committed to working closely with Yokohama to ensure a smooth transition for customers and associates.” Continue reading

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First Look – Cadillac SOLLEI EV Concept Convertible

Cadillac today showed an all-electric, 2+2 convertible dubbed pretentiously SOLLEI. It’s derived from sun – ‘SOL’ – and leisure – ‘LEI’. the exterior is finished in “Manila Cream,” a color originally used on Cadillacs in 1957 and 1958.

“SOLLEI reimagines the discovery of travel, envisioning a personalized driving experience that connects one with the natural world around them,” said Erin Crossley, design director, Cadillac. “The concept celebrates Cadillac’s pedigree of elegant convertibles in a modern form by cultivating high luxury through design expressions and experiences.” Continue reading

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