Industry Voices
Toyota Takes Action, Recalling Over 280,000 Vehicles Over Transmission Issue
Toyota announced a recall of over 280,000 Tundra, Sequoia, and Lexus LX 600 vehicles in the US. The transmission issue could cause the cars to drift forward when in neutral. Forbes reports that a software update will be provided to address the potential safety risk, with notifications to owners by late April. This follows a previous recall of one million vehicles for a different issue in Canada and the US.
By Dabbie Davis
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Hyundai's 3.3-liter V6 Engine Faces Petition Over Reliability: NHSTA Looking into Claim
The National Highway Traffic Safety Administration (NHTSA) Office of Defects Investigation (ODI) scrutinizes a petition urging an inquiry into potential issues affecting Hyundai vehicles in the US, notably those with Hyundai’s 3.3-liter V6 engines. Dated February 2, 2024, the petition awaits ODI review, potentially leading to a recall of 60,049 vehicles if approved.
By Dabbie Davis
Hyundai Issues Recall for More Than 90,000 Genesis Cars Over Fire Concerns
Hyundai initiates recall for 90,907 Genesis vehicles due to potential fire hazard linked to starter solenoid. Models affected include Genesis G70, G80, G90, and Hyundai Genesis. NHTSA warns of electrical malfunction from water infiltration. No accidents reported. Dealerships to install remedy relay kit free of charge.
By Dabbie Davis
Ford's CEO Reveals Company Contemplates New Manufacturing Locations After Latest Auto Workers Strikes
Ford's CEO Jim Farley discusses potential new manufacturing sites post-auto workers' strikes at the Wolfe Research Global Auto Conference. Ford reconsiders locations, especially for electric vehicles, after a 33% wage increase resulting from a six-week strike. Farley highlights a significant shift in Ford's union relations and manufacturing strategy.
By Dabbie Davis
Stellantis Faces 10% Profit Slump Amid North America Labor Strikes
Stellantis targets double-digit profit margins in 2024, despite facing higher labor costs in North America. A 10% fall in operating profit during the latter half of 2023, mainly due to strikes at its key profit-generating North American facilities, challenges its outlook. Meanwhile, Stellantis revealed potential job cuts at its Warren Truck Assembly Facility, adding to the firm's strategic adjustments amid industry upheavals.
By Dabbie Davis
Volkswagen Import Obstacle: US Cites Forced Chinese Labor Issues
Luxury cars including Porsches, Audis, and Bentleys are detained at US ports amid forced labor accusations in China. Volkswagen, the owner, is scrutinized for allegedly benefiting from human rights abuses in Xinjiang. The U.S. has blocked imports, pressuring Volkswagen to investigate and reassess its partnerships in China.
By Dabbie Davis
Kia, Hyundai Push Effort to Combat Rising Car Thefts in Cleveland
Kia and Hyundai are escalating efforts to combat the surge in car thefts, prompting lawsuits from Cleveland and other cities. The automakers are rolling out free anti-theft software updates and organizing installation events nationwide. This initiative, responding to vehicles made without engine immobilizers between 2011-2021, aims to significantly reduce thefts, addressing the vulnerability highlighted by social media and leading to substantial insurance challenges.
By Dabbie Davis
