Autos

  • NewsReuters

    US probes Stellantis 2022 RAM truck models over K1 snap ring transmission failures

    The ODI has received 82 complaints alleging loss of motive power due to an internal transmission failure of the K1 snap ring, the NHTSA said. Of these complaints, 16 describe a complete loss of motive power at speeds greater than 25 miles per hour, without the ability for the vehicle to resume normal operation, the NHTSA said.

    1-min read
  • BusinessReuters

    UPDATE 1-Ford considers making new SUV in Valencia

    Ford is considering making a new sports-utility vehicle (SUV) at its plant in Valencia in Spain, the company said on Thursday. "Given the changes we see in the industry, we believe there is an opportunity to add an all-new multi-energy SUV to the Europe cycle plan, to be manufactured in Valencia." Spanish newspaper Cinco Dias first reported that Ford was weighing production of a new passenger car at the Almussafes plant in Valencia.

    1-min read
  • BusinessReuters

    Ford considers making new SUV in Valencia

    Ford is considering making a new sports-utility vehicle (SUV) at its plant in Valencia in Spain, the company said on Thursday. "Given the changes we see in the industry, we believe there is an opportunity to add an all-new multi-energy SUV to the Europe cycle plan, to be manufactured in Valencia." Spanish newspaper Cinco Dias first reported that Ford was weighing production of a new passenger car at the Almussafes plant in Valencia.

    1-min read
  • BusinessReuters

    CORRECTED-Ford considers making new SUV in Valencia

    Ford is considering making a new sports-utility vehicle (SUV) at its plant in Valencia in Spain, the company said on Thursday. "Given the changes we see in the industry, we believe there is an opportunity to add an all-new multi-energy SUV to the Europe cycle plan, to be manufactured in Valencia." Spanish newspaper Cinco Dias first reported that Ford was weighing production of a new passenger car at the Almufasses plant in Valencia.

    1-min read
  • BusinessReuters

    REFILE-UPDATE 2-Xiaomi takes aim at Tesla in Chinese auto market with $29,870 electric car

    Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla's Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China. During the two hour-long event, Xiaomi CEO and founder Lei Jun told a packed room whose attendees included the bosses of Chinese EV makers Nio and Xpeng that the standard SU7 EV model will be priced at 215,900 yuan ($29,872.02), while the Pro and Max version

    3-min read
  • BusinessAssociated Press Finance

    About 1,400 workers at Ford electric pickup plant to transfer or take retirement offers next week

    About 1,400 workers at a Ford factory in Michigan that makes the F-150 Lightning will move to new jobs or take retirement packages next week as sales of the electric pickup trucks slow. The changes announced in January will take effect Monday, Ford spokeswoman Jessica Enoch said. Ford began the year by cutting production of the F-150 Lightning electric pickup after weaker-than-expected electric vehicle sales growth.

    1-min read
  • BusinessYahoo Finance

    GM will be executing on its EV ambitions in 2024, says CEO Mary Barra

    General Motors chair and CEO Mary Barra tells Yahoo Finance this is the year of executing on big goals.

    5-min read