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Hyundai, Kia recall 570,000 vehicles, advise owners to park outside because of fire risk

The Korean car makers said the recalled vehicles could be equipped with a faulty tow hitch assembly that can take on water and experience an electrical short. This can increase…

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AutoNation beats profit estimates as new-vehicle demand improves

(Reuters) -Top U.S. auto retailer AutoNation Inc reported a better-than-expected quarterly profit on Friday as demand for new vehicles, spare parts and services offset a poor performance in the used-vehicle…

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Tesla Is Recalling 362,000 Cars With Dangerous, ‘Unlawful’ Full Self-Driving Tech

Tesla is recalling 362,000 cars with full self-driving tech, which can cause crashes.The National Highway Traffic Safety Administration posted notice of the recall.The recall notice spans Tesla Model S, X,…

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Ford fights $8 billion cost deficit, aims to secure 8% EV margins

By Aishwarya Nair, Paul Lienert and Joseph White(Reuters) -Ford Motor Co has identified measures to secure 8% margins on its next-generation electric vehicles due at mid-decade, but could take years…

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Ford eyes up to $2.5 billion in cost savings this year

(Reuters) -Ford Motor Co can save up to $2.5 billion this year through better management of production schedules and due to a drop in commodity prices, Chief Financial Officer John…

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Elon Musk says Twitter should be ready for new CEO by end of year

Twitter CEO Elon Musk says he might be ready to step down as head of the social media network by the end of the 2023, by which time it’ll be…

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Ford’s new Mustang Dark Horse has supercar-worthy wheels

The optional carbon fiber wheels include a special ceramic and metal coating to protect them from high heat.Ford’s 2024 Mustang Dark Horse is the automaker’s turn-it-up-to-11 version of its iconic…

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How Electric Turbochargers Are Changing Internal Combustion

Now more than ever, automotive engineers have to chase efficiency wherever they can. In an internal-combustion engine, a turbocharger is a great way to boost power and efficiency for an…

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Gigapresses – the giant die casts reshaping car manufacturing

By Giulio PiovaccariTRAVAGLIATO, Italy (Reuters) - By replacing around 60 welded components with a single module, gigantic aluminium die casting machines made by the likes of Tesla supplier IDRA Group…

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Tesla’s ‘Master Plan 3’ is coming March 1st, Elon Musk says

Elon Musk will present his third “Master Plan” during Tesla’s Investor Day event on March 1st, the CEO announced on Twitter last night. The plan will outline “the path to…

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