Industry Voices
Ford Recalls Multiple Vehicle Models for Safety Checks, Include Over 150,000 Cars
The NHTSA has revealed three recent recalls affecting over 150,000 Ford vehicles. The first pertains to Ford Transit cars (2023-2024) due to rear axle lubrication issues. The next involves E-350 and E-450 models (2021-2022) at risk of power steering problems. Lastly, Ford Expedition and Lincoln Navigator (2018-2020) face seatbelt locking concerns.
By Dabbie Davis
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Stellantis Weak Sales: Unsold Cars Make Biggest Inventory Since Pandemic
As the automotive sector faces an 80-day inventory surge, dealerships nationwide brace for weakened demand. Reports revealed Cox Auto data highlights a 38% rise in January's days' supply. Stellantis responds by pledging to trim inventory by 30%, employing incentives and price adjustments, echoing broader market trends.
By Dabbie Davis
Jeep Grand Cherokee 4xe, Wrangler 4xe Face Recall for Software Error Affecting nearly 200,000 Vehicles
Stellantis is recalling 199,143 Jeep Wrangler 4xe and Grand Cherokee 4xe plug-in hybrid SUVs due to software faults affecting the hybrid control processor. The issue causes the windshield defrost system to malfunction, posing safety concerns. Owners can expect complimentary software updates starting April 5.
By Dabbie Davis
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
