Industry Voices
Michigan Faces Subzero Chill, Leading to Vehicle Problems and Crashes
Michigan drivers face vehicle troubles in subzero temperatures as arctic air grips the state. A surge in service calls, up approximately 240%, has been reported, mainly for dead batteries, flat tires, and towing. Electric vehicle charging stations experience congestion, frustrating drivers. The extreme cold prompts AAA advisories, including car battery checks and maintaining a half tank of gas. The U.S. witnesses record cold, with schools closed in response to frigid conditions.
By Dabbie Davis
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Toyota Motor's Japanese Vehicle Plants Reinitiate Operations from Monday
Toyota Motor's Japanese vehicle plants are set to resume operations starting Monday amidst earthquake disruptions. The seismic impact led to a reassessment of operational timelines. Additionally, a Daihatsu safety test scandal halted shipments, raising concerns as production reboots amid recent challenges for the automotive giant. Sato, a former member of Daihatsu's board, expressed, "I had the awareness of the situation, but I couldn't determine the precise magnitude of the issue."
By Dabbie Davis
Hyundai, Kia Theft Rates Explode, Up by Over 1000% Since 2020
Theft insurance claims for Hyundai and Kia models surged tenfold since 2020, rising to 11.2 thefts per 1,000 cars. The absence of crucial anti-theft features and viral social media exposure exacerbated vulnerabilities.
By Dabbie Davis
Stellantis Unveils $50,000 Buyout Offers for UAW Members in 2024
As part of the 2023 UAW agreement, Stellantis initiates $50,000 retirement incentives for UAW Members. These buyouts aid cost reduction by hiring new staff at lower wages. Eligible employees can opt for this offer before December 31st.
By Dabbie Davis
EV Maker Rivian Falls Short on Quarterly Deliveries, Stock Dips
Rivian's struggle with Q4 deliveries, down 10% from predictions, caused a 10% stock drop amidst EV market turbulence. Tesla's overperformance contrasts Rivian's setback, impacting pre-market trading. Rising U.S. interest rates trigger EV price competitions, while Amazon delays Q4 deliveries, focusing on holiday sales.
By Dabbie Davis
Toyota Surpasses Production Milestone Through High US, European Demand
Toyota celebrates a historic year with a global production record, crafting 9.23 million vehicles from January to November. November's 13.6% sales spike highlights soaring demand in the U.S. and Europe.
By Dabbie Davis
General Motors Faces Growing Woes as Chevrolet Recalls Mount Up
GM temporarily halted Chevrolet Blazer EV sales in the US due to software quality concerns, promising ongoing software improvements. A new recall involves door strikers in the electric SUV and GM-branded crossovers due to potential fractures discovered during routine pre-installation tests at GM's San Luis Potosi plant in Mexico.
By Dabbie Davis
2022-2023: Mercedes-Benz Metris Faces Recall for Fuel Pump Issues
Mercedes-Benz recalls Metris vans for potential fuel pump issues sourced from a South Korean supplier, impacting models produced between April 2022 and February 2023. Investigations revealed faulty materials from a sub-supplier, leading to a comprehensive recall affecting over 20,000 units.
By Dabbie Davis
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