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General Motors might have cut more than 6,000 jobs this year, but it still might need to further shrink its manufacturing operations to address bloated inventories of some vehicles amid plateauing U.S. sales and pressure from Wall Street to avoid overproduction. The majority of GM's U.S. assembly plants, including some where a shift already has been eliminated, produce vehicles that on average have at least an 80-day supply, 33 percent more than what the industry generally considers healthy. GM has at least seven U.S. assembly plants that on average produced vehicles with greater than...
About 310,000 Sienna minivans are recalled by Toyota Motor Corp. in the U.S.. The carmaker will work on fixing shift levers that could move out of park, perhaps causing the vehicle to roll away. The recall affects 2005-07, 2009 and 2010 Siennas, the automaker's North American unit. "Grease inside the shift lever assembly could transfer to other internal components," causing them to malfunction, Toyota said. The problem may cause the shift lever to slip out of park without the brake being pressed. This could cause the vehicle to roll away and may lead to a crash. The company ...
More than 1 million Mercedes-Benz cars and SUVs are being recalled by Daimler worldwide. The safety recall covers 495,000 vehicles in the U.S., 400,000 in Britain, 76,000 in Canada and a few hundred thousand in Germany, company officials said. The automaker did not immediately have a complete worldwide total. An electrostatic discharge, coupled with a broken clock spring and insufficient grounding of steering components, can lead to inadvertent deployment of the driver side front airbag in vehicles subject to the recall, the company said on Monday. As part of the fix, it said dealer...
According to the local news report and a former Tesla employee, the electric vehicle maker fired about 400 employees last week. The dismissals were a result of a company-wide annual review, Tesla said in an emailed statement, without confirming the number of employees leaving the company. "It's about 400 people ranging from associates to team leaders to supervisors. We don't know how high up it went," said the former employee, who worked on the assembly line and did not want to be identified. Though Tesla cited performance as the reason for the firings, the source ...
Tesla plans to recall about 11,000 Model X crossover vehicles due to possible issues with their second-row fold-flat seats. Only about 3 percent of the electric SUVs being recalled are expected to have issues, which the carmaker said it can correct in about 10 minutes with its mobile service operators. The problem, which was discovered in internal testing, involves incorrectly adjusted seat cables. Tesla has not received reports of any issues or accidents relating to the problem, it said. “We will be conducting a voluntary recall to inspect the affected vehicles and confirm wh...
