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Following news in March that the National Highway Traffic Safety Administration (NHTSA) was looking into reports of faulty airbags in cars made by Kia and its affiliate Hyundai, Kia has announced that it’s recalling more than half a million vehicles in the U.S. because of this issue. The NHTSA decided to investigate this matter after learning of six accidents in which four people died and six were injured. In each of the crashes, the airbags failed to deploy because of an apparent electronic glitch. Kia is recalling 507,000 vehicles, including 2010-2013 Kia Fortes, 2011-2013 K...
The used car market continues to show remarkable resilience with values of two-year-old ex-PCP cars in May 2018 retaining 61% of their value new, a figure unchanged from May last year. Used car search company Cazana said the May performance was one point lower than April, which was reasonable considering the increased numbers of these PCPs car returning to the used car market. Cazana added that diesel values were holding up well despite negative coverage and falling new diesel car sales. Diesel registrations fell for the 14th consecutive month, down 23.6% in May. In comparison to Ma...
When President Xi Jinping announced measures to further open up China’s auto industry to foreign automakers, the global industry initially cheered. Now the cheering has stopped. As details are emerging, foreign auto executives said that this initiative was too narrow and vague to change business on the ground. Central to Mr. Xi’s plan is that it will allow foreign automakers to own Chinese factories, instead of working through a 50-50 Chinese partner, as is currently required. But it turns out that auto executives were comfortable with the current system. Ford’s vi...
Volvo will not offer a diesel in its new S60 sedan, which will be released this spring. The new S60 will be available with a range of four-cylinder gasoline engines as well as two versions of its gasoline-electric plug-in hybrid powertrain. This move comes as Volvo accelerates its shift toward electrified powertrains and away from diesels, which accounted for almost 80 percent of its sales in Europe last year. Diesel sales have taken a hit in Europe because of potential bans on older, more polluting cars with the powertrain and the high cost of improvements to ensure that new d...
Despite a massive fire at the Meridian Magnesium Products facility in Eaton Rapids, Michigan, Ford’s Dearborn Truck Plant will resume F-150 production on Friday, May 17th. Ford officials say that the supply chain for the Super Duty is also restored, which should lead to production restarting at the Kentucky Truck Plant by Monday, May 21st. The Kansas City Assembly Plant is also scheduled to resume work by May 21st. After the May 2nd fire, Ford teams addressed safety concerns and restored electricity as quickly as they could. Their goal was to retrieve and relocate tools so pro...