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The U.S. should maintain President Barack Obama’s 2025 automotive fuel-economy target because the goal spurs innovation and job growth. By setting a long-term target similar to those of the European Union, Japan and China, Obama is providing the auto industry with a stable market big enough to support sustained innovation. Obama wants average U.S. auto fuel economy to rise from 35.5 miles per gallon this year to a projected 50.8 mpg in 2025. His successor will make a preliminary decision next year on whether to stick with that goal. A recent technical assessment report by the...
Fiat Chrysler Automobiles said it is recalling 1.9 million vehicles worldwide for an airbag defect that is linked to three deaths and five injuries. The aim of this recall is to resolve a defect that may prevent deployment of airbags and seat-belt pretensioners in some crashes. The recall includes models sold between 2010 and 2014, including the Chrysler Sebring, 200, Dodge Caliber, Avenger, Jeep Patriot and Compass SUVs. The data shows that about 1.4 million of the vehicles covered by the recall are in the U.S. Another 142,959 units are in Canada. The recall is the latest in a seri...
It has been officially announced that Nissan has recalled approximately 134,000 2016-2017 Maxima sedans, 2015-2017 Murano crossovers, and 2015-2016 Murano Hybrids due to the potential of a fire. Only models equipped with Intelligent Cruise Control are affected by this recall. The problem is that the Intelligent Cruise Control features an anti-lock brake actuator pump that may allow brake fluid to leak onto an internal electrical circuit board. If that happens, it could result in an underhood fire. Nissan says no injuries or fatalities have been reported as a result of this problem, ...
The celebration of Kia's new $3 billion assembly plant in Mexico, was supposed to be fun and interesting, and it was interesting, but was it really fun? Glad-handing by local officials, lofty praise for the jobs created and money brought in, ceremonial ribbon-cutting with high-ranking executives in from Korea. But, the time for Miguel Angel Lozano to take the stage came, a mayor of Pesqueria, a small town about two hours from the southern tip of Texas. Kia's new plant sprawls over about 1,200 acres in Pesqueria, and, to hear Lozano tell it, his town has almost nothing to sho...
In July 2016, manufacturing output, as reflected in the industrial production index, rose to 103.6 compared to 103.1 in June. Among other factors, improvements in motor vehicles and parts production were reported. While the overall index rose by 0.5%, the manufacturing of durables such as motor vehicles and parts, wood products, and miscellaneous goods rose by more than 1% in July. Motor vehicle and parts manufacturing are some of the key components of the industrial production index. Therefore, a rise in industrial production also indicates robust production growth in the auto indu...
