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The auto industry is warning that US sales declines, which have been consistent over the past year, may continue thanks to tariffs US President Donald Trump plans to slap on steel and aluminum imports. Toyota Motor, which plans to build a new $1.6 billion factory in Alabama with Mazda Motor, said the administration's decision will "adversely impact" car companies by raising costs and prices of cars and trucks sold in the US. That's even as more than 90 percent of the steel that Asia's biggest carmaker uses in the US is from that country. Trade groups represent...
Ford is recalling 2016-2017 Focus RS hatchbacks with potentially faulty head gaskets. The automaker claims they will be replaced free of charge. While the fix is estimated to take less than two days for each vehicle, Ford is offering to pay the cost of a rental vehicle for up to four days if needed. The affected vehicles may emit noticeable white smoke from the exhaust or show low coolant levels with no sign of external leaks due to the failing head gaskets. Model years 2016 and 2017 Focus RS models built from Aug. 3, 2015 to July 6, 2017 are involved in this recall. Ford plans on ...
Ford Motor Co. kept the title of best-selling U.S. brand of 2017. Driven by strong light-truck sales, it rose with 1.3 percent. Even if the full-year volume of sales dropped with 0.9 percent in comparison with 2016, Ford takes this position for the eighth year in a row, and the F series was America's best-selling truck for the 41st consecutive year. Here is the scale of growth and decrease of Ford brands:Ford rose 2.4% in December and fell 0.9% on the year Ford Lincoln fell 17%Ford F series up 2.1%Ford Mustang up 9.2% in the first full month for the new 2018 m...
Lyft takes one step further in the race with several other companies to bring self-driving cars to the masses by obtaining the permission to test autonomous vehicles in California. Lyft's permit, reflected on the California Department of Motor Vehicles (DMV) website, comes two months after it announced plans to offer a self-driving car as a ride option in the San Francisco Bay Area. Lyft already has partnerships in place with autonomous car companies to advance its self-driving strategy. The firm struck a research collaboration earlier this year with Google affiliate Waymo. It h...
Hackers stole the personal data of 57 million customers and drivers from Uber Technologies Inc., a massive breach that the company concealed for more than a year. This week, the ride-hailing firm ousted its chief security officer and one of his deputies for their roles in keeping the hack under wraps, which included a $100,000 payment to the attackers. Compromised data from the October 2016 attack included names, email addresses and phone numbers of 50 million Uber riders around the world, the company said Tuesday. The personal information of about 7 million drivers was accessed as ...