The company behind one of the largest safety recalls in automotive history might have a lifeline thrown its way.
Takata, the manufacturer at the heart of the exploding airbag scandal, is being courted by private equity firms, Bloomberg reports, with at least one high-profile company already in close talks. (Read More…)
Confirming rumbling from earlier today, the U.S. Department of Transportation is calling for the recall of 35 to 40 million Takata airbag inflators that pose a potentially deadly risk to motorists.
All of the company’s ammonium nitrate-based frontal airbag inflators that were shipped to automakers without a chemical drying agent are included in the recall. (Read More…)
Ford Motor Company issued three recall notices today, but top billing goes to a sensor problem linked to the sudden downshifting (to first gear!) of certain vehicles.
That safety recall involves 202,000 2011-2012 Ford F-150, 2012 Expedition, Ford Mustang and Lincoln Navigator vehicles. (Read More…)
Like an unoccupied Dodge Charger stuck in “Drive,” Fiat Chrysler Automobiles’ gear selector controversy was rapidly building momentum before yesterday’s announcement.
Responding to numerous instances of runaway vehicles and an expanding National Highway Traffic Safety Administration investigation, FCA voluntarily recalled 811,586 vehicles in the U.S. and 52,144 in Canada, and a further 265,473 in Mexico and overseas. (Read More…)
Like an actor who just can’t cut it, the third-row seats in Tesla’s Model X could fold under pressure, meaning the automaker now has to recall all of the SUVs it has delivered to date.
About 2,700 Model X vehicles sold in the U.S. will be heading back to Tesla for a fix after internal strength tests revealed that a rear seatback could slip. As a result, the company is cautioning owners not to seat anyone in the third row until repairs have been made.
The tests were being conducted prior to the model going on sale in Europe.
The cost of a comprehensive recall of all Takata Corporation airbag inflators could sink the company.
A source at airbag manufacturer Takata told Bloomberg that a worst-case scenario — a recall of 287.5 million airbag inflators — would cost the company $24 billion dollars, far more than analysts previously estimated.
The cost would be the equivalent of four times the projected revenue Takata expects for the 2015-2016 fiscal year, or six times the total value of the company’s assets.
An American man will soon enjoy the task of making people love his controversial company again.
That, Goodyear’s been watching I, Robot, Toyota shatters its corporate structure, sentiment grows for better braking, and the feds say the airbag recall has gone far enough … after the break!
More than half a million 2011 through 2016 Dodge Chargers are being recalled because they can’t stay up.
Jack points on the Chargers may become deformed, causing the cars to slip off their jacks when owners are changing a flat.
Three minor injuries have been attributed to the issue, said Fiat Chrysler Automobiles. One minor headline joke can also be attributed to Dodge’s problem of keeping it up. There’s no word on whether Dodge will be asking sister-brand Fiat for blue pills to rectify the issue. (Read More…)
CivicX is reporting that Honda has ordered a stop sale on all 2-liter four-cylinder-equipped 2016 Honda Civics. To blame: piston pin snap rings, which may be incorrectly installed or not installed at all.
This is the first recall of Honda’s tenth-generation Civic and includes 33,735 units in the United States and an additional 8,000 units in Canada. The recall has not yet been disclosed by the National Traffic Highway Safety Administration or Transport Canada.
According to an official Honda communication to dealers, the missing or incorrectly installed piston pin snap rings “may cause engine stall or failure.”
Nissan announced Friday that it would recall about 870,000 Altimas for faulty hood latches, the third time the automaker has recalled the cars since 2014, according to Reuters.
The affected models are 2013-2015 Altimas, whose secondary hood latches could rust and be ineffective at keeping 20-some square feet of sheet metal from blocking your view of the road.
The automaker attempted to fix the issue in February 2015 and September 2014, but like any good owner of a General Motors 3800 engine will tell you, anything worth doing is worth doing over and over and over again. (Read More…)