#CarFires
Tesla Model S Burns Causing Stock Price Jitters
After photos were published of a Tesla Model S in Washington state burning following a collision, with a subsequent 9.1% dip in the price of Tesla stock, the company issued a statement. The car, “collided with a large metallic object in the middle of the road, causing significant damage to the vehicle,” the EV startup said. For the day, Tesla shares fell 6.2 percent, or $12.05, to close at $180.95 in New York trading on Wednesday. The decline was biggest one day drop in Tesla’s stock price since July 16. Analysts attributed the steep decline on their opinion that the stock was already overvalued, making it susceptible to any bad news.
NHTSA Opens Preliminary Investigation Into Jeep Grand Cherokee Headliner Fires
Issues about fire safety continue to affect the Jeep brand as the U.S. National Highway Traffic Safety Administration announced today that it is opening an investigation into 146,000 2012 model year Grand Cherokees, after receiving reports from three consumers who say that the headliners of their cars caught fire near the passenger side sun visor.
“The customers reported a burning odor and visible smoke coming from the headliner while the vehicle was being driven. This was followed by flames from the headliner itself. Customers lowered the windows in an effort to clear the smoke but this increased the fire’s intensity. All three vehicles had to be extinguished with a fire extinguisher or by the fire department as they continued to burn after the vehicle was turned off . The fire also caused the sunroof to shatter in one incident, and in another, the fire spread to the passenger seat when the burning sun visor fell onto the seat. In each case, the incident resulted in the vehicle being inoperable requiring it to be towed to the dealership.”
Daimler Loses A Round With EU Over R134a Refrigerant, Full EU Commission Meets
The EU Commission has provisionally sided with France in that country’s decision to stop the sale of new Mercedes-Benz cars because of Daimler’s decision to continue to use R134a refrigerant in it’s HVAC systems. The EU has banned R134a out of concerns for global warming. The only available replacement that meets the new regulations is R1234yf, made by Honeywell, and Mercedes-Benz has insisted that their tests show that the new refrigerant is dangerously flammable and could start an underhood fire under certain conditions. The provisional ruling could be a problem for Daimler in other EU countries.
Does BMW Have a Fire Safety Problem With All of Its Brands' Turbos? 2,916 More Non-Chevy-Volts Recalled For Fire Hazard
It hasn’t gotten nearly as much attention as the handful of early production Tata Nanos that caught fire, or the Ferrari 458 recall, also for fire safety issues, or the newly expanded investigation into Jeep Wranglers burning, and certainly not nearly the attention given the near non-event with that one crash tested Chevy Volt, but BMW appears to have a corporate wide fire problem with turbocharged models that has now resulted in recalls of BMW, MINI and Rolls-Royce vehicles.
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