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Fisker about to be bought by Volvo’s Chinese owner Geely?
Mon, 18 Feb 2013It’s reported that China’s Geely – which bought Volvo from Ford – is about to take a majority stake in Fisker Automotive. But Fisker has run in to big problems when its battery supplier - A123 Systems – went bust leading to Fisker production grinding to a halt. That has now been resolved with China’s Wanxiang Group buying up A123 Systems and it looks like Fisker is heading East too with Geely set to grab a majority shareholding.
GM recalls ATS, XTS and Impala for brake lamp fix
Thu, 06 Jun 2013Cadillac's 2013 ATS and 2013 XTS and the 2014 Chevrolet Impala are being recalled by General Motors because of a potential problem with the brake lamps. The National Highway Traffic Safety Association reports that the brake lamps may "intermittently flash without the brakes being applied, and the cruise control may disengage." The report states this could cause a crash if the following driver isn't warned to adjust vehicle speed. The recall impacts 1,627 copies of the sedans, and comes just two months after the new Chevy Impalas began rolling off production lines.
Tour of quake zone shows Akio Toyoda 'the depth of destruction'
Tue, 29 Mar 2011Toyota Motor Corp. President Akio Toyoda toured Japan's earthquake disaster zone, including the damaged assembly plant opened there in January, as the world's largest automaker struggles to get a grip on the supplier crisis and resume production. Toyoda's trip on Sunday and Monday took him to Miyagi prefecture, near the epicenter of the killer March 11 quake and an area being positioned by Toyota as its domestic center for small car production.