GM recalls 450,000 pickups, SUVs including Escalades: See if your vehicle is on list
Auto safety regulators said a brake control module software on some GM models may fail to display a warning light when a loss ...
BMW Recalls 1.5 Million Cars After Two-Year Probe Into Braking Issues
Good morning! It’s Monday, September 16, 2024, and this is The Morning Shift, your daily roundup of the top automotive ...
BMW took two years to discover billion-euro car fault
The company's shares plummeted last week on its profit warning as it revealed the scale of the problem, with €5bn at one ...
Volkswagen, Porsche, Mazda among 100,000 vehicles recalled: Check car recalls here
The National Highway Traffic Safety Administration recently announced recalls for 100,432 vehicles, including Volkswagen, ...
BMW Took Two Years to Find Extent of Defect Behind Recall
It took BMW AG more than two years to discover the extent of a braking system fault that is expected to cost the carmaker ...
Continental AG: Weathering the IBS Recall Storm with Strong Outlook Justifying a Buy Rating
Analyst Alexander Wahl of Stifel Nicolaus maintained a Buy rating on Continental Aktiengesellschaft (CTTAF – Research Report), reducing ...
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BMW braking system recall of 1.5M cars contributes to auto maker's decision to cut back 2024 outlook
The move was partially triggered by hefty expenses of addressing a braking system recall that impacts more than 1.5 million ...
BMW suffers £3.7bn slump over major problems with brakes
Youth unemployment has surged to its highest level in three years, official figures show, dealing a blow to Sir Keir ...
BMW Shares Fall After Recall Costs, Low China Demand Prompt Outlook Cuts — 3rd Update
In afternoon trading in Europe, shares were down 8.9% at 70.76 euros. Shares in Continental, which built the system responsible for the recall, were down 9.1% at 53.42 euros. BMW peer Mercedes-Benz ...
BMW Cuts Financial Targets on Recall Costs, Low China Demand
BMW lowered its sales and earnings targets, saying expensive measures to fix a braking-system problem and muted demand in the ...
BMW Recalls 1.5 Million Cars Over Faulty Brakes
BMW said Tuesday it was recalling about 1.5 million vehicles due to problems with their brakes and cut its outlook for the ...
BMW Recall and VW Job Threat Deepen German Industry Crisis
BMW AG cut its outlook for the year, saying a faulty braking system from a supplier prompted the recall of 1.5 million ...