Subaru is recalling more than half a million SUVs due to an incorrect weight limit label, which could cause drivers to unintentionally overload their vehicles and increase the risk of a crash, federal safety authorities said. The recall involves approximately 541,237 vehicles that do not meet federal motor vehicle safety standards, according to a July … Read more
A new analysis by Bain & Company, as reported by CNBC, paints a picture of a shrinking U.S. auto market by 2024, with market forces making the auto sector uncomfortably competitive. Bain cites declining fertility as the cause, as well as declining immigration — in other words, fewer people to buy cars in the first … Read more
Ford has held talks with electric vehicle maker Xiaomi to form a joint venture to make electric vehicles in the United States, the Financial Times reported Saturday, citing people familiar with the matter. A Ford spokesman denied the FT report, calling it “completely false” in a X post. A Xiaomi spokesperson also rejected the report. … Read more
