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Tag: auto industry


Legal

GM Recalls 800,000 Trucks for Faulty Power Steering

August 7, 2017

Via: Fortune

General Motors is recalling nearly 800,000 trucks that have been found to suddenly lose power steering, potentially causing drivers to lose control of their vehicle. The problem, according to the National Highway Traffic Safety Administration, can be triggered when a vehicle is using […]


Finance

Toyota and Rival Mazda Could Be About to Build a $1.6 Billion Assembly Plant in U.S.

August 4, 2017

Via: Fortune

Toyota Motor (TM, -1.28%) and rival Mazda Motor (MZDAY, +4.48%) are expected to announce plans on Friday to build a $1.6 billion U.S assembly plant as part of a new joint venture, a person briefed on the matter said. The plant will be capable […]