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NHTSA Wants To Regulate Smartphone Map Aids
Monday, June 16, 2014 - 12:20pm | 585Read More...Distracted driving is dangerous. The National Highway Traffic Safety Administration and the Obama White House emphasized that point in a proposed new transportation bill that would not only place restrictions on built-in automobile navigation aids, but also apply to apps on...
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Market Wrap For March 28: Markets Still Positive Despite Giving Up Early Gains
Friday, March 28, 2014 - 4:27pm | 1778Read More...U.S. stocks finished the week on a positive note despite a sell-off in the afternoon. One possible reason for the sell-off is that investors are adjusting their portfolios for the end of the quarter on Monday. Major indices rallied off the opening bell with the Dow Jones Industrial Average...
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303 Deaths Linked To Failed Airbags In GM Vehicles
Friday, March 14, 2014 - 3:57pm | 639Read More...When it rains for General Motors (NYSE: GM), it pours. A review of federal crash data from an automotive watchdog group found that 303 deaths of drivers and front-seat passengers were caused by airbags that did not deploy in recalled GM vehicles. The automaker recalled 1.6 million vehicles last...
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Congress Steps In To Investigate General Motors And NHTSA
Wednesday, March 12, 2014 - 11:57am | 701Read More...Seeing the words “Congressional investigation” paired with the name of your company is never a good thing. Such was the case for General Motors (NYSE: GM) late Monday, when the company found itself the target of a government committee poised to investigate GM admissions it knew in 2004 about a...
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General Motors, NHTSA Under Scrutiny Amid Recall
Monday, March 10, 2014 - 3:37pm | 790Read More...General Motors (NYSE: GM) and the National Highway and Traffic Safety Administration are under scrutiny for taking years to address an ignition switch problem that is tied to 13 deaths. Last month, the Detroit automaker recalled 1.6 million vehicles. NHTSA has launched an investigation into how...
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Mary Barra Takes Charge, Launches Internal Inquiry Into GM Recall
Wednesday, March 5, 2014 - 5:00pm | 605Read More...General Motors (NYSE: GM) CEO Mary Barra is leading an internal review of whether the company delayed a recall of 1.6 million vehicles. In a letter to employees Tuesday, Barra said she would take an “unvarnished” look at how the process was handled. She said she is leading a group of senior...
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Market Wrap For December 24: Markets Higher on Strong Durable Goods Data
Tuesday, December 24, 2013 - 2:25pm | 1026Read More...Major indices moderately gained on Tuesday's shortened trading session which came in higher than expected. The strong durable goods data is yet another economic data set that confirms the economy is improving. The Fed's decision to begin tapering its $85 billion monthly bond-buying program was...
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Elon Musk Optimistic on Federal Investigation of Model S Fires
Monday, November 25, 2013 - 2:41pm | 316Read More...Elon Musk, CEO of Tesla Motors (NASDAQ: TSLA), has full confidence that its Model S electric car will be cleared by a federal investigation that began last week as a result of two battery fires. “In both cases it was a large piece of metal essentially braced against the tarmac,” Musk explained...
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Tesla Raises Model S Ground Clearance Wirelessly – Says It's Not About Safety
Wednesday, November 20, 2013 - 10:08am | 508Read More...While maintaining it has nothing to do with safety, Tesla (NASDAQ: TSLA) CEO Elon Musk said in a blog post Monday the company had rolled out an over-the-air update to the company’s Model S sedan that would result in greater ground clearance at highway speeds. According to Musk, the move would...
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NHTSA Opens Formal Investigation into Safety of Tesla Model S
Tuesday, November 19, 2013 - 2:52pm | 520Read More...Various news media outlets reported on Tuesday that The National Highway Traffic Administration has opened an official investigation into Tesla's (NASDAQ: TSLA) Model S electric cars. On October 1, a video was uploaded on Youtube titled “Tesla car on fire”, which clearly showed a Model S engulfed...
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General Motors Joins Ford, Toyota in Recall Frenzy
Monday, August 20, 2012 - 10:01am | 505Read More...General Motors (NYSE: GM) and Isuzu announced that they are joining the likes of Ford (NYSE: F) and Toyota (NYSE: TM) by recalling about 258,000 SUVs on Saturday. According to the Associated Press, short circuits in power-window and door-lock switches have caused at least 28 vehicle fires. While...
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Early Tests On Accidental Toyota Cars Pin Cause To Driver Mistakes
Wednesday, July 14, 2010 - 10:20am | 234Read More...An article on The Wall Street Journal has cited people familiar with the matter as saying that analysis done by the US Department of Transportation on data recorders from Toyota Motor Corp (NYSE: TM) vehicles has indicated that throttles of some of the vehicles were wide open and brakes were not...
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GM Executive Believes Toyota (TM) Recalls Will Increase Regulation
Wednesday, February 10, 2010 - 12:00am | 111Read More...Mark Reuss, General Motors' president of North America operations said that he believes that the recent Toyota Motor Corp. (NYSE: TM) recalls will lead to increased National Highway Traffic Safety Administration (NHTSA) regulations in the United States. Since the Toyota braking related recalls...













