Car recalls for March 11-18

U.S. National Highway Traffic & Safety Administration

The U.S. National Highway Traffic Safety Administration has issued recalls for March 11 through 18, including a Ford recall involving 2,602,668 units and a Mitsubishi recall involving 15,347 units. See the list of this week’s car recalls involving ten or more units below, or search USA TODAY’s automotive recalls database for more:

Audi

Volkswagen Group of America, Inc. (Audi) is recalling certain 2021 Audi RS6 Avant, RS7, 2020-2021 A6 Allroad, S6 Sedan, S7, 2019-2021 A6 Sedan, and A7 vehicles. The score line on the passenger air bag may not have been manufactured correctly. 3,388 units are affected. Read more

Ford

Life Line Emergency Vehicles (Life Line) is recalling one 2020 Ford F450 vehicle and one 2017 Navistar Durastar vehicle, equipped with 7×9 combination LED Stop-Tail-Turn reverse lights. The lights may be too bright, exceeding the maximum light output allowed which may adversely affect

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Best Motorcycles 2020

Car & Automotive,automotive industry,Car & Mechanical,Car & Classic,motorcycleMost of the adjustments occurring in the automotive market right this moment, together with tightened credit markets in a capital-intensive industry and elevated government involvement are the newest world challenges. In 1892, German engineer Rudolf Diesel was granted a patent for a “New Rational Combustion Engine”. In 1897, he constructed the primary diesel engine 1 Steam-, electrical-, and gasoline-powered vehicles competed for decades, with gasoline inner combustion engines attaining dominance in the 1910s. Although various pistonless rotary engine designs have attempted to compete with the standard piston and crankshaft design, solely Mazda ‘s model of the Wankel engine has had more than very limited success.

Prompted by global initiatives such as the Paris Settlement, several international locations across the globe are enacting stricter emissions controls on new automobile fashions. As such, automakers are beginning to develop their business into the electrical mobility sector. Every third new automotive sold is anticipated … Read More

(SAII), Avis Budget Group, Inc. (NASDAQ:CAR) – Could Otonomo Be The Best SPAC Deal Of 2021? The Bear Cave Thinks So

Israel-based car data management company Otonomo is going public in a SPAC deal valuing the company at $1.4 billion. The Bear Cave, which normally tries to point out bad companies, shared three key reasons why Otonomo could be the best SPAC for 2021 despite low media exposure.

Large Opportunity: Research firm The Bear Cave believes the opportunity for connected car data is huge and still in the beginning stages. It says Otonomo, going public with Software Acquisition Group II (NASDAQ: SAII), has a large opportunity in the market.

“One opportunity is usage-based car insurance,” the research firm said. This could lead to consumers sharing their data and getting better rates from insurance companies.

Fleet management is mentioned as another area of opportunity within the connected car data market. Avis Budget (NASDAQ: CAR) is mentioned as both a customer of Otonomo and an investor.

Banks could offer more competitive

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Musk Says Tesla, Ford Are Only American Automakers Never To Go Bankrupt

Elon Musk made Twitter the new automotive CEO platform. Herbert Diess is there. Jim Farley too. That created a rich environment for some public interactions between them. The latest one was when Musk named Tesla and Ford as the only American companies never to have gone bankrupt until now.

Musk did that in reply to a Sam Korus tweet that showed how big car manufacturing business failures were until 1927. Among those early thousands of automotive startups, Musk said Ford was the only one to beat the odds.

 

The last company to do that was Tesla, something Musk also celebrated when he stressed his company was the last one to achieve mass manufacturing in 100 years. The Tesla CEO said that a while ago. More recently, he did that in his interview with Sandy Munro in which he recognized some of the flaws that Tesla vehicles present, especially when

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