Business, Equipment

Stellantis CEO Carlos Tavares Steps Down

NEW YORK — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker amid an ongoing struggle with slumping sales.

Wyatte Grantham-Philips | Associated Press
December 2, 2024
Government, Business, Safety

BMW Recalls 1.5 Million Cars Over Braking System

NEW YORK — BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the German carmaker said was partially triggered by hefty expenses of addressing a braking system recall.

Wyatte Grantham-Philips | Associated Press
September 11, 2024
Business, Technology, Safety

Car Dealerships Disrupted by Pair of Cyberattacks

NEW YORK — Car dealerships in North America continue to wrestle with major disruptions that started last week with cyberattacks on a software company used widely in the auto retail sales sector.

Wyatte Grantham-Philips | Associated Press
June 21, 2024
Government, Business, Safety

Kia Recalls Nearly 463,000 Telluride SUVs Due to Fire Risk

NEW YORK — Kia America is recalling nearly 463,000 Telluride SUVs — and urging owners to park their cars outside and away from other structures until an issue posing a fire hazard is fixed.

Wyatte Grantham-Philips | Associated Press
June 7, 2024