Latest News Updates From Richard Clough

The comments follow NHTSA’s move last month to update federal safety standards to remove the mandate for manual brake pedals in autonomous vehicles.

The issue stems from potential overheating in wiring for the electric hydraulic power steering pump in certain Jeep Wrangler and Gladiator vehicles, according to NHTSA.

Shares of Union Pacific and Norfolk Southern slumped the most in more than a year after the STB paused its review of their planned $72 billion merger.

NHTSA said it received two complaints from Rivian owners describing separation of a suspension rod that connects the wheel hub to the vehicle chassis.

Recreational vehicle suppliers LCI Industries and Patrick Industries terminated discussions over a potential merger.

The decision comes at a volatile time for the automotive business, which is grappling with high costs, economic uncertainty and affordability challenges for consumers.

The acquisition gives Eaton a portfolio of thermal-management products designed to control excess heat from data centers or in other applications across the industrial and aerospace sectors.

The latest recall of 6,197 Cybertrucks is due to a potential issue with the installation of an off-road light bar accessory that could detach and increase the risk of a collision.

The problem stems from a faulty battery pack connection part, which can lead to loss of propulsion without warning, Tesla said in documents posted to NHTSA’s website.

Scott Painter, who started TrueCar in 2005 and took the company public, will return as CEO after the transaction closes.