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Tesla marks record deliveries in Q3, ninth straight profitable quarter

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Tesla’s earnings were reported to investors on October 20, and the financial results paint the last quarter as bright despite the ongoing pandemic and supply chain issues. For the ninth straight quarter, Tesla has generated a profit from its operations, achieving a $2.0 billion operating income on a total gross profit of $3.66 billion. Markers […]
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airbag

NHTSA probe launched into 30 million more Takata airbags

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On Monday, the National Highway Traffic Safety Administration announced that yet another potential airbag inflator recall could be on the way. Takata airbag inflators in as many as 30 million more vehicles are being investigated by the government agency as potentially defective. A document exclusively seen by Reuters on Sunday indicates that vehicles between the […]
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standards

Proposed 2026 fuel economy standards put pressure on automakers and...

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On August 5, the NHTSA under the Biden Administration announced they would be seeking new, stricter fuel economy standards for all new light vehicles. The proposed standards repeal the loosened fuel economy rules from the Trump era and aim to set the fleet average economy at 52 miles per gallon by 2026. As the NHTSA […]
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fire

Chevy Bolt EV owners told not to park vehicles inside...

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In November 2020, a National Highway Traffic Safety Administration (NHTSA) recalled nearly 69,000 vehicles due to a fire risk. A Consumer Alert has now been issued by the NHTSA for Chevy Bolt owners who were affected by that recall, whether or not the recall had been completed. Owners are being urged not to park their […]
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recall

GM to issue another Takata airbag recall for 5.9M trucks...

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After taking more than four years to reach a conclusion, the NHTSA has finally decided to mandate another Takata airbag recall for General Motors vehicles. The recall will affect 5.9 million vehicles and is expected to cost GM around $1.2 billion US. Like other Takata airbag recalls, the NHTSA has concluded that airbags used in certain trucks […]
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