Tuesday Ticker: Ford to pay near-record $165-million penalty on recall failure; Northvolt considers possibility of bankruptcy protections
Toronto, Ontario — In this weekly Tuesday ticker, Ford Motor Company has agreed to pay a near-record $165-million penalty to the National Highway Traffic Safety Administration (NHTSA) for allegations of failing to quickly respond to recall measures; while Northvolt is reportedly considering the possibility of bankruptcy protections in the United States. Fine finds Ford Motor […]
Burning Batteries: Stellantis recalls 194,000 Jeep PHEVs globally over battery fire risks; 14,000 in Canada
Toronto, Ontario — On Monday, Stellantis announced that it is recalling 194,000 plug-in hybrid electric Jeep SUVs in order to address fire risks and potential battery components. The recall specifically affects 14,000 in Canada, 154,000 vehicles in the United States, 700 in Mexico and approximately 26,000 outside of North America. The automaker is further pursuing […]
Powering Down: Hyundai, Kia recall 20,000 EVs in Canada over power loss risk
Toronto, Ontario — Hyundai, Kia and Genesis are recalling 26,188 electric vehicles (EVs) in Canada due to a defect which could lead to a potential power loss. The recall was issued due to the risk of a potentially damaged Integrated Charging Control Unit (ICCU) in some models which could stop charging the vehicle’s 12V battery. […]
Recall Rankings: Ford the most recalled vehicle brand in the United States for 2023
Toronto, Ontario — According to data from the National Highway Traffic Safety Administration (NHTSA) Ford is the most recalled vehicle in the United States, topping the charts at 54 recalls. In its annual report, the NHTSA notes that across 54 recalls for 2023, affected vehicles from Ford numbered around 5,692,135, nearly three million more than […]
