Nissan Motor Co. will recall about 841,000 vehicles worldwide, including UK-built Micra subcompacts, as a result of a steering wheel glitch that could result in a loss of steering, the automaker said.
Nissan is recalling certain models of the Micra car produced in the UK and Japan between 2002 and 2006, as well as the Cube minicar that was produced in Japan around the same period.
After making payments on its loan for more than a year, Tesla on Wednesday wired payment of $451.8 million to fully repay the loan with $26 million in interest and prepayment penalties. The payment was made using a portion of the $1 billion the company raised last week through offerings of common stock and convertible senior notes.
“I would like to thank the Department of Energy and the members of Congress and their staffs that worked hard to create the ATVM program, and particularly the American taxpayer from whom these funds originate,” Tesla CEO Elon Musk said in a statement.
General Motors Co. is recalling more than 27,000 Cadillac SUVs worldwide because the wheels can fall off.
The company says the recall affects the 2013 Cadillac SRX with 18″ wheels. Canadian safety regulators say the wheel nuts may not have been tightened enough at the factory.
Renault has gone straight to the heart of the target market for its new Captur crossover with ‘Captur Life’, the biggest ever car event in Westfield Shopping Mall.
Daimler may sell four company-owned Mercedes-Benz dealerships in Germany to cut costs and help close a profitability gap with rivals BMW and Audi, which rely more on franchises run by private entrepreneurs to sell cars.
