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Chrysler’s big fine

Chrysler’s big fine

America’s largest auto manufacturer can afford it. Fiat Chrysler has been slapped with a huge 105 million dollar fine. It is, to date, the largest known fine handed out by the NHTSA. While the fine is justified, it also beggars belief. It has to be remembered that America’s traffic safety authority is punishing the manufacturing giant for the bungling of millions of product recalls of their vehicles mainly for safety reasons. Chrysler’s punishment includes the repurchase of over five hundred thousand pickup trucks manufactured over a number of years towards the end of the last decade. The steering mechanisms of…

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How one billionaire puts his money where his mouth is

How one billionaire puts his money where his mouth is

Tesla Motors’ founding CEO Elon Musk has acquired over eighty thousand shares in the company. At this stage it may be small change for Musk, but for the ordinary investor it is a fortune. Musk grabbed the shares while they were trading at an average of $242.00 and worth $20,000,000.00 overall. Musk’s move is noteworthy and indicative of the faith he places in his own company. Deutsche Bank and Credit Suisse have both rated the Tesla stock as a ‘buy’. They also have a target objective in mind, setting the share price near $300 in the short term. Something is…

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Thanks to Google, the Street View will soon be clean

Thanks to Google, the Street View will soon be clean

Showing that it is serious about making positive inroads to a cleaner environment and cutting carbon emissions, which are contributing towards global warming and climate change, Google is testing pollution-sensing devices in its Street View motor cars. These vehicles have been fitted with hardware which can measure harmful compounds present in the atmosphere. These compounds include those commonly emitted by motor vehicles, carbon monoxide and methane. Although the tech is still in its early testing phases, Google has made its intentions clear. Once the hardware is deemed to be ready for use, Google will be adding the collected data to its…

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Exciting news for Ferrari fans

Exciting news for Ferrari fans

On the eve of the Italian motor manufacturing legend’s IPO and after the emotionally-charged victory of its Formula One supremo in Hungary, comes exciting news for Ferrari fans around the globe. This news is particularly for those who will be able to afford the prancing horse’s latest convertible. Ferrari’s parent company Fiat Chrysler has announced that it will be floating its famous sports car manufacturer on the Wall Street Stock Exchange as early as 2016 and is expecting an initial windfall of ‘at least’ 10 billion euros. Most Grand Prix fans and pundits are still talking about the most exciting race for…

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Finger pointing and speed bumps, vehicle recalls galore

Finger pointing and speed bumps, vehicle recalls galore

The saga of automotive product recalls does not seem to want to end. This time it is Jaguar Land Rover Automotive who is bringing back cars to its workshop. However, the car manufacturer is not taking the sole blame for these product defects. After all, the company initiated the design, manufacture and management of the still-new range of Range Rovers and Range Rover Sport SUVs. This time, the doors kept on opening rather than keeping drivers locked out of their vehicles. A computer bug is unlocking the cars’ doors without letting the drivers know. This nasty little bug, whether unwittingly or deliberately, is…

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Surprise, surprise!! General Motors is recalling vehicles again

Surprise, surprise!! General Motors is recalling vehicles again

General Motors has again planned to recall its vehicles. This time the recalls are happening in India, one of the world’s most populated countries. The latest news is that over 150,000 GM vehicles are being recalled to fix wiring faults related to the remote keyless entry. It is one of the largest recalls in India since 2013. In India alone, the world’s third largest car manufacturer has already recalled over 800,000 vehicles. Two years back, Indians saw over 100,000 Tavera SUVs being recalled to address problems related to emission standards and some other regulatory breaches. This time around it is the Chevrolet…

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GM is recalling thousands of vehicles

GM is recalling thousands of vehicles

General Motors has recalled two of America’s most loved vehicles. The automaker has recalled the 2014 Chevrolet Spark and 2015 Chevrolet Sonic for carrying out necessary repair works on them; it has also recalled the 2006 Hummer H3 and 2009 Hummer H3T for similar purposes. Overall, a hefty two hundred and fifty thousand GM manufactured cars are getting towed in. The company has taken such measures after 42 fires and 3 minor injuries were reported. However, only 11 of these incidents were reported directly to GM. All other incidents were reported to the National Highway Traffic Safety Administration. The Hummer’s connector module…

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Light at the end of the tunnel for Uber

 Light at the end of the tunnel for Uber

Uber, the innovative taxi hailing enterprise, continues to be mired in controversy. No matter where they are, Uber continues to be stymied by jealous rivals and laggard officials. Uber has been bothered by serious roadblocks in four continents. Three EU member nations have banned Uberpop outright, but in France the service has been suspended pending a constitutional court ruling. In short, Africa’s economic powerhouse continues to make international headlines for all the wrong reasons. On one hand, there is Eskom, South Africa’s state-owned energy supplier, depriving the country of billions of dollars each month, lurching from one crisis to the next. Then,…

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Google’s self-driving cars hit roads

Google's self-driving cars hit roads

Google first introduced the world to their self – driving cars on May 13th 2015 at a presentation to demonstrate how the car works near the company’s headquarters. The car is now making rounds on the streets around that area for a few days. The latest models of Google’s specially built self-driven cars are out in the market and all set to hit roads. The cars have been launched and Google has already sent them out on the streets for people to get a close look on how these cars work. This is the first time ever in history that a self-driving…

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Samsung’s see-through trucks could help avoid accidents

Samsung's see-through trucks could help avoid accidents

One of the most daunting experiences for anyone behind the wheel is getting stuck behind a large truck that takes ages to move. Most vehicle owners try their best to move ahead of these trucks and this is one of the major causes for road accidents. Thanks to Samsung’s new innovative technology, car owners might manage to move past these trucks without risking their lives. The technology in question is called ‘Safety Truck’. What this does is displays the front of the road at the rear of the truck. This enables vehicle owners to take a look at what’s ahead of…

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