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General Motors recalls 62K vehicles over faulty brake that could cause fire when car is turned off
New York Post· 2025-06-26 14:41
Core Points - General Motors is recalling over 62,000 vehicles due to a faulty brake assembly that poses a fire risk even when the vehicles are off and unattended [1][3] - The recall specifically affects 2019-2024 Chevrolet Silverado Medium Duty 4500HD, 5500HD, and 6500HD models, totaling 62,468 vehicles [3][6] - GM estimates that only about 1% of the recalled vehicles, approximately 625, may have the defect [3] Recall Details - The defect may allow brake fluid to leak into the pressure switch, causing a short circuit that can generate excessive heat and lead to a fire [1][3] - GM advises owners to park affected vehicles outside and away from structures until repairs are made, as underhood fires could occur even when the vehicle is off [4] - Notifications to vehicle owners will be sent by July 28, with follow-up letters when a remedy is available [4] Cause of the Defect - The issue was caused by the use of an unauthorized chemical by the supplier during manufacturing, which can degrade a rubber part in the brake assembly over time [5] - GM has received 160 field reports related to the defect, including one alleged fire, but is not aware of any accidents or injuries associated with the faulty assembly [5]
X @Herbert Ong
Herbert Ong· 2025-06-26 14:18
🚨 BREAKING: $TSLA Robotaxi now officially DEPLOYED in Austin!Tesla’s status upgraded from Testing to Deployed on the city’s AV operator list.Here’s where the others stand:✅ Tesla: DeployedWaymo: DeploymentZoox, ADMT, AVRide, Motional: Testing/MappingThe future just arrived in Texas. ...
China's Xiaomi undercuts Tesla with yet another cheaper car
CNBC· 2025-06-26 13:54
People check out an electric SUV Xiaomi YU7 at a Xiaomi Store in Hangzhou in east China's Zhejiang province Thursday, June 26, 2025.BEIJING — Chinese smartphone company Xiaomi is taking aim straight at rival Tesla with a new electric SUV.Xiaomi's luxury YU7 SUV will start at 253,500 yuan ($35,322), CEO Lei Jun said Thursday, pointing out that the vehicle is 10,000 yuan cheaper than Tesla's Model Y, which starts at 263,500 yuan in China.Prior to the official price announcement, a Citi report had listed expec ...
记者观察:新能源二手车市场信心亟待重构
Zheng Quan Ri Bao Wang· 2025-06-26 13:14
在北京花乡旧车市场,盛夏的热浪与新能源车专区的冷清形成鲜明对比。燃油汽车展区前来看车的消费 者不在少数,而一旁的新能源汽车展位前,却鲜少有人光顾。车商李先生守着几辆贴着"急售"标签的电 动车发愁。"去年38万元收的顶配车,现在挂18万元无人问津,"他指着玻璃窗上一指厚的灰尘道:"买 家怕电池随时报废,我们怕车子烂在手里。" 这一幕正是当下新能源二手车市场的缩影。中国汽车流通协会最新发布的数据显示,今年4月份,新能 源二手车市场渗透率为8.8%,而同期的新能源新车的市场渗透率为47.34%。新旧新能源汽车市场销售 冰火两重天的背后,凸显消费者对新能源二手车信心的缺失。 在笔者看来,消费者对电池衰减的焦虑、技术迭代过快以及检测认证体系的缺失已成为钳制新能源二手 车市场良性发展的关键所在。更深层的市场矛盾根源,实则是产业狂飙突进与配套体系脱节。 国务院印发的《推动大规模设备更新和消费品以旧换新行动方案》明确提出,2027年二手车交易量较 2023年增长45%的目标。二手车交易量的提升,新能源车型无疑扮演着重要角色。今年6月24日,商务 部办公厅发布的《关于组织开展2025年千县万镇新能源汽车消费季活动的通知》中提出 ...
【Tesla每日快訊】 Robotaxi的「關鍵脫離」吵翻天?揭秘背後真相!🔥Semi量產有序推進(2025/6/26-2)
大鱼聊电动· 2025-06-26 11:10
內容簡介: 🔹 嗨!我是大魚,帶你直擊汽車與科技的最新動態!🚗💨 這期影片聚焦三大熱門話題:歐洲汽車市場的驚人轉變、Tesla Robotaxi的爭議風波,以及Semi卡車量產的最新進展!想知道電動車如何席捲歐洲?Robotaxi的「關鍵脫離」為何吵翻天?快來一起探索!🔥 🔹 歐洲汽車市場2025年上半年數據出爐!📊 根據ACEA,新車註冊量微降0.6%,但電動車銷量激增25%,市場份額達15.4%!⚡️ 混合動力車更成為新寵,佔比35.1%。西班牙新能源車暴增79%,中國品牌SAIC Motor超越特斯拉!😲 燃油車時代正在落幕,特斯拉能否扳回一城?你的看法是什麼?🗳️ 🔹 Tesla Robotaxi話題熱度爆棚!🚖 網上爭論「關鍵脫離」吵得不可開交,到底是革命還是風險?我們深入分析真實案例:從UPS卡車倒車到交叉路口小迷航,這些真的是大問題嗎?🤔 FSD技術雖不完美,但數據顯示每1500英里僅一次嚴重干預,潛力無限!未來交通會如何改變?快來留言分享!💬 🔹 Tesla Semi卡車量產加速!🚛 內華達Giga Semi工廠迎來GROB Systems設備,預計2025年底試產,2026年大規模量產,年產 ...
Worthington Steel(WS) - 2025 Q4 - Earnings Call Presentation
2025-06-25 22:50
Worthington Steel Investor Presentation | June 2025 Safe Harbor Statement Selected statements contained in this release constitute "forward-looking statements," as that term is used in the Private Securities Litigation Reform Act of 1995 (the "Act"). The Company wishes to take advantage of the safe harbor provisions included in the Act. Forward-looking statements reflect the Company's current expectations, estimates or projections concerning future results or events. These statements are often identified by ...
BYD Beats Tesla In Europe: Never Been 'Such A Product Offensive Done'
Benzinga· 2025-06-25 22:10
Core Insights - BYD has surpassed Tesla in unit sales in Europe, driven by new vehicle launches and declining demand for Tesla [1][5] - The company plans to release new vehicles rapidly, including the affordable Dolphin Surf EV priced under $25,000 [2][5] - BYD's aggressive product strategy includes launching six cars in less than a year, covering key segments of the European market [3][5] Vehicle Launch Strategy - BYD aims to launch new vehicles faster than any other automotive company in Europe [2] - The Dolphin Surf EV is highlighted as a crucial addition to compete with low-cost EVs in the region [2][3] - The company is also introducing luxury models under the Denza Yangwang brand [3] Sales Projections - BYD is projected to more than double its sales in Europe to approximately 186,000 units this year, with potential to reach 400,000 units in four years [6] - The company has already outsold Tesla in Europe and achieved a milestone by beating Tesla in global EV sales for the first time in 2024 [5][6] Manufacturing Expansion - BYD will begin production at a new manufacturing plant in Hungary by the end of 2025, enhancing production capacity and customization options [5] - Future models will increasingly cater to the European market, with a focus on regional specifications [6] Stock Performance - BYD stock closed at $98.56, down 2.28%, but has seen a year-to-date increase of 48% in 2025 [6]
Tesla Robotaxi Scaling Growth Will Be Slow In Near Term: Goldman Sachs
Benzinga· 2025-06-25 17:15
Goldman Sachs analyst Mark Delaney maintained a Neutral on Tesla Inc TSLA with a price forecast of $285 on Wednesday.Delaney stated that Tesla began robotaxi operations on June 22 in Austin, Texas, for a small group of early access individuals.The analyst recalled that Tesla had said the initial fleet would likely consist of 10-20 Model Y vehicles.Also Read: Tesla Stock Rises After Austin DMV Recognizes Company as Official Operator of Autonomous VehiclesBased on available data on Tesla’s robotaxi launch fro ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-06-25 17:14
@ArmoredCG Learn more and inquire at - https://t.co/8l6IehLrDX ...
Cerence (CRNC) Moves 14.8% Higher: Will This Strength Last?
ZACKS· 2025-06-25 16:21
Company Overview - Cerence (CRNC) shares increased by 14.8% to $9.96 in the last trading session, with a higher-than-average trading volume [1] - The stock has gained 1.6% over the past four weeks [1] - Cerence is experiencing growth due to the adoption of connected vehicle technologies, advancements in AI-driven automotive solutions, and diversification into non-automotive sectors [1] Financial Performance - Cerence is expected to report a quarterly loss of $0.34 per share, reflecting a year-over-year decline of 279% [2] - Projected revenues for the upcoming quarter are $53.93 million, which is a decrease of 23.6% compared to the same quarter last year [2] - The consensus EPS estimate for Cerence has remained unchanged over the last 30 days, indicating a lack of upward revisions in earnings estimates [3] Industry Context - Cerence is part of the Zacks Computers - IT Services industry, which includes other companies like Telos Corporation (TLS) [3] - Telos is expected to report an EPS of -$0.05, showing a year-over-year improvement of 44.4% [4] - Both Cerence and Telos currently hold a Zacks Rank of 3 (Hold) [3][4]