Insurers sue Hyundai and Kia over costs of vehicle hot-wiring
A crime wave targeting older Hyundai and Kia models not equipped with engine immobilizers could end up costing the insurance industry up to $600 million.
Rear-seat passenger protections lacking in small cars, crash test shows
Small cars did not perform well in a crash test focused on rear-seat passenger safety. The IIHS recommends automakers add restraint technologies standard for front-seat safety to rear seats as well.
Polestar, Volvo delay launch of electric crossovers
Polestar 3 U.S. customer deliveries now expected to begin in Q2 next year. Platform development snafus have also delayed Volvo’s EX90 flagship.
Ranger Raptor embodies Ford strategy of high-margin, low-cost variants
The 2024 Ranger Raptor, which expands Ford’s line of high-performance off-roaders into the midsize pickup segment, costs 67 percent more than the truck’s base model but shares most of the same parts.
U.S. Steel forges ahead on greener, lighter steel as aluminum competition heats up
U.S. Steel Corp. is spending billions of dollars to ramp up production of greener, high-strength steel as the company looks to withstand the rise of aluminum and maintain business in a changing auto industry.