Monday, May 22, 2017

US probes whether Hyundai, Kia recalled engines fast enough

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US probes whether Hyundai, Kia recalled engines fast enough

US probes whether Hyundai, Kia recalled engines fast enoughDETROIT (AP) — The U.S. government is investigating whether Hyundai and Kia moved quickly enough to recall more than 1.6 million cars and SUVs because the engines can stall, increasing the risk of a crash.


Ford names Hackett as CEO to tackle car rivals, Silicon Valley

Ford names Hackett as CEO to tackle car rivals, Silicon ValleyBy David Shepardson and Joseph White WASHINGTON/DEARBORN, Mich. (Reuters) - Ford Motor Co abruptly named James Hackett as chief executive on Monday, responding to investors' growing unease about the U.S. automaker's slumping stock price and its ability to counter threats from longtime rivals and Silicon Valley. Hackett, 62, a turnaround expert who for the past year has led the Ford unit developing self-driving cars and related projects, replaces Mark Fields, 56, who spent less than three years as CEO. Ford Chairman Bill Ford Jr. said he wanted Hackett to speed up decision-making and cut costs, but did not offer specifics on how the new CEO should change operations at the U.S. No. 2 automaker.


Father of Times Square car crash victim thanks New York in emotional letter

Father of Times Square car crash victim thanks New York in emotional letterAt an impromptu memorial in Times Square, the father of the young woman who was killed there last week has placed a letter of thanks to the city.


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