cars – Page 8 – One America News Network

US opens probe into over 110,000 Ford SUVs on seat belt concern

The National Highway Traffic Safety Administration said it had received three complaints, alleging an inadvertent deployment of the seat belt retractor pretensioner.

BROWNSTOWN TOWNSHIP, MI - AUGUST 13: A Chevrolet Volt extended-range electric vehicle sits at an event where Fritz Henderson, CEO and President of General Motors, announced that GM will invest $43 million in Brownstown Township, Michigan to manufacture lithium-ion battery packs for the Chevrolet Volt and other extended-range electric vehicles at the GM Brownstown Battery Assembly facility August 13, 2009 in Brownstown Township, Michigan. The facility is the first lithium-ion battery manufacturing plant in the U.S. operated by a major automaker. (Photo by Bill Pugliano/Getty Images)

GM Cuts 1K Jobs In Cost-Cutting Reorganization

General Motors laid off almost 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions.

WASHINGTON, DC - AUGUST 22: An Advance Auto Parts location is seen on August 22, 2024 in Takoma Park, Maryland. Advance Auto Parts has announced the sale of its Worldpac subsidiary to the Carlyle Group for $1.5 billion in cash, as part of its continued efforts to streamline operations. (Photo by Tierney L. Cross/Getty Images)

Advance Auto Parts To Shut Down At Least 500 Stores, Reducing Workforce As ‘Car Repairs Decline’

The automotive aftermarket parts provider Advance Auto Parts announced on Thursday that it will close more than 500 stores by mid-2025, while also cutting jobs in an effort to save money.

WASHINGTON, DC - NOVEMBER 07: Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC. The Federal Reserve cut interest rates the second time this year, cutting its benchmark lending rate by a quarter percentage point as they extend efforts to keep the US economic expansion on solid footing amid concerns about a weakening labor market. (Photo by Kent Nishimura/Getty Images)

Fed Cuts Interest Rates Again, Fed Chair Powell Says He Won’t Resign

The Federal Reserve lowered the federal funds rate for a second consecutive time on Thursday.

Trader Jonathan Mueller wears a Trump hat as he works on the floor of the New York Stock Exchange (NYSE) at the opening bell on November 6, 2024, in New York City. Wall Street stocks surged in opening trading on Wall Street Wednesday after US voters sent Donald Trump back to the White House and delivered him a Republican Senate. Major indices were up 1.8 percent or more in the early going as hopes about expected tax cuts and regulatory easing more than offset worries about higher tariffs. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)

Wall Street Soars To New Records Following Donald Trump’s Historic Election Victory

Donald Trump’s election victory was welcomed happily by Wall Street, with all three major benchmarks hitting record highs on Wednesday.

Tesla CEO and X owner Elon Musk rides in Tesla's robotaxi at an unveilling event in Los Angeles, California, U.S. October 10, 2024 in this still image taken from video. Tesla/Handout via REUTERS

Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers

Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car, saying it would be “pointless” unless the car was fully autonomous.