Vehicles

Volvo Cars Recalls Over 413,000 US Vehicles Due to Rearview Camera Issue

Auto Insurance /
Volvo Cars Recalls Over 413,000 US Vehicles Due to Rearview Camera Issue

Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday. The software will be updated by a dealer or through an over-the-air (OTA) update, free of charge, NHTSA said. The recall, which includes 2021–2025 XC40 […]

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Porsche to Recall Over 173,000 Vehicles for Rearview Camera Issue

Auto Insurance /
Porsche to Recall Over 173,000 Vehicles for Rearview Camera Issue

Porsche is recalling 173,538 vehicles in the U.S. as the rearview camera image may not display when the vehicle is placed in reverse, the U.S. National Highway Traffic Safety Administration said on Wednesday. This is one of the largest single safety recalls issued by Porsche Cars North America in recent years, following a 2022 recall

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Waymo Recalls, Updates Software for Over 3000 Vehicles, US Regulator Says

Health Insurance /
Waymo Recalls, Updates Software for Over 3000 Vehicles, US Regulator Says

Alphabet unit Waymo recalled 3,067 of its vehicles in the United States over a software issue which was fixed through an update, the National Highway Traffic Safety Administration (NHTSA) said Dec. 11. The company had recalled certain vehicles with the 5th generation automated driving systems (ADS) operating with software that caused vehicles to drive past

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Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead

Personal Finance /
Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead

Cathie Wood’s Ark Investment Management is forecasting a major shift in Tesla’s business. Tesla (TSLA 7.21%) is one of the world’s largest manufacturers of electric vehicles (EVs), but rising competition is slowly chipping away at its market share. EV sales are still the main driver of Tesla’s financial results, but CEO Elon Musk is trying

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Ford Recalls 1.9 Million Vehicles Over Faulty Rear-View Camera

Auto Insurance /
Ford Recalls 1.9 Million Vehicles Over Faulty Rear-View Camera

Ford F.N is recalling 1.9 million vehicles worldwide due to faulty rear-view cameras, the latest in a series of callbacks over the issue, the automaker said Tuesday. The recall covers various 2015 through 2019 model year Lincoln MKC, Lincoln Navigator, Mustang, F-250, F-350, F-450, F-550, Expedition, Edge, Transit, Transit Connect, Econoline and Ranger vehicles because

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Ford to Recall Hundreds of Thousands of Vehicles Over Instrument Panel, Leak Issues

Life Insurance /
Ford to Recall Hundreds of Thousands of Vehicles Over Instrument Panel, Leak Issues

Ford Motor Company is recalling more than 355,000 trucks in the U.S over a issue with the instrument panel display, the National Highway Traffic Safety Administration said on Aug. 27. The recall affects certain Ford 2025-2026 models – F-550 SD, F-450 SD, F-350 SD, and F-250 SD – and the 2025 F-150. The instrument panel

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Federal Appeals Court Decertifies SC Class Action on Undervalued Totaled Vehicles

Life Insurance /
Federal Appeals Court Decertifies SC Class Action on Undervalued Totaled Vehicles

A federal appeals court has decertified a class of plaintiffs in a South Carolina lawsuit alleging that Progressive Insurance undervalued total-loss vehicles, the latest turn in multiple, similar suits against U.S. auto insurers. The U.S. 4th Circuit Court of Appeal this week found that Lynn Freeman, the proposed lead plaintiff in the South Carolina litigation,

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‘Strong suspicion’ electric vehicles are responsible for car carrier blazes

Home Insurance /
Morning Midas (2025)

Loss prevention director at protection and indemnity club the American Club breaks with previous consensus       Related Stories Solving the legal puzzle for technology, innovation and insurance Talanx gains 4.6% on the back of strong first-half earnings performance Renewed sanctions on Iran create a legal minefield for marine insurers and shipowners  

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Bank of America Says Autonomous Vehicles Can Boost Insurers’ Profitability

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Bank of America Says Autonomous Vehicles Can Boost Insurers’ Profitability

The shift to autonomous vehicles represents a great unknown for the auto insurance industry, but to analysts at Bank of America Corp. it will be a potential goldmine. Investors are concerned about liability when driverless cars become more mainstream. Under the current US system, the driver is responsible in the event of an accident. But

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