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NHTSA has “active” investigations into engine issues related to certain Hyundai and Kia vehicles, the regulator told Reuters black cufflink uk sale. “These investigations are ongoing – no final conclusions have been reached,” it added. Hyundai and Kia have already set aside roughly 1 trillion won ($885 million) in 2017 and 2018 to cover costs mainly stemming from recalls over engine problems. In the United States, Hyundai recalled 470,000 Sonata sedans in 2015 due to the failure of “Theta II” engines. In 2017, it expanded its U.S. recall to 572,000 Sonata and Santa Fe sport utility vehicles, citing the same engine issue, the NHTSA said..
BEIJING/SHANGHAI (Reuters) – Tesla Inc (TSLA.O) is cutting the price of its Model X and Model S cars in China, the U.S. firm said on Thursday, in a shift in strategy that will see it take more of a hit from tariffs linked to a biting trade war between China and the United States black cufflink uk sale. The electric carmaker, led by billionaire CEO Elon Musk, said it will cut prices of the two models by 12-26 percent to make the cars more “affordable” in the world’s top auto market, where sales of so-called new-energy vehicles are rising fast..
The move comes amid severe trade tensions between China and the United States, which has seen extra tariffs slapped on U.S black cufflink uk sale. imports into the country, including automobiles, hurting Tesla which imports all the cars it currently sells in the market. “We are absorbing a significant part of the tariff to help make our cars more affordable for customers in China,” Tesla said in a statement sent to Reuters. The move marks a shift from July when Tesla was one of the first U.S. carmakers to raise prices in the market in response to tariffs. The firm hiked prices then on its Model X and S cars by about 20 percent..
Tesla warned last month it was facing major problems with selling cars in China due to new tariffs that would force it to accelerate investment in its first overseas Gigafactory in Shanghai. The carmaker last month secured the site for the facility, which will help it avoid steep import tariffs black cufflink uk sale. The firm, which recently launched pre-sales of its new Model 3 car in China, added in its statement that the car’s pricetag would start from 540,000 yuan ($77,928.83) for a dual motor all-wheel drive version, and 595,000 yuan for a performance version..
BARINAS, Venezuela (Reuters) – When Ceferino Angulo heard screams and gunshots one night last year close to his dairy farm on the western plains of Venezuela, he tried to call the police, but there was no phone signal black cufflink uk sale. He was not surprised. A phone tower, built by state telecommunications firm Cantv on his land to provide coverage to his local area outside the western city of Barinas, had stopped working. The tower, set in rolling grassland on his 57-acre farm, was overgrown with vines snaking up its pylons. Its guardhouse was abandoned almost a decade ago and no Cantv employee had visited in three months, 54-year-old Angulo said..