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Airbag sensor problem: BMW voluntarily recalls 150,000 vehicles in North America

The world’s biggest premium carmaker announced on Thursday that it would voluntarily recall more than 150,000 vehicles in North America because of a possible defect in the front passenger airbag seat sensor mat. According to a company spokesman, this voluntary recall is because of the front passenger airbag seat sensor mat defect in some 2004-2006 Read more

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Hyundai Diminishes, Kia Raises Domestic Sales Target

SEOUL (Reuters): Hyundai Motor Co (005480.KS), South Korea’s crest auto manufacturer stated Sunday it had diminished its local sales target for this year by 6% as high oil and gasoline prices are disturbing badly to the consumer’s demands in Asia’s fourth largest economy. Meanwhile, KIA Motors Corp (000270.KS) and the country’s No.2 car producer alleged Read more