1.
U.S. markets recover from steep losses
DETROIT, Minn., Nov. 28 (UPI) -- U.S. automaker General Motors said it was offering Chevrolet Volt owners a replacement vehicle while regulators investigate a potential after-crash fire hazard.
"We are contacting all Volt owners to assure them and reassure them the car is safe to drive. The Volt is our pride and joy and we will do all we can to make Volt owners as happy with it as we can," Mark Reuss, head of General Motors' North America, was quoted by USA Today Monday as saying.
The National Highway Safety Traffic Administration said it had opened an investigation to determine if the Volt's batteries had a high probability of catching fire after a crash.
In several tests, the car's lithium-ion batteries either caught fire or became heated, USA Today reported.
The Volt runs on an electric motor and a gasoline engine, the latter of which kicks in when the electric power from the advanced battery system is depleted.
|
|
|
|
|
|
| Additional Business News Stories | |
JAKARTA, May 24 (UPI) --
Indonesia needs to address loopholes in its moratorium on deforestation, Greenpeace said.
|
LISLE, Ill., May 24 (UPI) --
A new special operations tactical vehicle has been unveiled by three U.S. companies.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
It is a whole new ball of wax in Europe these days.
|
| Stories | Photos | People | Comments |
View Caption
