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BMW expands recall to 1.6 million vehicles worldwide over fire risk

FRANKFURT, Germany – Automaker BMW says it is expanding a recall to cover 1.6 million vehicles worldwide due to possible fluid leaks that could result in a fire. BMW said Tuesday that in some diesel vehicles, coolant could leak from the exhaust gas recirculation module, part of the emissions reduction system. The leaks could combine with soot at high temperatures and lead to a fire. The Munich-based company had already decided to recall 480,000 vehicles in Asia and Europe after fires were reported in South Korea. No injuries were reported. Further examination led to an expansion of the maintenance action. The recall covers some vehicles made between 2010 and 2017; a company statement said that customers with affected cars would be contacted. Some 54,700 vehicles are affected in the U.S and Canada.



Volvo invests in mobile electric car charging startup FreeWire

"Volvo is dipping its toes into electric vehicle infrastructure with an investment in FreeWire, a manufacturer of mobile rapid charging systems for electric vehicles. The investment comes as Volvo ramps up its electrification effort. Earlier this year, the Swedish automaker, who is now backed by China's Geely, announced that it aims for 50% of sales to be "fully electric" by 2025. It's one of the most aggressive electrification plans from a legacy automaker. Today, they announced their investment in the San Francisco-based company through their Volvo Cars Tech Fund earlier today."



Walmart Pairs with Advance Auto Parts (WorldPac's Parent)

Walmart announced a 2019 partnership with Advance Auto Parts to create a specialty auto parts store on Walmart.com. The partnership will bring home delivery and same-day pickup in both Walmart and Advance stores. The venture will sell common auto parts and accessories, including tires, lube and battery services, online and in its 2,500 Walmart Auto Care Centers nationwide. Walmart said the deal will complement its current selection of auto parts and accessories, including tires, lube, and battery services, that are sold online and in its 2,500 Walmart Auto Care Centers nationwide. Advanced Auto Parts Owns WorldPac



Volvo Opens U.S. Factory, Grows 30% In 2018, Will Launch 5 Electric Cars

Volvo opens its first U.S. factory with 150,000 a year capacity. 2018 sales growth year-to-date has been 30% in the U.S. and 14% globally. Volvo will launch five pure electric cars in little over a year from now that will compete mostly with Tesla. Volvo should debut its Polestar 2 pure electric car in Geneva in March 2019, a few months ahead of production start. EV production will start in China, but move in stages to Sweden, Belgium and South Carolina over the following 1-2-3 years.



   

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