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Automotive Industry

National Interest
Elon Musk’s $1 Trillion Payday: Tesla Dangles Biggest CEO Deal Ever For World's Richest Man Elon Musk’s $1 Trillion Payday: Tesla Dangles Biggest CEO Deal Ever For World's Richest Man Elon Musk’s $1 Trillion Payday: Tesla Dangles Biggest CEO Deal Ever For World's Richest Man
Elon Musk’s $1 Trillion Payday: Tesla Dangles Biggest CEO Deal Ever For World's Richest Man Elon Musk could soon cash in the biggest paycheck in history — a $1 trillion deal that would make Tesla’s CEO the richest corporate leader ever, but there is a catch. The electric vehicle maker laid out its pay package for the 54-year-old Musk in a regulatory filing on Friday, Sept. 5. The plan would give Musk 423 million more Tesla shares valued at $143 billion today, according to a report from CBS News.  However, the payout would only unlock if Tesla meets specific profit, production, and market capitalization milestones. For Musk to collect the full payout, Tesla would need to cli…

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by Josh Lanier
Arlington, VA
On Your Side
Dashboard Dangers Spark Massive Recall Of Ford Trucks: What To Know Dashboard Dangers Spark Massive Recall Of Ford Trucks: What To Know Dashboard Dangers Spark Massive Recall Of Ford Trucks: What To Know
Dashboard Dangers Spark Massive Recall Of Ford Trucks: What To Know Ford is recalling more than 355,000 trucks after discovering a defect that can cause dashboards to go completely dark, the latest in a string of costly safety issues for the US automaker. The recall impacts about 355,656 Ford pickups, according to a notice from the National Highway Traffic Safety Administration on Friday, Aug. 22. The affected trucks include the 2025 F-150 and 2025–2026 F-250, F-350, F-450, and F-550 Super Duty pickups.  The defect involves the instrument panel cluster (IPC), which may fail at startup, causing drivers to lose access to warning light…

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by Chris Spiker
Arlington, VA
On Your Side
Brake Pedal Defect Prompts Massive Recall Of Honda, Acura Vehicles Brake Pedal Defect Prompts Massive Recall Of Honda, Acura Vehicles Brake Pedal Defect Prompts Massive Recall Of Honda, Acura Vehicles
Brake Pedal Defect Prompts Massive Recall Of Honda, Acura Vehicles More than 259,000 Honda and Acura vehicles are being recalled because their brake pedals may shift out of place, increasing crash risks, officials said. The recall impacts about 259,033 Honda and Acura vehicles, the National Highway Traffic Safety Administration said on Monday, June 16. The vehicles affected include the Acura TLX, Acura MDX, and Honda Pilot. The brake pedal pivot pin in certain vehicles wasn't properly secured during production, the NHTSA said. This could allow the brake pedal to shift sideways, making it difficult for the driver to slow down or stop the car. Off…

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by Chris Spiker
White Plains, NY
On Your Side
White Plains-Based Mavis Tire Acquires Midas In Major Auto Repair Merger: What To Know White Plains-Based Mavis Tire Acquires Midas In Major Auto Repair Merger: What To Know White Plains-Based Mavis Tire Acquires Midas In Major Auto Repair Merger: What To Know
White Plains-Based Mavis Tire Acquires Midas In Major Auto Repair Merger: What To Know A major merger in the auto repair industry is out of the shop and complete. Mavis Tire has finalized its acquisition of Midas from TBC Corporation, the company announced on Monday, June 16. The purchase boosts Mavis Tire's retail network to more than 3,500 stores across the US and Canada. Midas will keep its name and continue operating from its headquarters in Palm Beach Gardens, Florida. Mavis Tire Express Services Corp. is based in White Plains, New York. The financial terms of the deal were not disclosed. "We are excited to officially welcome Midas to the Mavis family," …

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by Chris Spiker
Colonie, NY
On Your Side
Tax Fraud: Colonie Car Dealership Owner Admits Stealing Over $160K Tax Fraud: Colonie Car Dealership Owner Admits Stealing Over $160K Tax Fraud: Colonie Car Dealership Owner Admits Stealing Over $160K
Tax Fraud: Colonie Car Dealership Owner Admits Stealing Over $160K The owner of a Capital Region car dealership formally confessed to dodging hundreds of thousands of dollars in unpaid taxes. Guy Nicolas, of Colonie, and his business, G&A Auto Care Inc., were sentenced in Albany County Court on Thursday, Jan. 23, months after Nicolas pleaded guilty to grand larceny. An investigation led by the New York Attorney General’s Office found that Nicolas failed to file annual sales tax returns for his car dealership business for all but two years between June 2013 and June 2023, the AG’s office said. During that period, he failed to report more than $2 millio…

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by Michael Mashburn
Hempstead, NY
On Your Side
GM Axes Robotaxis, Refocuses On Personal Cars GM Axes Robotaxis, Refocuses On Personal Cars GM Axes Robotaxis, Refocuses On Personal Cars
GM Axes Robotaxis, Refocuses On Personal Cars General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of robotaxis through its subsidiary Cruise LLC.  The company will instead focus on integrating autonomous and advanced driver assistance systems (ADAS) into personal vehicles. The decision, announced this week, comes as GM evaluates the time, costs, and competitive challenges associated with scaling a robotaxi business.  “GM is committed to delivering the best driving experiences to our customers in a disciplined and capital-efficient manner,” said Mary Barra, GM Chai…

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by Joe Lombardi
Wyckoff-Franklin Lakes, NJ
Your Community
Ramapo-Indian Hills' New Superintendent Comes With 2 Doctorates, Plans For Vocational Programs Ramapo-Indian Hills' New Superintendent Comes With 2 Doctorates, Plans For Vocational Programs Ramapo-Indian Hills' New Superintendent Comes With 2 Doctorates, Plans For Vocational Programs
Ramapo-Indian Hills' New Superintendent Comes With 2 Doctorates, Plans For Vocational Programs Ramapo-lndian Hills Regional High School has hired a new superintendent. In a unanimous vote on Tuesday, May 28, the RIH Board of Education voted 9-0 in favor of approving Dr. Ronnie Tarchichi's contract, which goes into effect July 1. The board also voted 7-0 with two abstentions to terminate the contract of interim superintendent Dr. James Baker. When asked about the sudden termination of Baker's contract, the BOE declined to comment on personnel matters. The board also voted 5-4 in favor of appointing Dr. Melissa Quackenbush, the district's director of curriculum, to acting su…

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by Cecilia Levine
Paramus, NJ
Your Community
NJ Reps Aim To Keep AM Radio In Vehicles NJ Reps Aim To Keep AM Radio In Vehicles NJ Reps Aim To Keep AM Radio In Vehicles
NJ Reps Aim To Keep AM Radio In Vehicles Many automakers are removing AM radios from their new electrical vehicles. Some New Jersey congressmen want to change that. Rep. Josh Gottenheimer (D-NJ), who represents most of Bergen County and parts of Passaic and Suffex County is the lead sponsor on a bill in the House of Represenatives that would require automakers to maintain AM radios in their new vehicles at no extra charge to the consumer. The bill, the AM for Every Vehicle Act, has support in the Senate from Sen. Edward Markey (D-MA) and Sen. Ted Cruz. (D-TX) Gottenheimer's bill comes in the wake of reports that BMW, Volkswagen, M…

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by Sam Barron
Towson, MD
On Your Side
Honda Recalls 564K SUVs For Cold Weather Rust Risk Concern Honda Recalls 564K SUVs For Cold Weather Rust Risk Concern Honda Recalls 564K SUVs For Cold Weather Rust Risk Concern
Honda Recalls 564K SUVs For Cold Weather Rust Risk Concern Hundreds of thousands of Honda SUVs are being recalled due to concerns that road salt could cause the frame of the vehicle to rust and unintentionally detach parts of the rear suspension. Officials announced this week that Honda is recalling nearly 564,000 CR-V models that were produced between 2007 and 2011 that were sold in states where salt and other de-icing chemicals are used to clear roads during winter storms. According to Honda, “in salt-belt states where de-icing agents are used to maintain the roadway, the de-icing agents, along with mud and water, could enter the rear frame throu…

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by Zak Failla
Bristol, PA
Breaking News
Philly Mechanic Admits To Putting Phony Air Bags In Cars: Feds Philly Mechanic Admits To Putting Phony Air Bags In Cars: Feds Philly Mechanic Admits To Putting Phony Air Bags In Cars: Feds
Philly Mechanic Admits To Putting Phony Air Bags In Cars: Feds A Philadelphia automotive technician pleaded guilty to putting fake Chinese airbags in cars that he sold to unwitting customers, according to federal officials.  Emiliano Rodriguez, a 45-year-old Dominican national living in Philly, copped to one count of trafficking counterfeit goods and two more related counts in federal court on Thursday, Feb. 9, said US Attorney Jacqueline Romero.  From January 2017 to October 2019, investigators say Rodriguez was importing defective, counterfeit airbags from China and installing them in used vehicles before turning around and putting them bac…

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by Mac Bullock
Chappaqua, NY
Obituaries
'Infectious Smile': Chappaqua Native Dies After 5-Year ALS Battle 'Infectious Smile': Chappaqua Native Dies After 5-Year ALS Battle 'Infectious Smile': Chappaqua Native Dies After 5-Year ALS Battle
'Infectious Smile': Chappaqua Native Dies After 5-Year ALS Battle A man who grew up in Northern Westchester known for his intellectual curiosity and love of his family has died after a battle with ALS.  Doug DeSalvo, who grew up in Peekskill and Chappaqua, died on Friday, Nov. 11 at the age of 54, according to his obituary.  Born in Tarrytown in 1968, DeSalvo attended Horace Greenley High School in Chappaqua before transferring to the Frederick Gunn School in Washington, Connecticut., his obituary said. DeSalvo then earned his Bachelor's Degree at Radford University in Virginia before relocating to North Carolina in 2010, where he met his wife,…

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by Ben Crnic
Massapequa, NY
Breaking News
Subaru Recalling 200,000 Vehicles Due To Faulty Transmission Chain Subaru Recalling 200,000 Vehicles Due To Faulty Transmission Chain Subaru Recalling 200,000 Vehicles Due To Faulty Transmission Chain
Subaru Recalling 200,000 Vehicles Due To Faulty Transmission Chain Subaru announced a recall of nearly 200,000 vehicles that have had faulty transmissions that could increase the risk of a crash, the company announced. The automaker is recalling 198,255 Ascent, Outback, and Legacy models due to drive chains that may fracture, causing a loss of power in those vehicles, and creating a potential hazard for motorists. According to the National Highway Traffic Safety Administration (NHTSA), a programming error in a transmission control unit (TCU) can trigger premature clutch engagement before the drive chain is secured. This can lead to dr…

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by Zak Failla
Cherry Hill, NJ
Breaking News
Century-Old Pep Boys Closing Some NJ Auto Parts Stores Century-Old Pep Boys Closing Some NJ Auto Parts Stores Century-Old Pep Boys Closing Some NJ Auto Parts Stores
Century-Old Pep Boys Closing Some NJ Auto Parts Stores Pep Boys is losing some of its pep. The century-old retail automotive chain based in Philadelphia plans to close more than 100 of its parts stores nationwide -- including several in New Jersey, according to multiple news reports. The automotive company is shifting away from auto parts stores but will keep its Pep Boys maintenance garages and tire outlets -- similar to Instant Oil Change or Mavis, reports said. Pep Boys retail stores in Cherry Hill, Camden County; Marlton in Burlington County; and Turnersville in Gloucester County are set to close sometime this summer, the Philadelphia Inqu…

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by Jon Craig
Pascack Valley, NJ
Obituaries
Longtime Hillsdale Resident Larry Loeffler, 90 Longtime Hillsdale Resident Larry Loeffler, 90 Longtime Hillsdale Resident Larry Loeffler, 90
Longtime Hillsdale Resident Larry Loeffler, 90 Lawrence Edgar Loeffler formerly of Hillsdale died March 16. He was 90 years old. Born June 8, 1929, Loeffler was raised in Oakmont, PA by Emil “Dutch” and Hilda Loeffler, along with identical twin Emil and sister Louise.  He and his brother started working at an early age with their father at the Oakmont Country Club, where Dutch was the greenskeeper and Pro. Larry graduated from the University of Pittsburgh in Civil Engineering. He enlisted in 1952 in the US Navy and served on the USS Perry as Chief Engineer. In 1958 he joined the Active Naval Reserves and retired as a Commander i…

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by Daily Voice
Massapequa, NY
On Your Side
Long Island Manufacturer To Close, Lay Off 63 Long Island Manufacturer To Close, Lay Off 63 Long Island Manufacturer To Close, Lay Off 63
Long Island Manufacturer To Close, Lay Off 63 A longtime Long Island manufacturer of parts for the automotive and defense industries has announced it will close in November and lay off all 63 employees. Johnson & Hoffman LLC, who has been located on Voice Road for 70 years in Carle Place, will close on on Nov. 4, due to economic reasons, according to a state WARN notice. The notice, which is required for any mass layoff or closing, was posted the company's website on Friday, Sept. 6. On the website, the company said: "After approximately 70 years in operation, Johnson & Hoffman (J&H) a precision metal stamping company is c…

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by Kathy Reakes
Armonk, NY
Breaking News
Fiat Chrysler Recalls 208K Minivans For Power Steering, Stalling Concerns Fiat Chrysler Recalls 208K Minivans For Power Steering, Stalling Concerns Fiat Chrysler Recalls 208K Minivans For Power Steering, Stalling Concerns
Fiat Chrysler Recalls 208K Minivans For Power Steering, Stalling Concerns More than 200,000 Fiat Chrysler minivans are being recalled in North America because they may lose power-assisted steering and engines can stall. Fiat Chrysler announced that the company is recalling 208,000 Chrysler Pacific minivans that were produced from 2017 through 2019. Those systems that have been recalled have systems that stop the engine for traffic lights and restart it when a driver presses the gas pedal. According to the company, a wiring harness can become contaminated with sealer, causing an electrical short-circuit. That can increase the risk of a crash, though no crashes or …

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by Zak Failla
Mahwah-Ramsey, NJ
Your Community
Electric, Luxury Cars Make Global Debuts In Mahwah Electric, Luxury Cars Make Global Debuts In Mahwah Electric, Luxury Cars Make Global Debuts In Mahwah
Electric, Luxury Cars Make Global Debuts In Mahwah The opening of the new Jaguar Land Rover North American headquarters in Mahwah is coinciding with the rollout of Jaguar's first all-electric vehicle and other new vehicles. The state-of-the-art headquarters is located at 100 Jaguar Land Rover Way. In addition to Jaguar's I-PACE, the other new vehicles are the Range Rover SV Coupe, and the global debut of the all-new high performance Jaguar F-PACE SVR.  “The opening of our all new headquarters in New Jersey ushers in a new era for Jaguar Land Rover in North America in which we will have growing sales, expanded model lineups, and breakthroug…

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by Cecilia Levine
Fair Lawn-Glen Rock, NJ
On Your Side
Meet New Fair Lawn Meineke Owner; Youngest Yet At 31 Meet New Fair Lawn Meineke Owner; Youngest Yet At 31 Meet New Fair Lawn Meineke Owner; Youngest Yet At 31
Meet New Fair Lawn Meineke Owner; Youngest Yet At 31 Samuel Sa believes that each Meineke Car Care center is like the vehicles on its lifts. They are smooth and sleek at first glance, aesthetically pleasing and inviting.  Lifting the hood on both the cars and the business reveals a complicated system with many working parts. The failure of just one part, on either the car or the business, can cause deterioration -- which over time will lead to a break down. When Sa first lifted the hood on his recently acquired shops in Fair Lawn, Passaic and Butler, he saw what amounted to a late-model car -- one that works but needs some attention.  He wa…

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by Cecilia Levine