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Ford will recall 112K pickup trucks over roll away concerns

Ford will be recalling more than 112,000 pickup trucks over roll away concerns, according to a Tuesday letter by the National Highway Traffic Safety Administration (NHTSA). The letter, which is addressed to Ford’s assistant director, Tom Single, acknowledges the auto giant’s upcoming recall of its staple pickup truck, the F-150, model years 2021-2023 “equipped with the Trailer Tow Max Duty package and a 9.75-inch heavy duty axle with a 3/4 float axle design.” According to the letter, the “rear axle hub bolt may…

NIO stock rises after unveiling $112K ET9 EV to rival Porsche

NIO (NIO) launched its new flagship ET9 EV over the weekend, a premium executive car aimed at “the new generation of high-end business users.” The new flagship EV will take on Porsche and Mercedes with starting prices around 800,000 yuan ($112,000). NIO Day 2023 brings new EVs and tech The ET9 made its debut over the weekend during NIO Day 2023. NIO’s new flagship EV features its latest tech to showcase “a perfect package of flagship-style exterior, spacious interior, immersive experience,…