Volkswagen Recalls 140K SUVs For Faulty Passenger-side Airbags

RTTNews | 408 days ago
Volkswagen Recalls 140K SUVs For Faulty Passenger-side Airbags

(RTTNews) - Volkswagen is recalling more than 143,000 Atlas Sport vehicles or SUVs in the United States due to faulty airbags on the front passenger side. The German automaker warned against someone riding in that seat until the issue is corrected.

Volkswagen Group of America, Inc.'s recall involves certain 2018-2021 Atlas and 2020 Atlas Cross Sport vehicles.

According to the National Highway Traffic Safety Administration or NHTSA, front passenger air bag may not deploy as faulty sensor on the front passenger side can switch the airbag system off under certain conditions.

The issue is with the passenger occupant detection system or PODS that may experience a fault in the wiring and deactivate the front passenger air bag when the seat is occupied. Due to this, front seat passengers will be left without the protection of the airbag in the event of a crash.

A deactivated passenger air bag increases the risk of injury during a crash.

Owners of the recalled vehilces are urged not to use the front passenger seat until the remedy, which is currently under development, has been completed.

Volkswagen spokesman Mark GIllies reportedly said that the company is not aware of any injuries after using the recalled vehicles.

The Volkswagen Atlas, a seven-seat mid-size crossover SUV, has been designed specifically for the North American market. The vehicles are being built in the Chattanooga plant in Chattanooga, Tennessee, United States.

read more
Six Southern Governors Warn Against UAW's Unionization Campaign

Six Southern Governors Warn Against UAW's Unionization Campaign

U.S. Governors of six Southern states have warned against United Auto Workers or UAW's unionization campaign for workers of major automakers, citing threat for the jobs and the values they live by. In a joint statement, the governors of Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas said they are highly concerned about the unionization campaign driven by misinformation...
RTTNews | 30 days ago
Volkswagen To Invest EUR 180 Bln Over 5 Years To Meet EV Targets

Volkswagen To Invest EUR 180 Bln Over 5 Years To Meet EV Targets

German auto giant Volkswagen Tuesday said it plans to invest 180 billion euros over the next five years by 2027, mainly with an aim to boost its targets for electrification and digitalization, and to grow its presence in the North America region. The company also said its solid financial performance in fiscal 2022 lays basis for profitable growth in key markets.
RTTNews | 430 days ago
Swiss Market Ends On Firm Note Again

Swiss Market Ends On Firm Note Again

Swiss stocks turned in a fine performance on Friday, extending gains from the previous session, as some encouraging earnings updates and possibility of another rate cut from the Swiss National Bank helped underpin sentiment.
RTTNews | 5h 49min ago
Major European Markets Close Weak On Interest Rate Concerns

Major European Markets Close Weak On Interest Rate Concerns

The major European stocks closed lower on Friday, drifting down for a second straight session, on concerns the Federal Reserve will likely keep interest rates higher for a longer time. Some disappointing earnings updates hurt as well.
RTTNews | 6h 4min ago
U.S. Dollar Lower On Rate Cut Expectations

U.S. Dollar Lower On Rate Cut Expectations

The U.S. dollar declined against its major counterparts in the New York session on Friday on growing expectations that the U.S. Federal Reserve could start cutting interest rates as early as September.
RTTNews | 6h 4min ago
U.S. Leading Economic Index Decreases More Than Expected In April

U.S. Leading Economic Index Decreases More Than Expected In April

Suggesting softer economic conditions lay ahead, the Conference Board released a report on Friday showing a continued decrease by its reading on leading U.S. economic indicators in the month of April. The Conference Board said its leading economic index fell by 0.6 percent in April after dipping by 0.3 percent in March. Economists had expected the index to decrease by another 0.3 percent.
RTTNews | 9h 16min ago