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Recall is last linked to fire hazard, Ford says

Ford Motor Co.'s new recall of vehicles that pose potential fire hazards will be its last because the latest action covers all remaining cars and trucks with cruise-control switches made by Texas Instruments, even if those switches don't pose safety risks, a Ford spokesman said today. "We did this to reassure customers and make sure there will be no future actions connected to this," spokesman Wes Sherwood said in an interview. "We've gone to extra lengths to include both vehicles with risks and those that don't show risk." Yesterday, Ford announced a recall of 4.5 million vehicles--its eighth in the past decade involving cars and trucks with faulty cruise-control deactivation switches.

Hyundai HCD-14 Genesis concept [w/Gallery]

Hyundai has unveiled its HCD-14 Genesis concept at the 2013 North American International Auto Show (NAIAS). The HCD-14 Genesis concept provides a glimpse of Hyundai's future design direction and features the carmaker's latest technologies, such as eye-tracking and gesture-based controls. At the front of the concept brushed metal grille surfaces feature with a deep vertical grille opening while LED daytime running lights are integrated into the bottom of the fender.

Elon Musk says NYT story cost Tesla $100 million

Tesla CEO Elon Musk told Bloomberg TV on Monday that the recent negative New York Times review of the Model S sedan decreased the company's stock-market value by as much as $100 million. The NYT-Tesla saga began on Feb. 8 with reviewer John Broder recounting the tale of how he was stranded when the Model S didn't live up to its 300-mile claimed range.