BMW announced this morning that will recall all model year 2000-2006 3 Series vehicles to replace the passenger side front airbag. It cited potential problems with the airbag inflator which may rupture in vehicles produced by other manufacturers using similar systems. BMW said it is not aware of a case involving its cars and the recall “is a voluntary precautionary measure that aims at minimizing the risk of faulty airbag activations.” About 574,000 cars are covered by the voluntary recall.
Tesla’s next offering will be called the Model 3 and it is aimed at the BMW 3 series. Elon Musk confirmed plans for the new car to Auto Express. It is likely to appear in 2016 and hit the market the following year. It is said to be a smaller four door sedan than the current Model S and carry a price of around $35,000.
Late yesterday, Google announced that Alan Mulally has joined its board of directors. Mulally was Ford’s CEO from September 2006 to July 1 of this year.
Baseball’s All Star Game Most Valuable Player Mike Trout has a new Corvette Stingray this morning. Chevy gave Trout the choice of the two-seater or a Silverado pickup. Chevy will provide a second Corvette with its hood autographed by the All Stars for auction with proceeds going to benefit charities. Bidding is already underway at ChevyBaseball.com.
A study of used vehicle prices shows that subcompact and mid-size care are not in demand, and that pickups are hot, according to the National Automobile Dealers Association. Prices for large pickups are nearly 12 percent higher than year ago.