Australia: Loose Compliance – ASIC’s Proposed Report
ASIC is seeking feedback on their recommendations to alleviate the reporting burden of Australian financial services and credit licensors in certain circumstances in short On February 18, 2025, ASIC began to consult on: Provide additional relief to Australian Financial Services and Credit Licensors to report certain violations of misleading and deceptive conduct (MDC) provisions and certain violations of the Civil Penalty Provisions (CPP); and Consolidate this additional relief and relief ASIC Corporation and Credit (Breach Report - Reportable Situation) Instruments 2024/620 (ASIC Instrument 2024/620) Enter a single instrument. As stated in CS 16, these recommendations are intended to reduce the reporting burden on Australian financial services and credit licensors. In the current reportable situation, the ASIC changes are justified by the fact that some reports on MDC and CPP violations have the lowest intelligence value for ASICs. CS 16 was released on February 18, 2025, and the consultation will end on March 11, 2025. An ASIC media release outlined proposed…
The loose swing strip may make your ACURA ZDX unable to rely on easy
From March 22 to October 14 last year, a total of 118 Acura ZDX models were affected. go through Brad Anderson 14 hours ago Acura does not know any on -site reports, accidents or injuries directly related to the fault. The affected owners will warn the recall around February 24. ACURA dealers will need to check the bolt and tighten the bolt when needed. ACURA ZDX is jointly developed with General Motors on the Ultium platform of the US company, which is an unexpected EV. However, this is now the theme of the new recall of the United States because high -pressure cables and battery coolant pipelines may be easily damaged. This is not what you want to hear in electric cars, so the owner is a wise choice. ACURA said that during the ZDX assembly, the bolt used on the front rod of the passenger side may not be correctly fixed. Over time, the bolt can be loosened and…
Kia EV9 recalled due to missing seat bolts
Kia is recalling more than 22,000 EV9 SUVs due to missing seat mounting bolts. December 28, 2024 — More than 22,000 Kia EV9 SUVs are being recalled due to problems with the second- and third-row seats. The recalled 2024-2025 EV9s may have missing seat mounting bolts, which could cause real problems in a crash. The workers at the assembly plant were probably talked over because they made the mistake. Kia received a report in September that the 2024 Kia EV9 was missing third-row seat mounting bolts. A second report said another 2024 EV9 was missing bolts, so Kia checked dozens of cars but found nothing wrong. But a third report of a dealer warranty claim was received. At this point the problem was traced to a worker error. Kia is not aware of any crashes or injuries, but customers should watch for loose or rattling seats. Once EV9 recall notices are mailed out in January 2025, Kia dealers will install…
Four Ferrari supercars may have loose driveshafts
All of these vehicles are located in the United States, and owners will receive a recall notice by December 27 with instructions for taking the vehicle to a dealer. go through Brad Anderson 12 hours ago A few Roma Spider, Portofino M and F8 Spider models require the driveshaft screw to be tightened correctly. Ferrari has warned that loose propshaft screws could reduce traction, increasing the risk of a crash. When you spend hundreds of thousands of dollars on a new supercar, you expect it to be absolutely perfect, without even the tiniest flaw. However, no car is immune to the occasional misstep, and Ferrari has just recalled several vehicles with driveshaft issues. In July, Ferrari received a report in Europe about loud driveshaft noise in the 296 GTS. It analyzed the supercar and determined that the problem was caused by the driveshaft screws not being tight enough. Ferrari then began an internal investigation of its production assembly lines to…
Ford Broncos and Rangers recalled for loose and missing nuts
Michigan assembly plant workers went a little crazy and didn't secure the upper control arm properly October 22, 2024 17:31 Ford is recalling more than 2,400 Broncos and Rangers because nuts may be missing or not tightened properly. This problem can cause the upper control arm to separate and result in loss of steering. Four crashes have been reported, but the automaker does not yet know if there were any injuries or accidents. Ford is recalling 2,416 Broncos and Rangers because the nut on the ball joint that secures the front upper control arm to the steering knuckle assembly may be missing or improperly torqued. This is a major oversight as it can cause the upper control arms to separate and result in loss of steering. Ford first became aware of the issue in August when they received a warranty report showing that the left front upper control arm ball joint separated from the steering knuckle in a 2024 Ranger…
Mustang and SUV collide on highway, then all hell breaks loose
Two motorists crash into wrecked Bronco, then a Hummer speeds through carnage go through Brad Anderson September 26, 2024 19:09 Two motorists crashed into a wrecked Mustang that had previously collided with an SUV. Witnesses rushed to assist as police and emergency vehicles attended the scene. Despite the serious accidents, it's worth noting that no one was injured in the multiple collisions. Dramatic footage shared on social media captured the moment several cars collided on a highway in Tustin, California. The incident is a reminder of how dangerous driving can be and the importance of always being alert while behind the wheel. The video begins with two friends filming themselves driving to the scene of a highway accident. A heavily damaged Ford Mustang can be seen spinning and heading in the wrong direction, while a white SUV it struck is also on the road. As two friends arrived on the scene, a pair of completely unsuspecting motorists crashed into the…
Tesla Model X SUV recalled again due to interior parts falling off
Tesla is recalling 9,500 2016 Model X vehicles, following a previous recall in 2020. August 25, 2024 — Tesla is recalling about 9,500 Model X SUVs, which were first recalled in 2020, because of problems with the front and center roof trim. Tesla said the lack of primer could cause the interior to peel off the vehicle. According to Tesla, there is a decorative decal on the front of the Model X roof behind the windshield, called the front decal. There is also a decal between the center of the roof and the upper falcon wing door roof glass, called the spine decal. Both decals are adhered to the Model X using polyurethane, but the lack of primer results in a weak bond, causing the decals to fall off the Tesla. Tesla recalled Model X vehicles in November 2020 due to the same loose decal issue. "The inspection method is to pull the decal with a maximum force of 60N.…
Two 2024 Tesla Cybertruck recalls affect 23,000 electric vehicles
Loose trim parts and faulty windshield wiper motors lead to recall of 23,000 Tesla Cybertrucks. June 26, 2024 — Tesla Cybertruck announced a recall of more than 23,000 2024 Cybertrucks to fix two different issues. 2024 Tesla Cybertruck Recall — Exterior Decals According to Tesla, the Cybertruck is equipped with a decorative decal on the outside of the trunk trim, called a sail decal. Adhesive is used to secure the decal to the truck, but the sail decal may come loose or separate from the Cybertruck. Approximately 11,400 Cybertrucks are affected by this recall. Cybertruck drivers should watch for noises in the cabin, or the driver may notice if a decal becomes loose or detaches from the vehicle. Tesla service technicians will use adhesion promoter and pressure-sensitive tape, or may need to replace the decal if it is missing. The Tesla Cybertruck recall letter is expected to be mailed on August 18, 2024. Owners of 2024 Cybertrucks can contact Tesla…
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