Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data 
Nissan Motor Co. Ltd. announced it had issued a voluntary recall for about 1,063 Ariya electric sports utility vehicles. The Japanese automaker cited the falling steering wheel as the reason for the recall.
The vehicle brand said the possible issue with the steering wheels could be due to an incorrect update of the affected Ariya SUV units. The recall was issued after the company received reports of loose wheels from two dealers in January and February. Later, Nissan Motor also found that another Ariya in its inventory has the same problem as well.
The latest recall covers the 2023 models of the said SUV line. The drivers were warned that their steering wheels may not be attached properly, or in some cases, it is also possible that they may be completely detached.
As per Fox Business, Nissan Motor shared it replaced the steering wheels of some Ariya SUVs as soon as they arrived at the port in the United States. The company said that this action is an attempt to sort out “potential quality concerns with the steering touch sensor”, but unfortunately, the new steering wheels may have been incorrectly attached.
The reports about loose steering wheels were filed with the U.S. National Highway Traffic Safety Administration (NHTSA) as well. So far, there are no reports of accidents and injuries related to the latest Nissan Motor recall. The company also said that only one percent of its Ariya EVs are affected and require the replacement of bolts to fix the wheel.
“Certain Nissan Ariya vehicles underwent a recent port modification activity to replace the steering wheel due to a quality issue,” the NHTSA stated in its safety recall report. “As part of the activity, a technician may have inadvertently applied the incorrect torque settings to the steering wheel bolt. In certain cases, the steering wheel bolt may not have been installed.”
The agency added, “As a result, the steering wheel may experience some play or potentially separate from the steering column if pulled towards the driver. If this occurs, loss of steering control may increase the risk of a crash.”
Photo by: Tigran Hambardzumyan/Unsplash
