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TESLA is recalling more than 10 000 Model 3 and Model Y vehicles in China due to problems with the cooling system of touchscreens, the Chinese State Administration for Market Regulation (SAMR) said.

From May 23, a total of 107 293 Tesla Model 3 and Model Y electric vehicles produced from October 19, 2021 to April 26 this year will be recalled, the statement read. According to SAMR, the decision was made due to the insufficient cooling of the infotainment system’s processing unit during fast charging, which can cause touchscreens to slow down or the central processing unit to restart. The defect can potentially increase the risk of an accident.

TOYOTA posted a record full-year net profit helped by strong sales and a cheaper yen, but issued cautious forecasts as the pandemic and the war in Ukraine disrupt supply chains.

The Japanese auto giant, which kept its crown as the world’s top-selling carmaker in 2021, reported a net profit of 2.85 trillion yen (R355 billion), up 26.9 percent from the previous year.

But for the current year to March 2023, it said it expects to post an annual net profit of 2.26 trillion yen, citing ongoing uncertainties. Toyota said its robust results were due in part to beneficial foreign exchange rates, with a cheaper yen. |