Marketdash
Back to News

Airbus Grounds Thousands of Jets, BYD Issues Massive Recall, and Tesla's Free Self-Driving Push

MarketDash Editorial Team
8 days ago
The auto and aerospace sectors delivered plenty of drama this week, from solar flares corrupting aircraft systems to China's biggest EV maker recalling nearly 90,000 vehicles, plus Tesla's European self-driving experiment and shifting tax credit dynamics.

If you thought the auto and aerospace sectors were sleepy industries, this past week might change your mind. Between emergency aircraft groundings, massive vehicle recalls in China, ambitious self-driving rollouts, and political battles over safety regulations, there was enough drama to fill a season of television.

Here's what happened.

Solar Flares Force Airbus to Ground 6,000 Aircraft

In a development that sounds like science fiction, Airbus SE discovered that solar flares could corrupt essential flight-control system data on its A320-family jets. The aircraft manufacturer immediately ordered repairs affecting roughly 6,000 planes, a significant chunk of the global commercial fleet. The impact spans the U.S., Europe, Asia, and Latin America, with major operational headaches expected.

"These recommendations will lead to operational disruptions to passengers and customers. We apologise for the inconvenience," Airbus acknowledged. That's putting it mildly when you're talking about grounding thousands of the world's most popular narrow-body aircraft.

BYD Issues Major Recall in China

China's electric vehicle powerhouse BYD Co. Ltd. recalled 88,981 units of its Qin PLUS DM-i plug-in hybrid due to battery-related safety hazards. The recall covers vehicles manufactured between January 7, 2021, and September 30, 2023. It's a reminder that even as EV technology advances rapidly, battery safety remains a persistent challenge for manufacturers worldwide.

Tesla's European Self-Driving Experiment

Tesla Inc. (TSLA) is rolling out free supervised Full Self-Driving rides to customers across multiple European countries, a preview of the technology's planned regional deployment next year. The company is offering the complimentary FSD experience through the end of the year, presumably hoping to build excitement and gather real-world data before the official launch.

Rivian Finds a Silver Lining in Tax Credit Loss

Rivian Automotive (RIVN) CEO RJ Scaringe offered an interesting perspective on losing the $7,500 EV tax credit. While acknowledging potential short-term pressure on demand, Scaringe suggested the credit's expiration could thin out competition in the marketplace. It's a glass-half-full take on what most EV makers view as strictly bad news.

California Battles Federal Safety Rollbacks

California Governor Gavin Newsom criticized the Trump administration over reported challenges to road safety mandates. The Senate's Committee on Commerce, Science, and Transportation, led by Sen. Ted Cruz (R-TX), is planning to challenge certain automotive safety measures, setting up another round in the ongoing federal-state battle over vehicle regulation.

Back to News

Airbus Grounds Thousands of Jets, BYD Issues Massive Recall, and Tesla's Free Self-Driving Push

MarketDash Editorial Team
8 days ago
The auto and aerospace sectors delivered plenty of drama this week, from solar flares corrupting aircraft systems to China's biggest EV maker recalling nearly 90,000 vehicles, plus Tesla's European self-driving experiment and shifting tax credit dynamics.

If you thought the auto and aerospace sectors were sleepy industries, this past week might change your mind. Between emergency aircraft groundings, massive vehicle recalls in China, ambitious self-driving rollouts, and political battles over safety regulations, there was enough drama to fill a season of television.

Here's what happened.

Solar Flares Force Airbus to Ground 6,000 Aircraft

In a development that sounds like science fiction, Airbus SE discovered that solar flares could corrupt essential flight-control system data on its A320-family jets. The aircraft manufacturer immediately ordered repairs affecting roughly 6,000 planes, a significant chunk of the global commercial fleet. The impact spans the U.S., Europe, Asia, and Latin America, with major operational headaches expected.

"These recommendations will lead to operational disruptions to passengers and customers. We apologise for the inconvenience," Airbus acknowledged. That's putting it mildly when you're talking about grounding thousands of the world's most popular narrow-body aircraft.

BYD Issues Major Recall in China

China's electric vehicle powerhouse BYD Co. Ltd. recalled 88,981 units of its Qin PLUS DM-i plug-in hybrid due to battery-related safety hazards. The recall covers vehicles manufactured between January 7, 2021, and September 30, 2023. It's a reminder that even as EV technology advances rapidly, battery safety remains a persistent challenge for manufacturers worldwide.

Tesla's European Self-Driving Experiment

Tesla Inc. (TSLA) is rolling out free supervised Full Self-Driving rides to customers across multiple European countries, a preview of the technology's planned regional deployment next year. The company is offering the complimentary FSD experience through the end of the year, presumably hoping to build excitement and gather real-world data before the official launch.

Rivian Finds a Silver Lining in Tax Credit Loss

Rivian Automotive (RIVN) CEO RJ Scaringe offered an interesting perspective on losing the $7,500 EV tax credit. While acknowledging potential short-term pressure on demand, Scaringe suggested the credit's expiration could thin out competition in the marketplace. It's a glass-half-full take on what most EV makers view as strictly bad news.

California Battles Federal Safety Rollbacks

California Governor Gavin Newsom criticized the Trump administration over reported challenges to road safety mandates. The Senate's Committee on Commerce, Science, and Transportation, led by Sen. Ted Cruz (R-TX), is planning to challenge certain automotive safety measures, setting up another round in the ongoing federal-state battle over vehicle regulation.