NHTSA Recalls 100,432 Vehicles; Daimler Faces $160 Million Verdict

The National Highway Traffic Safety Administration (NHTSA) has announced recalls for 100,432 vehicles, including models from Volkswagen, Porsche, and Mazda. Additionally, Daimler Trucks North America LLC has filed a recall for 16,889 vehicles. The trucking industry also faces a significant liability ruling, with Daimler Truck North America hit by a $160 million verdict over a 2022 crash, which the company intends to appeal. In other industry news, Yellow Corp. and its hedge fund owners have lost a key court ruling over $6.5 billion in debt claimed by pension funds, likely wiping out most recovery for shareholders. The company must now devise a creditor repayment plan that includes these debts.