For many years, power steering technology was focused on hydraulic systems but demand is now favouring electric power steering (EPS) mainly due to fuel consumption and logistical benefits ...

Tesla has recalled more than 370,000 vehicles for a power steering issue. The maker of electric vehicles said the recall covers 376,241 of its 2023 Model 3 sedans and Model Y SUVs (with operating ...

Anne Marie D. Lee is an editor for CBS MoneyWatch. She writes about topics including personal finance, the workplace, travel and social media. Tesla is recalling more than 376,000 vehicles because ...