Jeep Liberty recall reaches nearly 347,000 vehicles
Chysler
The National Highway Traffic Safety Administration said the lower control arms in the rear suspensions of the Libertys can rust and break, possibly causing them to crash. However, the company says it knows of no crashes or injuries from the problem. The recall involves vehicles in states where salt is used to clear ice and snow from the roads.
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Porsche SUVs put off die-hard sports car fans
Josh Miller/CNET
(AP) - Manfred Wilke loves nothing more than speeding down the German Autobahn in his 911 coupe. Gazing at a 911 Carrera GTS with a 100,000 euro ($125,000) price tag in Porsche's flagship showroom in Berlin, the real estate manager said only cars like the sporting two-seater deserved to carry the Porsche badge.
He is one of a number of Porsche purists who are appalled at the Stuttgart-based sports car maker's aggressive push into sport utility vehicles and family-style saloons.
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Kia recalls 22,000 SUVs
Josh Miller
The National Highway Traffic Safety Administration says on its website that if the mounts break while the SUVs are moving, drivers would have trouble stopping them and a second crash could happen.
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US auto sales soar in May, 30-percent increase
Analysts are expecting total U.S. sales of 1.4 million cars and trucks in May, up 30 percent from the same month last year. That would make it the best May in five years, according to car buying site TrueCar.com. Carmakers report sales later Friday.
Continue »California 9/11 license plate fund raided for deficit
David McNew
Part of the money raised through the sale of the plates was to fund scholarships for the children of California residents who perished in the attacks, while the majority -- 85 percent -- was to help fund anti-terrorism efforts.
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Bridge, highway tolls higher for out-of-towners
Photo by Win McNamee/Getty Images
(AP) - Some tolling authorities have found a way to give local motorists a discount on tolls while chargingout-of-towners a higher rate for using the same roads and bridges.
The E-ZPass electronic toll reading system used by 24 tolling agencies in 14 states in the Northeast and Midwest is able to differentiate where motorists bought their passes and apply varying prices.
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Ford regains assets after credit upgrade
Ford Motor Co.
(AP) - Ford Motor Co. is getting its blue oval logo back.
Moody's Investors Service raised Ford's debt ratings to investment-grade Tuesday for the first time in seven years. The upgrade means that all of Ford's U.S. assets, including factories, the blue oval and the trademarks for the F-150 pickup and Mustang sports car, are back in the company's hands and will no longer be used to secure the company's debt.
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87,000 Jeep Wranglers recalled by Chrysler
(AP) - Chrysler is recalling nearly 87,000 Jeep Wranglers in the U.S., Canada and elsewhere due to a risk of fires. The recall affects only Wranglers from the 2010 model year that have automatic transmissions and were built before July 14, 2010, the National Highway Traffic Safety Administration said in documents posted Saturday on its website.
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Harold "Red" Poling, former Ford CEO, dead at 86
Harold "Red" Poling in 1990, the year he was named Ford CEO
/ Ford Motor Co.(AP) - Former Ford Motor Co. CEO Harold "Red" Poling has died. He was 86.
The long-time auto executive died Saturday in Pacific Grove, Calif., according to Ford.
Bill Ford, the automaker's executive chairman, called Poling an "extraordinary leader" who had a "profound impact" on both Ford and those he worked with.
Continue »Survey: Young drivers know the dangers, still text
CBS
(AP) - Most young American drivers agree that it is dangerous to text while driving, but nearly a third admit they do it anyway, a survey by Consumer Reports shows.
While eight in ten said they knew of the risks, about 29 percent of drivers 16 to 21 said they had used text messaging in the past month, the survey found. And, 47 percent said they had made a phone call while driving, without a headset or other hands-free device. The same survey showed that 48 percent said they had seen one or both of their parents using a cell phone without a hands-free device.
Continue »Toyota reports huge earnings in wake of recovery
AP Photo/Shizuo Kambayashi
(AP) - Toyota's quarterly profit more than quadrupled to 121 billion yen ($1.5 billion), and the automaker gave upbeat forecasts as it recovers from a sales plunge caused by the tsunami in Japan last year.
Japan's No. 1 automaker forecast Wednesday that profit for its business year ending March 2013 would soar to 760 billion yen ($9.5 billion). Net profit plunged 30 percent to 283.6 billion yen ($3.5 billion) for the just ended business year.
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Brad Keselowski wins Talladega with help from a friend
Brad Keselowski, #2, and Matt Kenseth, #17, leading the field at Talladega Superspeedway on May 6, 2012
/ Tyler Barrick/Getty(AP) - The leader on the last lap isn't supposed to win at Talladega Superspeedway. Everybody knows that. Brad Keselowski disagrees, and he showed how to do it Sunday with a calculated plan that sent him to Victory Lane.
Keselowski used a big push from Kyle Busch to pass leader Matt Kenseth, and after leaving the Daytona 500 winner in their wake, Keselowski staved off Busch's attempt to snatch the win. Using a move Keselowski said he had dreamed about, he held on for his second win of the season and second at Talladega.
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Hyundai to add nearly 900 jobs in Alabama
Hyundai's plant in Montgomery, Alabama
/ Robert Sullivan/AFP/Getty(AP) - Hyundai Motor Co. plans to hire 877 more workers to add a third shift at its Montgomery, Ala., assembly plant so it can crank out more Sonata midsize cars and Elantra compacts.
The Korean automaker said Monday the hiring will take place during the summer, with the plant transitioning to the third shift in September. The move will give Hyundai the ability to make 20,000 more vehicles at the plant in 2012.
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Huge demand forces Jeep plant to skip summer break
Chrysler
(AP) - Sales of Jeep Grand Cherokee and Dodge Durango SUVs are so strong that their factory will stay open through the normal two-week summer shutdown.
Automakers typically close plants around the July 4 holiday to update cars and trucks for the new model year and maintain the machinery.
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Automakers expect to avoid resin crisis
Carlos Osorio
(AP) - The auto industry may have steered its way around another crisis.
Ford says that it doesn't expect a resin shortage to disrupt production at any of its factories. That's a sign that its peers will be able to avoid problems as well.
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