Auto sales – lead by trucks and SUVs – have been booming but If gas prices spike or the economy hiccups, many consumers may again be out on a limb with too much car and too little cash!
The company is aware of a single reported accident and a relatively small number of complaints involving 0.015 percent of the subject vehicle population.
The agency accused Chrysler of moving too slowly to fix up to 2.5 million older Grand Cherokees and Libertys with gas tanks behind the rear axles.
The automaker says it knows of three injuries related to this problem…
Seasonally Adjusted Annual Sales Rate hits 17 million for the first time since 2007, as customers ignore recall news.
By Jim Donovan: Faulty air bags which have already led to the recall of millions of cars worldwide are blamed for a new round of recalls in the U.S. The National Highway Traffic Safety Administration, […]
GM is on track to break the American automaker record for the most recalls in a single year, ever.
By Jim Donovan: Chrysler is recalling nearly 870,000 SUVs because corrosion may make the vehicles’ brakes harder to use. The recall involves 2011 through 2014 models of the Jeep Grand Cherokee and Dodge Durango. Chrysler […]
Chrysler is recalling 469,000 Jeep SUVs worldwide because they can shift into neutral without warning on startup.
As the campaign draws to a close it has become very apparent that Obama will return to the White House and that Harry Reid will lead a Democratic Senate.
Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.
Yes, it’s great that all turned out well for the auto workers, but it is absolutely horrendous to know that the American taxpayers via President Obama’s actions could have been left standing for billions of dollars – and still might.
What was most clear tonight, though, is that Mitt Romney has no idea how the world works and the Office of the President is no place for on the job training.
With the CBS Local Presidential Forum coming to a close Barack Obama and Mitt Romney take their chance to set the record straight, pointing out the false accusations their opponent has leveled and giving their response.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.