Feds Investigating Chrysler Models for Engine Stalling
U.S. auto safety regulators are investigating complaints that the engines can stall without warning in three Chrysler and Dodge brand cars.
U.S. auto safety regulators are investigating complaints that the engines can stall without warning in three Chrysler and Dodge brand cars.
Lexus topped the rankings in Consumer Reports's 2013 automotive brand report card. Detroit automakers didn't fare very well -- Cadillac's 14th place tie was the best for U.S. brand -- while Japanese automakers again dominated, taking eight of the top 10 spots.
One recent study of used-car buying habits found that women were more likely to do research, ask tougher questions, and have a mechanic inspect a used car before buying. Another study on new-car buying preferences shows that women make more practical automotive choices.
Chrysler is recalling nearly half a million popular minivan and crossover models because the engines may unexpectedly turn off while driving, increasing the risk for a crash.
It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the "cash for clunkers" rebate program in 2009.
Major automakers are set to release February sales figures on Tuesday, and analysts expect the reports will show sales improved 20% compared to a year ago. Consumers continued to warm to the slowly improving economy -- so far, despite surging oil prices.
Union employees at Chrysler Group will receive a $750 bonus next week as an acknowledgment of their contributions in helping to revive the once-bankrupt company, the automaker said Monday. Salaried workers, excluding the company's top 50 executives, will also receive the payment.
A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a positive trajectory as 2011 starts.
With U.S. automotive dominance waning, a new moniker has emerged: the "Detroit Three." Still, don't count out Ford, GM or Chrysler. Their post-recession future looks strong, thanks to some agonizing restructuring. Now, they can be profitable selling fewer cars.
Chrysler has finally decided to jump on the hybrid bandwagon, announcing Wednesday that it is working with the EPA to develop a hydraulic hybrid powertrain for its vehicles. The system, which stores energy derived from vehicle braking as pressure, could improve fuel economy by 30% to 35%.
The smallest of the Detroit Three, Chrysler has made substantial strides in turning around its business, including lowering the number of vehicles it needs to sell to make a profit. The automaker had pegged 1.65 million as its operating break-even point, but has just lowered this to about 1.5 million vehicles.
At the North American International Auto Show in Detroit Tuesday, Ford and Chrysler both announced plans to introduce a host of new models. Ford will add seven vehicles with "truly unique Lincoln DNA" to its luxury line, while Chrysler has its eyes on new pickups, a revived Jeep Grand Wagoneer, and possibly, a 'mini-minivan.'
The nation's automakers ended 2010 strong, with most reporting higher sales for December. Consumers seemed to put concerns about the U.S. economy on hold and more than offset reduced demand by fleet customers, such as corporations and rental-car companies.
The economy may be less robust than most Americans would like, but that didn't stop many of them from hitting the showrooms in December. That likely propelled auto sales in the final month of 2010 to 1.13 million units, the year's highest levels.












