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Toyota recalls Prius models for steering fix

Toyota Motor Corp. is recalling 106,000 units of its first-generation Prius hybrid vehicle to fix a power steering problem that can make the car difficult to turn. About 52,000 of the cars were sold in the United States and 48,000 in Japan, Toyota said.

Collector electrifies a 1955 LaSalle Roadster

Just months after Joe Bortz's unveiling of the restored 1955 Chevrolet Biscayne, the auto archeologist and collector is moving into the second phase of restoration with another General Motors Motorama concept car: the 1955 LaSalle Roadster. But here's the key difference--the LaSalle is going electric. As the LaSalle's motor was never completed, the roadster is considered a “push mobile.” To prepare the car so that it can be driven--rather than pushed--on the road, Bortz has teamed up with Pioneer Conversions, an Illinois business focusing in the electric conversion of various vehicles.

Chrysler posts $212 million quarterly profit

Chrysler Group on Thursday reported third quarter net income of $212 million, up from a net loss of $84 million a year earlier. Revenue rose 19 percent to $13.1 billion. The company ended the quarter with $9.5 billion in cash, down from $10.2 billion at the end of the second quarter.