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Recall is last linked to fire hazard, Ford says

Ford Motor Co.'s new recall of vehicles that pose potential fire hazards will be its last because the latest action covers all remaining cars and trucks with cruise-control switches made by Texas Instruments, even if those switches don't pose safety risks, a Ford spokesman said today. "We did this to reassure customers and make sure there will be no future actions connected to this," spokesman Wes Sherwood said in an interview. "We've gone to extra lengths to include both vehicles with risks and those that don't show risk." Yesterday, Ford announced a recall of 4.5 million vehicles--its eighth in the past decade involving cars and trucks with faulty cruise-control deactivation switches.

U.S. auto sales climb 14 percent in January

UPDATED: U.S. auto sales, led Toyota Motor Corp. and the Detroit 3, rose 14 percent in January, giving the industry a bigger lift to begin 2013 than analysts expected.

Tesla has room to grow with the Model S sedan, Calif. factory

We got a brief ride in a prototype of the Tesla Model S all-electric sedan, and as far as we could tell from the passenger seat, it seemed like a luxury performance bargain for just $57,400. Of course, being just a passenger means any evaluation is more or less just a guess. We should get to drive one of them sometime before the fully finished models go on sale next summer and then we will have a more definitive take on the car.