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Chrysler announces minivan recall for bearing and hub problem

The Chrysler Group is voluntarily recalling a small number of 2012 Chrysler Town & Country and Dodge Caravan minivans. The company says that some vehicles might be equipped with hub and bearing assemblies that were not fully machined, which could make them less durable. If the parts fail wheel separation could occur, possibly leading to a crash.

Saab says three new models are in the works

Saab says a new financial deal with Chinese companies Pang Da and Zhejiang Youngman Lotus gives it the cash to plan three new models. Saab's plan calls for: -- The 9-1, an entry-level car that has been known as the 9-2 until now. -- The 9-6 and the 9-7, which Saab says will be prestige vehicles.

Kia and BMW claim 2012 Red Dot Design Awards

Kia and BMW have been recognized by the 2012 Red Dot Design Awards judging panel, picking up the ‘best-of-best' awards in the transportation product design category. The awards, handed out March 15, single out the best-designed products from over 4,000 entries across a variety of categories. Kia's A-segment Picanto and B-segment Rio were both winners in Red Dot's ‘Product Design' category, fighting off competition from over 4,500 products entered by 1,800 manufacturers from 58 countries.