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Chrysler announces six recalls

More than 260,000 vehicles will be impacted by the six recalls Chrysler announced Tuesday. None are particularly serious, but if you own a Chrysler product we've summarized the list below. -- 78,500 Dodge Nitro and Jeep Liberty 4x2 models from the 2007 and 2008 model years are being recalled to brace a heat shield that can loosen and contact the driveshaft, causing wear and possible breakage over time.

Asian brands top annual Consumer Reports rankings on reliability

Honda, Acura, Porsche and Scion topped the annual Consumer Reports reliability survey released on Tuesday. At the other end of the spectrum, Audi, BMW and Mercedes-Benz were deemed among the worst. Findings are based on responses about 1.3 million vehicles owned or leased by subscribers to Consumer Reports or its Web site.

Saab owners Spyker NV to become Swedish Automobile NV

Is the rain coming to an end at Saab? In the seemingly never-ending saga of Spyker and Saab it does now seem likely that the deal we reported last week with Chinese distributors Pang Da is going to pan out. The messy-looking deal with Pang Da has seen the beleaguered Dutch car maker receiving €30 million already from the cash-rich Chinese, which it’s using to pay-off its suppliers in an attempt to get production lines rolling again in Trollhattan.