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News watch October 2012: today's industry news
Wed, 31 Oct 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hou Wednesday 31 October 2012• It's emerged GM's European 2012 earnings are down nearly half a billion dollars in Europe, where it now expects to lose $1.5bn to $1.8bn before interest and taxes for the full year (DetNews)• Ford has posted a third-quarter net profit of $1.63bn (£101bn) - almost matching its eventual profit total for the entire year 2011. Despite painful losses in Europe (Ford expects to lose $1bn in Europe alone this year) a resurgent North American market has buoyed Fords sales even higher than previous forecasts (Automotive News Europe)• Fiat CEO Sergio Marchionne has weighed in against Republican presedential nominee Mitt Romney, who argued that a move towards Chinese production would harm American jobs.
2013 Dodge Dart to start at $16,790
Mon, 16 Apr 2012Pricing for the 2013 Dodge Dart was released on Monday via a status update on the Chrysler Communications Facebook page. Below we've listed prices for five Dart trim levels, but so far, Dodge is keeping quiet about rumors of a high-performance SRT version: -- Dodge Dart SE: $16,790 -- Dodge Dart SXT: $18,790 -- Dodge Dart Rallye: $19,790 -- Dodge Dart Limited: $20,790 -- Dodge Dart R/T: $23,290 The Dodge Dart is expected to be in dealer showrooms in June, but you'll have to wait until the third quarter if you have your heart set on the R/T version. If we hear anything regarding the SRT, we'll let you know.
NHTSA investigating Toyota Prius hybrid for steering-shaft concerns
Mon, 25 Feb 2013The National Highway Traffic Safety Administration announced Monday it will look into whether steering shafts in Toyota Prius models spanning from 2004 through 2009 model years are defective. According to the Detroit News, NHTSA has already recalled the Toyota Prius twice for steering-shaft problems. In 2012, 669,000 Prius vehicles from 2004-2009 model years were recalled to replace the steering-shaft extension assembly.