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Fiat taking 35% stake in Chrysler
Tue, 20 Jan 2009Fiat S.p.A. and Chrysler LLC confirmed today that the Italian company intends to acquire an initial 35 percent stake in the U.S. carmaker.
Recall is last linked to fire hazard, Ford says
Wed, 14 Oct 2009Ford 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.
Consumer Electronics Show: News and Notes
Fri, 07 Jan 2011Here are some more things we saw at the Consumer Electronics Show in Las Vegas. -- While it came onto the market at the top end, HD Radio is now trickling down to even entry-level cars. To emphasize that, parked in the HD Radio booth at CES was a Jetta, a 2012 Focus and a Forester, all relatively affordable rides that can come with the improved radio reception of HD.