Chrysler recalls Jeep Liberty for possible suspension problem

Chrysler is recalling more than 200,000 Jeep Liberty SUVs from the 2004-05 model years for a potential problem with the rear lower control arm. In states that use salt to melt ice on the roads, corrosion can cause the arm to fracture, which may lead to a crash. The vehicles in question were built between July 3, 2003, and July 14, 2005.

Avis buys Zipcar and grows car-sharing capabilities internationally

Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.

Spied: The 2012 Volkswagen New Beetle looks a bit squished

Volkswagen's upcoming onslaught of new products includes a redesign for the New Beetle. The new New Beetle is expected to arrive in 2011 as a 2012 model, with a convertible version set to arrive a year after the coupe. Recent spy photographs of a prototype being tested on public roads in Europe show that the 2012 New Beetle has a roofline that has less arch than the current model.