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Jeep Grand Cherokee Trailhawk and Jeep Wrangler Moab on sale next month

It’s been nearly two months since Jeep announced a special edition, and we were getting a bit worried. Luckily, on Tuesday morning, we were greeted by two new models—the Jeep Grand Cherokee Trailhawk and the Jeep Wrangler Moab. The Trailhawk, which was introduced during the 2012 Easter Jeep Safari, will be offered with either a V8 or V6 engine and 18-inch all-terrain tires with Kevlar reinforcement.

Feds look at Toyota electronics as source of accelerator defects

The U.S. Department of Transportation is looking into whether Toyota Motor Corp.'s problems with unintended acceleration can be traced to defects in the electrical controls rather than just the mechanical problems cited by the automaker, a Transportation official said Tuesday. “We're not finished with Toyota and are continuing to review possible defects and monitor the implementation of the recalls,” Transportation Secretary Ray LaHood said in a statement.

Two top Ford execs to retire

Two top Ford Motor Co. executives, CFO Lewis Booth and global product development chief Derrick Kuzak-- both key architects of the automaker's recovery--will retire on April 1, the automaker said Thursday. Booth, 63, will be succeeded by Bob Shanks, Ford's vice president and controller.