Bernie's Feed
Jul 1, 2014

Chrysler’s U.S. sales up 9 percent, besting forecasts

DETROIT (Reuters) – Chrysler Group on Tuesday reported a 9 percent gain in U.S. auto sales for June, beating forecasts for a month expected to show an industrywide decrease from a year earlier.

June sales for the U.S. market overall are expected to fall about 3 percent, but analysts say that is due to two fewer selling days than a year earlier rather than a weaker new-vehicle market.

Jun 30, 2014

GM’s ignition-switch crisis deepens; death toll rises to 16

DETROIT (Reuters) – General Motors Co’s (GM.N: Quote, Profile, Research, Stock Buzz) ongoing safety crisis over deadly ignition switches deepened on Monday with the recall of 8.23 million mostly older cars linked by the U.S. automaker to three deaths.

The latest recalls boosted the number of deaths acknowledged by GM to at least 16. The automaker said it now knows of 61 crashes tied to faulty ignition switches, although U.S. lawmakers and safety regulators have said they expect the death toll to climb.

Jun 30, 2014

GM adds 8.23 million cars to ignition-switch recall

DETROIT (Reuters) – General Motors Co GM.N on Monday widened the list of older models it is recalling for potentially deadly ignition switches, adding 8.23 million compact and midsize cars that it has linked to seven crashes and three fatalities.

GM this year has recalled 29 million vehicles, more than half of them – roughly 14.7 million – because of potentially defective ignition switches. GM last year sold 2.8 million vehicles in the United States and 9.7 million globally.

Jun 26, 2014

Jeep to enter India market in 2015 – executive

, June 26 (Reuters) – Fiat Chrysler
Automobiles will begin selling Jeep, the SUV brand
central to its global expansion, in India in 2015, the brand’s
chief, Mike Manley, said on Thursday.

Manley said the original plan was for Jeep to enter the
India market in late-2013, but that was delayed because he did
not feel the brand would enter the market strongly at the time.

Jun 26, 2014

GM prepares to recall some Cruze sedans with Takata air bags

DETROIT, June 25 (Reuters) – General Motors Co is
preparing to recall about 33,000 Chevrolet Cruze sedans with
potentially defective air bags made by troubled Japanese
supplier Takata Corp, the automaker said late
Wednesday.

In a crash, the driver-side air bag on the 2013-2014 Cruze
could fail to inflate, GM said.

Jun 26, 2014

GM dealers stop selling some Cruze sedans with Takata air bags

DETROIT (Reuters) – General Motors Co on Wednesday told its North American dealers not to sell an inventory of about 33,000 new and used Chevrolet Cruze sedans from model years 2013 and 2014 because of a potential problem with air bags made by troubled Japanese supplier Takata Corp.

Potentially faulty air bags supplied by Takata have led to the recall of about 10.5 million vehicles worldwide, many of them made by Toyota Motor Corp and Honda Motor Co.

Jun 25, 2014

GM tells dealers to stop selling Cruze sedans with Takata air bags

DETROIT (Reuters) – General Motors Co (GM.N: Quote, Profile, Research) on Wednesday said that it has told its North American dealers to stop selling new and used Chevrolet Cruze sedans from model years 2013 and 2014 because of a potential problem with air bags made by troubled Japanese supplier Takata Corp (7312.T: Quote, Profile, Research).

Potentially faulty air bags supplied by Takata have led to the recall of about 10.5 million vehicles worldwide, many of them made by Toyota Motor Corp (7203.T: Quote, Profile, Research) and Honda Motor Co (7267.T: Quote, Profile, Research).

Jun 25, 2014

GM tells dealers to stop selling Cruze sedans on air bag issue

DETROIT, June 25 (Reuters) – General Motors Co on
Wednesday said that it has told its North American dealers to
stop selling new and used Chevrolet Cruze sedans from model
years 2013 and 2014 because of a potential problem with the air
bags.

The Cruze sedans are equipped with air bags supplied by
Takata Corp, a GM spokesman said. Potentially faulty
airbags supplied by Takata have led to the recall of about 10.5
million vehicles worldwide, many of them made by Toyota Motor
Corp and Honda Motor Co.

Jun 24, 2014

Ford unveils new-generation Edge as a global crossover vehicle

DEARBORN, Michigan, June 24 (Reuters) – Motor Co on
Tuesday unveiled the 2015 Edge, which it hopes will strengthen
sales in the fast-growing near-luxury crossover vehicle markets
in China, Europe and the Americas.

The redesigned Edge will be Ford’s first global crossover
vehicle. It has been sold in North America since late 2006, in
Brazil since 2008 and in China since 2011. The new Edge will
begin sales in North America early next year and in Europe by
the end of 2015.

Jun 18, 2014

U.S. ignition-switch investigation extended to Chrysler

DETROIT/WASHINGTON (Reuters) – Problems with vehicle ignition switches have drawn U.S. safety regulators to investigate a second Detroit automaker, Chrysler Group, even as General Motors Co Chief Executive Mary Barra was providing U.S. lawmakers on Wednesday with more details on GM’s ongoing switch issues.

Chrysler is the subject of two investigations involving possible nondeployment of air bags because of potentially defective switches that can be turned off in more than 1.2 million older Jeep, Dodge and Chrysler models, according to the National Highway Traffic Safety Administration. No deaths or injuries have been reported, NHTSA said.