Daily Archives: June 10, 2013

Chrysler recalls nearly 630,000 Jeeps to fix transmissions, airbags, seat belts

Chrysler Group said it will recall more than 220,000 units of the Jeep Wrangler to fix a transmission flaw and 409,000 units of the Jeep Compass and Patriot worldwide to fix a software glitch that could stop airbags and seat belts from working in a crash.

The recalls add to a growing list of safety problems at Chrysler, which stunned the auto industry this week by taking the rare step of rebuffing a recall request from the National Highway Traffic Safety Administration.

More car buyers are upside down, but that’s OK, J.D. Power says

The average amount of negative equity in an existing auto loan is about $3,600, Power Information Network says.

The percent of buyers with negative equity has been creeping higher since 2011. But that’s not entirely bad news for retailers because it indicates customers with lower credit scores are getting financed, Power Information Network says.

1924 Bugatti T13 crashes at Prescott Speed Hill Climb

The owner of a rare 1924 Bugatti T13, worth around £250,000 crashed his classic car last Sunday during the Prescott Speed Hill Climb at Winchcombe in Gloucestershire.

Why Chrysler decided to fight NHTSA

Chrysler Group’s decision to reject a recall request for 2.7 million aging Jeep SUVs caught the automotive industry — and the media — by surprise.

It’s a rare event when an automaker says no to the National Highway Traffic Safety Administration, as well it should be.

Mercedes SLS AMG Electric Drive sets a new lap record at the Nürburgring

SLS AMG Coupé Electric Drive masters Nordschleife in 7:56.234 minutes