Daily Archives: October 15, 2014

Chrysler recalls 184,215 SUVs for possible air bag issue

The Chrysler logo is seen outside the Chrysler auto dealer in Broomfield, Colorado

by Ben Klayman

Chrysler Group is recalling an estimated 184,215 sport utility vehicles globally because a possible short circuit in a part could disable air bags and seat-belt pretensioners, the automaker said on Tuesday.

Daimler third-quarter earnings surprises investors

Daimler today reported a 29 percent jump in quarterly core earnings at Mercedes-Benz Cars, surprising investors wary of an economic slowdown.

Earnings before interest and tax (EBIT) from ongoing business at Mercedes-Benz Cars, which includes the Smart brand, rose to €1.61 billion ($2.04 billion) in the third quarter from €1.25 billion in the year-earlier period, Daimler said in an ad-hoc statement.

Citroen mulls production of C1 Urban Ride concept

Citroen C1 Urban Ride Concept - Citroen mulls production of C1 Urban Ride concept

Citroen will launch a production version of the C1 Urban Ride concept if public response is favorable, the brand’s CEO Linda Jackson said.