Chrysler is looking to develop an in-house financing arm, reports Reuters. Chrysler Group LLC is currently in negotiations with various banks to create a financing joint venture that would serve to increase sales momentum. Sources indicate that a partnership would resemble the working relationship between Chrysler majority owner Fiat SpA and Credit Agricole SA. Chrysler Read on! →


Chrysler has announced a massive recall of Dodge Ram pickups because of a problem with the steering system at the left-front wheel. Chrysler is recalling nearly 243,000 of the full-size pickups in the United States, including all Ram pickup series from the 2008 model year to the present. Tie rod defect affects Dodge pickups as Read on! →


With fear of a double-dip recession on the minds of auto industry executives, drastic measures have been undertaken that have sent shock waves through the once steady world of auto advertising. Where size and experience once guaranteed an advertising agency’s future business with automakers, now the same automakers are looking to shake things up as Read on! →


LMC Automotive, formerly J.D. Power Automotive Forecasting, has revised its June prediction of 2012 U.S. light vehicle sales prediction downward. However, it is still predicting a record year for global auto sales, in spite of grim economic forecasters domestically and abroad. Auto sales strong,despite slowdown The forecasting firm original predicted that the U.S. auto rate Read on! →


According to the National Highway Traffic Safety Administration, Ford has announced yet another in a series of recalls of vehicles featuring the fuel-saving EcoBoost technology. This time, the 2012 Ford Edge is singled out. Again, we are told, a fire could result from the potential defect prompting the recall. 5,500 2012 Ford Edge crossover SUVs Read on! →


For those who want to stay responsible, a keychain breathalyzer might not be the worst purchase in the world. We all know the typical time table of 1 alcoholic drink per hour, but there wasn’t a way to be certain until fairly recently, and some of these gadgets are pretty high-tech. Number of keychain breathalyzer Read on! →


Honda has announced a recall for the Pilot crossover SUV and the MDX, Acura’s SUV based on the Pilot. An issue has been discovered in a valve in the fuel system, which can cause a fuel leak. The issue Honda is issuing a recall for 2012 model year Pilot crossover SUVs, according to AutoWeek, as Read on! →


Congress roasts GMAC, suggests future stimulus in jeopardy In the recently released “January Oversight Report: Exiting TARP and Unwinding its Impact on the Financial Markets,” the Congressional Oversight Panel looked over the entire $700 billion TARP bailout. Among many topics across our nation’s economy, they paid particular interest to charges that GMAC received “special treatment” Read on! →


Shelby American is apparently pretty busy these days, as the company is unleashing a 50th Anniversary edition of the 427 Cobra to go with their Super Snake Mustangs. The number to be produced will be very limited, as just 50 will be built and they will be taking orders very soon. It was 50 years Read on! →


Audi, like every other large auto manufacturing firm in the world, has been showing off its upcoming models at the Los Angeles Auto Show. Among other models, Audi is showing off its new S series of cars, including a new S8. No 10-cylinder option for new performance car The Audi S8, the rare but ultra-powerful Read on! →