U.S. automakers Ford and Chrysler recalled on Friday hundreds of thousands of vehicles, most of them in North America, to fix faulty software and mechanical problems.
Bitter cold and massive snowstorms took a bite out of US auto sales in January, but Chrysler said Monday it extended a winning streak even as its rivals posted significant losses.
U.S. automaker Chrysler filed papers Monday to return to the markets with a public offering, as a workers' retirement fund sought to sell its shares in the company.
Chrysler announced Tuesday that it would bow to the US safety regulator's pressure to recall 2.7 million Jeep Liberties and Jeep Grand Cherokees over a fire risk.
General Motors (NYSE: GM - news) , Ford (NYSE: F - news) and Chrysler (Xetra: 710000 - news) reported their best US sales performances since 2007 on Tuesday amid booming overall auto demand following the US industry's near-collapse five years ago.
CHICAGO — The Detroit Three automakers posted solid December US sales Wednesday, driving a strong 2011 performance and expectations for even better results this year as the industry slowly climbs out of a deep downturn.
