Nissan to Recall 2.14 Million Vehicles

by | Oct 28, 2010 | Towing

Nissan Motor (NSANY) will recall 2.14 million vehicles because of a flawed ignition relay that could create problems with the engine.

About 835,000 units are being recalled in Japan. Another 762,000 units are being recalled in the United States and Canada, combined, Reuters reported. About a dozen different models are affected, including the March/ Micra and the Cube.

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The ignition…

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Nissan to Recall 2.14 Million Vehicles originally appeared on DailyFinance on Thu, 28 Oct 2010 06:56:00.

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Chrysler May Soon See More Federal Aid

by | Oct 27, 2010 | Towing

In addition to state tax credits from Michigan — and the billions of dollars already loaned it by U.S. taxpayers in the form of last year’s bailout — Chrysler may soon get approval for billions more in loans from the Departme…

Volkswagen on Track to Overtake Toyota, CEO Says

by | Oct 27, 2010 | Towing

Volkswagen

Volkswagen (VLKAY) CEO Martin Winterkorn said the company is on track to overtake Toyota Motor (TM) as the world’s largest automaker.

The German company beat Toyota’s full-year profit goal in the first nine months.

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“The Volkswagen group continues to have its sights firmly set on capturing pole position in the automotive industry,” Winterkorn said in an e-mailed statement, according…

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Volkswagen on Track to Overtake Toyota, CEO Says originally appeared on DailyFinance on Wed, 27 Oct 2010 07:34:00.

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