• Chrysler recalls more than 25,000 vehicles

    Chrysler is recalling more than 25,000 Dodge Caliber and Jeep Compass vehicles to address the risk that accelerator pedals could become stuck and cause unintended acceleration, the automaker said on Friday.
  • Quality on the Line: The Fallout from Toyota's Recall

    More than any other auto manufacturer, Japan's Toyota has built its name on quality. Now, the identity of the world's largest car maker is in question as it recalls millions of vehicles because they may suddenly accelerate, putting the lives of drivers and their passengers at risk.
  • Toyota reviewing pedal fix with U.S. regulators

    Toyota Motor Corp is consulting with U.S. safety regulators on a fix that would allow it to avoid the more costly option of shipping brand new accelerators for over 2 million Americans with vehicles under recall, two people briefed on the talks said.
  • President Obama State of the Union speech

    OBAMA: Madam Speaker, Vice President Biden, members of Congress, distinguished guests, and fellow Americans:Our Constitution declares that from time to time, the president shall give to Congress information about the state of our union. For 220 years, our leaders have fulfilled this duty. They've do...
  • Toyota (TM) Steps On The Gas With Recall While Share Price Brakes

    Toyota Motor Corp. accelerated its massive recall of cars over fears of potentially malfunctioning gas pedals as shares continued to decelerate, tumbling from their high of $91.78 to under $79 in a little over a week. The recall has now been expanded to include an additional 1.09 million vehicles in the U.S. (the 2008-2010 Highlander, [...]
  • U.S. invests record $2.4 billion in batteries for electric vehicles

    President Barack Obama announced at a Navistar International Corporation factory in Elkhart, Indiana, on Wednesday, a $2.4 billion investment from the Department of Energy, for advanced battery technology for hybrid and electric-drive vehicles, the single largest investment ever made for this purpose, according to the department.
  • Obama says new energy technology key to economic future

    President Barack Obama urged Monday for more investment in new energy technologies such as solar, wind or hydrothermal, saying that is the way the United States can win the economic competition of the future.
  • Stocks Treading Water As The Dollar Declines

    Stocks were little changed on Monday as President Obama travelled to Elkhart, Ind. to drum up support for the stimulus package, now valued somewhere north of $800 billion.
  • Obama takes stimulus pleas to hurting cities

    President Barack Obama is taking trips to two cities in Indiana and Florida hurting under the economic crisis to make his case for the large economic stimulus package that is facing opposition in Congress.