Daimler Chrysler Recall Administration Auburn Hills Mi
Volvo Recalls 360,000 Cars for Speed-Control Problem
Volvo earlier released a statement that it is recalling approximately 360,000 cars due to a problem in speed-controls that can cause the vehicle to lose power without any warning. The automaker added that the defect in the electronic throttle module in Volvo cars manufactured between 1999 and 2002 could throw engines into the so-called "limp home" mode having about 15 miles per hour as the maximum speed.
Said recall, which is ordered by the Nati Read More...
DaimlerChryslers Stockholders Want Chrysler Out For Good
DaimlerChrysler AGís annual general meetings have always been a stormy event in recent years with stockholders hammering out at the transatlantic car giantís management over the groupís declining share price plus the failure of its ambitious global expansion to produce positive results.
And now after nine years of spending money into the troubled Chrysler operations, what the companyís shareholders and investors would like to know from DaimlerCh Read More...
Volkswagen Not Interested in Chrysler
In Germany: Volkswagen, Europeís largest automaker and maker of renowned auto products like Volkswagen spark plugs was not spared from the Chrysler selling issue which forces Europeís largest carmaker to release an official statement saying that they are not interested in purchasing the money-losing Chrysler from DaimlerChrysler.
According to Christine Ritz, spokeswoman for Wolfsburg-based Volkswagen AG, that the Europeís largest automaker is no Read More...