“Quite frankly, it’s a black eye for our industry.”
Chrysler posts $611 million in third quarter earnings, expects to make around $2.5 billion for full year.
Audi is recalling nearly 102,000 luxury cars because the front air bags may not inflate in a crash.
Vehicles recalled include various model years of the F-150, Flex, Transit, Transit Connect, Crown Victoria, Grand Marquis and Lincoln Town Car.
Chrysler sales rise 22 percent. Best October since 2001. GM sales were flat. Ford sales dropped 2 percent, on tight pickup inventories.
The penalty could serve as a precedent for other automakers who violate the Clean Air Act.
Chrysler is recalling more than 566,000 SUVs and trucks because malfunctioning fuel heaters can cause fires, or a software glitch can disable the electronic stability control.
“I want it understood that they day of GM being a polite competitor is over,” Barra tells the Detroit Economic Club.
Owners of electric vehicles have already gone gas-free. Now, a growing number are powering their cars with sunlight.
Lexus finishes tops in Consumer Reports reliability study, followed closely by Toyota. Buick is top domestic brand.