Takata, the world’s second-largest air bag maker with 22 percent of the market, has been plagued by problems for the past 13 years.
Sales expected to rise from 16.4 million this year to 16.8 million next year.
Money raised from the spin off will help fund Fiat Chrysler growth plans.
“I want it understood that they day of GM being a polite competitor is over,” Barra tells the Detroit Economic Club.
Lexus finishes tops in Consumer Reports reliability study, followed closely by Toyota. Buick is top domestic brand.
Chrysler displays several customized vehicles that it’s going to take to the SEMA Aftermarket show, including something unique called the “Hospitality Van.”
Car dealers say it creates a “level playing field.” Tesla calls it a “raw deal.”
WWJ AutoBeat Reporter Jeff Gilbert checks out Mercedes new small crossover, the GLK.
Finalists for North American Car and Truck of Year will be announced in December. Award winners will be announced to start auto show in January.
The old plates were issued in August 2013 and were voted the world’s best license plates by the Automobile License Plate Collectors Association.