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Recalls Not Curtailing Ford (12/18/12)

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Tags:

  1. Super Bowl3:30
  2. unfair advantage0:16
  3. Dave Bing1:10
  4. Federal Transit Administration2:32
  5. US government2:57
  6. beat McCain1:22
  7. maker financed2:56
  8. mark fields0:31
  9. auto maker0:15
  10. Highway Traffic Safety Administration1:49

Wed, 19 Dec 2012|

Fields: Consumers have good view of Ford quality, ex-Porsche CEO Wiedeking charged, Chrysler raps U.S. minivan ruling.

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Automatically Generated Transcript (may not be 100% accurate)

Good morning on this Wednesday in welcomed the first shift I'm Justin Norway it's in today for Jennifer bong. Why Chrysler is claiming one US auto maker is getting an unfair advantage. Let that story coming up but first a look at this morning's top headlines. Despite a recent spate of safety recalls Ford sales are still increasing. That word coming from newly crowned chief operating officer mark fields. Fields telling reporters Tuesday quote I think overall our sales are doing well. He said consumers have a good perception of the quality of -- products last week Ford issued the fourth recall on its 2013 escape crossover -- a lot. The most recent one to address the software glitch in the cooling system of the escape as well as the fusion sedan. That glitch could increase the risk of an engine fire. But through November 4 sales were up 5% compared with the first eleven months last year although that's well below market average. Fields speaking with reporters after an event to Detroit where -- And mayor Dave Bing announced a ten million dollar program to fund -- community center -- recreation and summer camp. Prosecutors in Stuttgart Germany have charged former Porsche CEO eventually beat McCain. And -- then finance chief -- market manipulation of Volkswagen shares. The prosecutor's office saying today that the executives made false public statements during a sports car makers botched attempt to take over VW in 2008. In 2009. B king and former CFO holder here tar could face a sentence of up to five years if found guilty of breach in securities trading laws. And the head of the National Highway Traffic Safety Administration says event data recorders also known as black boxes. Are essential for auto safety. -- say administrator David Strickland telling the Detroit news the government will protect motorists privacy. Earlier this month. It's a proposed ordering auto makers to put ED ER is an all new light vehicles manufactured after September of 2014. More than 90% to 2013 model vehicles being sold in the US already have black boxes which can record data in the seconds leading up to a crash. Strickland telling the news he opposes on off switches that would allow vehicle owners to disable the reporters. A recent ruling by the Federal Transit Administration now requires any provider of specialty -- for disabled people to buy those bands from one company only. Vehicle production group. That's unless the provider can present a quote compelling reason to buy from another manufacturer. Vehicle production group is building the. The US based VPG -- and be one of band has been featured here on first shift is a star band maker financed by the US government. Chrysler which produces modified vehicles for the disabled based on its own minivans -- -- the ruling now gives the PG a monopoly on the market which will eventually cause prices to go up the Chrysler spokesperson saying in an email to Bloomberg quote notwithstanding this decision. Chrysler group does not believe the NB one vehicle is a good substitute for Chrysler group manufactured minivans. So far the federal transit authority has dismissed Chrysler's comments. And before we wrap up this morning a first shift add flash. And who could forget this classic VW Super Bowl -- from two years ago. And maybe there'll be more where that came from Volkswagen Tuesday announcing they'll be advertising during this February's big game for the fourth consecutive year. With a brand new. 62 spot. And with that we thank you so much for joining us today I'm just a -- it's a Jennifer -- will be back with you here in the studio tomorrow have a great --

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