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		<title>Chrysler posts $225 million profit</title>
		<description><![CDATA[Diane Alter &#8211; AHN News Reporter Detriot, MI, United States (AHN) &#8211; Chrysler reported a $225 million profit on Wednesday. The company capped its first profitable year since its government bailout and bankruptcy in 2009. The fourth quarter results were fueled by $15.1 billion in revenue, a 41 percent increase from the same period a [...]]]></description>
		<link>http://cheapcars.eaquire.com/chrysler-posts-225-million-profit/</link>
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		<title>VW sells record 5.1 million cars in 2011</title>
		<description><![CDATA[Linda Young &#8211; AHN News Writer Wolfsburg, Germany (AHN) &#8211; Volkswagen AG announced it had record sales of 5.1 million cars and sport-utility vehicles worldwide in 2011. Sales were up worldwide by 13.1 percent in 2011 from 2010, company officials said. Volkswagen is Europe&#8217;s largest carmaker. Although much of its growth came from gains in [...]]]></description>
		<link>http://cheapcars.eaquire.com/vw-sells-record-5-1-million-cars-in-2011/</link>
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		<title>Honda widens recall for airbag problem</title>
		<description><![CDATA[Linda Young &#8211; AHN News Writer Torrence, CA, United States (AHN) &#8211; Japanese automaker Honda has expanded its previously announced recall of vehicles with dangerous air bags to include almost 900,000 vehicles. The recall affects only vehicles sold in the United States and includes model years 2001 to 2003 of the affected cars. The recalled [...]]]></description>
		<link>http://cheapcars.eaquire.com/honda-widens-recall-for-airbag-problem/</link>
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		<title>GM CEO: Earnings good, but not good enough</title>
		<description><![CDATA[Diane Alter &#8211; AHN News Reporter New York, NY, United States (AHN) &#8211; General Motors reported better than expected earnings in the third quarter on Wednesday, but CEO Dan Akerson said the quarter &#8220;isn&#8217;t good enough,&#8221; a signal that more cost cutting lies ahead. GM, the U.S.&#8217;s largest automaker, earned $1.7 billion, or $1.03 a [...]]]></description>
		<link>http://cheapcars.eaquire.com/gm-ceo-earnings-good-but-not-good-enough/</link>
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		<title>Chinese companies buying automaker Saab</title>
		<description><![CDATA[Linda Young &#8211; AHN News Writer Stockholm, Sweden (AHN) &#8211; Struggling automotive icon Saab will change hands again in a proposed deal to save it from bankruptcy by selling it to two Chinese companies. Swedish Automotive will sell its Saab unit to Chinese distributor Pang Da Automobile Trade and auto manufacturer Zhejiang Youngman Lotus Automobile. [...]]]></description>
		<link>http://cheapcars.eaquire.com/chinese-companies-buying-automaker-saab/</link>
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		<title>UAW ratifies deal with Ford</title>
		<description><![CDATA[Linda Young &#8211; AHN News Writer Detroit, MI, United States (AHN) &#8211; United Auto Workers approved a new four-year labor agreement with Ford Motor, UAW officials announced on Wednesday. As recently as this weekend, 53 percent of the 41,000 Ford UAW rank and file members were voting no to the contract. However, that changed when [...]]]></description>
		<link>http://cheapcars.eaquire.com/uaw-ratifies-deal-with-ford/</link>
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		<title>Ford, United Auto Workers reach tentative contract</title>
		<description><![CDATA[Kris Alingod &#8211; AHN News Contributor Detroit, MI, United States (AHN) &#8211; Ford has reached a tentative labor contract with union workers in more than two dozen plants nationwide. The agreement with the United Auto Workers, which still requires ratification from members, will add 12,000 new jobs in the company&#8217;s facilities, 5,750 more than what [...]]]></description>
		<link>http://cheapcars.eaquire.com/ford-united-auto-workers-reach-tentative-contract/</link>
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		<title>GM enters electric car joint venture with Chinese automaker</title>
		<description><![CDATA[Vittorio Hernandez &#8211; AHN News Detroit, MI, United States (AHN) &#8211; General Motors announced on Tuesday that it has entered into a joint venture with a Chinese automaker to develop electric cars. The deal also involves transfer of battery and other electric vehicle technology. The 50-50 joint venture is between GM and Shanghai Automotive Industry [...]]]></description>
		<link>http://cheapcars.eaquire.com/gm-enters-electric-car-joint-venture-with-chinese-automaker/</link>
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		<title>Honda recalls million cars worldwide</title>
		<description><![CDATA[Jupiter Kalambakal &#8211; AHN News Reporter Tokyo, Japan (AHN) &#8211; Japanese automaker Honda Motor Co. is set to voluntarily recall close to a million car models to repair troubles with power windows and computer equipment. The global recall will be done in two categories. Some 936,000 units of the Fit subcompact, CR-V crossover and Fit [...]]]></description>
		<link>http://cheapcars.eaquire.com/honda-recalls-million-cars-worldwide/</link>
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		<title>GM, LG team up to create future electric vehicles</title>
		<description><![CDATA[Jupiter Kalambakal &#8211; AHN News Reporter Detroit, MI, United States (AHN) &#8211; U.S. automaker General Motors Co. and top Korean battery manufacturer LG Corp. have entered into a partnership to design and create future electric vehicles. The strategic partnership came after LG supplied GM the lithium-ion batteries for its Chevrolet Volt and Opel Ampera. Many [...]]]></description>
		<link>http://cheapcars.eaquire.com/gm-lg-team-up-to-create-future-electric-vehicles/</link>
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