of chrysler group. sergio marchionne says the industry has become so competitive, he's not ruling out alliances or outright mergers with other car makers. marchionne made his remarks as chrysler launches what could be its most important product in decades. diane eastabrook has details. >> reporter: chrysler group chairman and c.e.o. sergio marchionne walked the assembly line in belvidere, illinois, thanking workers making the new dodge dart. the compact which hits showrooms next month is the first collaboration between chrysler and fiat, marrying european engineering with american design. it's also chrysler's first entry into the very lucrative small car segment in years. >> i think now we're fully competitive with the american landscape. i think we need to take it one step further and distance ourselves from the rest of the pack one more time. >> reporter: today marked the one year anniversary of chrysler group's repayment of government loans. chrysler survived bankruptcy reorganization three years ago

they own the secureded debt of chrysler corporation back in 2008. when the federal government organized the bankruptcy of chrysler in may, ultimately, of 2009, all of the rules of secured creditors, all of that law, the bankruptcy law that had been in existence since the since congress of the united states, was thrown out the window. and as a result, our secured creditors, it happened to be not just teachers, but -- i'm sorry, not just police officers, but retired teachers here in indiana, had their property ripped away from them. in an unprecedented way. and in that case, i did file a lawsuit. we went to the united states supreme court, first time they failed to take the case, the second time we went back, they ultimately ruled in our favor by vacating the earlier court's decision. >> is the auto bailout of 2010 different than when chrysler got bailed out and dick lukerr luge was part of the 1978 bailout, i think it was in 1978, was that a different situation? >> yeah, it was a totally different situation in the financial structure of the deal. the

it affect the chrysler 300 and dodge sedans. chrysler said a fuse could overheat causing the antilock brakes to mal fufntle owners -- malfunction. owners can bring the vehicles in to have the fuse replaced. >> orioles magic is in the air. >> we thought it was amazing. >> very good. we're going to show you some of the other incredible fans heading to the ballpark tonight. the stakes are higher. what this underdog couple is thinking on "dancing with the stars." >>> and the search for the missing tennessee mother and her three daughters. Ñ[= >>> you could say he hoofed it pretty good from kentucky to pimlico. i'll have another is trying to get ready for the preakness. let's go to roosevelt leftwich. >> reporter: you're looking at it right heemplet the horse just arrived -- the truck just arrived with the horse in it. they will give it a chance to get aqaintsed with pimlico. this is one of the earliest arrivals of a kentucky derby in many years at least in the early 2000's but the trainer wanted to get it here early to work it out o

chrysler has announced a recall of more than 125,000 dogs chartered at chrysler 300 here in the u.s. and canada. chrysler says there could be problem in the stability control and antilock breaking system. chrysler and parent company say they have no word at any accidents or injuries as of the problem which involves a fuse in the electrical system. recall notices are set to go out later this month. handful of united airlines pilots handed out -- grievances about their contract. also had a warning to passengers that 66% of the united domestic flights are currently out sourced to regional carriers which may have lower safety standards. the united spokeswoman disputed the figures and said 90% of the panels fly. the pilot's negotiations with united had stalled the pilots have been without a contract now for more than 2 years. >>> several north bay business owners say they become the target of lawsuits they say fairly explode the america's disact act. fish and chips restaurant say lots have claimed the restaurants and counter adequately accommodate disabled customers. paying the $12,000 in

. >>> chrysler is bringing back 119,000 chrysler 300 and dodge sedans. there's a problem that causes the hasn't lock stability system to fail. and the safety system can overheat. it has not caused problems. nobody has been hurt but you can take it back to the chrysler dealer to have the fuels replaced. >>> it can be frustrating for people on these gluten free diets who eat out. it will be easier. domino's is making pizza with a gluten free crust. it's prepared in ovens that are gluten free. they cost a little more. others who are catering are pf kens -- chang and anheuser-busch. >>> here's abc2 news roosevelt leftwich right outside stall 40. >> reporter: the horses got here so early that they're putting them in another stall. so they may break some tradition here but may also come out with a win. let me show you some of the pictures. i'll have another arrived in the area at the airport just after 3:00 on a flight from louisville. it was escorted to pimlico where it arrived after 5:00. trainers say the reason they brought it in, because they wanted the ho

should they have used the funds to bail out generate motors and chrysler? no. said if general motors ford and chrysler get the bail-out they asked for, you can kiss the american automotive industry goodbye. >> that was a new web video released by the obama campaign to commemorate mitt romney's return to michigan. for a closer look of what's happening on the ground there, we are turning to lansing's mayor who got his reputation as america's angriest mayor when he was fighting for the auto industry in the midst of the meltdown. welcome inside the war room. >> good to be here governor. if you look up chutzpah in the dickary, his picture is there after his performance today. incredible. >> that's -- i am sure you heard about it second-hand. you probably weren't there. let me ask you about not his -- his speech in lansing. i understand he didn't say anything about it there but when you heard yesterday him take credit for the auto industry's rebound, i am curious what you thought. >> it's incredible. in our hour of need -- and you know it well governor because we wer

. >>> vamos a cambiart uni de te i ed ncompañía chrysler llamó a reparación 17. 550 autos.2. fabricados en diciembre del 2011. la compañía dijo que no hay reportes de choques, o heridos debido a estos problemas. . >>> estamos como dicen de manteles largos univisión y la cadena abc iniciaron un acuerdo histórico para la televisión en te país. >>> orgullosos enrique, se trata del proyecto para lanzar un nuevo canal de notas e información dedicado a la población hispana que habla inglés. >>> de new yornosnot brinda lo detalles del anuncio y lo que usted puede esperar de esta nueva oferta informativa todavía no tiene nombre, pero nació hoy. el anuncio se hizo en new york. y se trata de una empresa conjunta de noticias e información en inglés. para los hispanos de estados not idos. t uni >>> abc news ynnot ued noc (r)) estados unidos. y este servicio, creo que también va a traer mucho interés. de toda la comunidad americana na. que ahora está interesados en el tema latino. porque la influencia de laoc (r a través de temision@@not uni e@ llegoc (r) losunivis his@@snot o teléfonos

. >>> chrysler is recalling a about 119,000 chrysler 300 dodge charger sedan. there's problem that could cause the antilock brakes and electronics stability control sis tomes fail. in the recalled cars a fuse from the computer controller that runs the safety systems can overheat. probably didn't cause crashes and no one was hurt but they want to make sure you know about this. take the car to a chrysler dealership to have the fuse replaced. >>> phillips is closing doors at the manufacturing facility and distribution center in baltimore. about 100 people will be out of work as a result of the shutdown. the fort avenue location will continue to be the world headquarters for phillips. company officials say this will not impact restaurants or crab deck set is opening this summer at a power plant. >>> select group of mortgage borrowers will get a break. executives at bank of america say they will begin mailing 200,000 letters offering certain customers a mortgage principle reduction. they could get as much as $150 knocked off the balance of the mortgages. this is par

>> instead of chrysler, i like ford here. yeah, they got that iconic logo back from the bank, essentially. seeing nearly 2% bump today in the stock. also i like tata. the emerging market. big motor company in india. if you're looking for the emerging market plays see the nice retracement. back to you, ty. >> tata, jeff. coming up, the man who revolutionized the way we dressed. also ahead, diana olick down at the docks. >> that's right, tyler. ships like this one have seen their fair share of combat, right? but will the budget battle finally sink them? we'll tell you coming up next on "power lunch." tdd# 1-800-345-2550 we're hitting new highs. tdd# 1-800-345-2550 the spx is on my radar. tdd# 1-800-345-2550 and i'm on top of it all with charles schwab. tdd# 1-800-345-2550 tdd# 1-800-345-2550 i use streetsmart edge and its tools like... tdd# 1-800-345-2550 screener plus. tdd# 1-800-345-2550 i can custom build my own screens tdd# 1-800-345-2550 or use predefined ones to help me find tdd# 1-800-345-2550 possible trading opportunit

chrysler sales revved higher in april, thanks to the jeep grand cherokee. >> tom: and what the facebook stock sale could mean for california's economy. we talk with state treasurer bill lockyer. >> susie: that and more tonight on n.b.r.! we begin tonight with the markets. investors kicked off the first day of may on the upside. the dow rose 65 points, the nasdaq added four, and the s&p up almost eight points. suzanne pratt looks at whether a wall street saying about may will prove true this year. >> reporter: today was a great start to what could be a rough stretch for u.s. stocks. still, nervousness about may persisted among professional investors on wall street. >> there is a certain amount of trepidation. first of all, everyone knows this is a weaker time seasonality-wise. there's the old saying, "sell in may and go away." >> reporter: investors may be particularly worried about this summer because you may remember may and june in the last two years was downright awful for the stock market. and there's plenty of historic data backing up that wall street adage-- sell in may and go awa

chrysler is up by 25%. stories about chrysler look like this now -- "chrysler posts best quarterly profits in 30 years." and headlines about gm now look like this -- "gm now the number one out maker in the world." in terms of sales, gm the largest car company in the work. gm takes from toyota bragging rights as the world's number one car company. gm is thriving, chrysler is thriving. and mitt romney is running for president again, or still running for president. yesterday, mitt romney stumped his way through the swing state of ohio, which happens to have a lot of auto jobs. they look their auto industry jobs in ohio, very well, thank you very much. and they are therefore very much interested in ohio, in mitt romney's super courageous stand against bailing out the industry that their state depends on. but for the guy who said that bailout would never work and it was a mistake and we should let detroit and the car companies go, it turns out that courage wasn't the relative concept here for understanding mitt

chrysler will no longer make the chrysler town and country minivan. they are stopping production of the dodge caravan but fiat/ chrysler seo says it is the town and country. our friends that travel and leisure magazine have bought a new list that paints baltimore any less than flattering light. it ranks term city as the third worst dressed city and the entire nation. yeah, they point to the source of beehive hairdos. >> they have no idea what they are talking about. they need to look at all of us. >> at least you. >> you are sweet. the time is 6:17. reaching for the pepco gizmo. real fans are on board. we will have sports next and here's a look at last night's maryland lottery numbers. >> now traffic paul sullivan and instaweather plus together. >> here is a look at the morning commute. main street is shut down in darlington between castle 10 road and rte. one due to a leftover accident. the accident itself is clear but the downed wires are still in place. that is closing down that road way. take castleton road as your alternate. if you're going out t

he filed suit against the government and chrysler trying to force the liquidation of the chrysler automotive. and i fought him tooth and nail as you and so many others said and the even said i never took a pledge to protect every job. well i did. he spent almost $3 million of indiana taxpayer money hiring a new york law firm to try to force the liquidation of chrysler. >> so he says he is not willing to compromise on his views. >> right. >> what issues do you think you are willing to compromise on? >> i'm willing to work to move our country forward. i have often said that -- you know i'm a democrat and proud to be a democrat. but it's not about democrats or republicans. it's about america. fred upton, is a republican but he and i work together all the time on veteran's issues. john sullivan from oklahoma we work on natural gas issues. we work together on job-creation programs in community colleges. so we're willing to talk with anyone to see if we can create a better program to reduce the debt. when our founding fathers created the constitution nobody in that room was able to say it's my way

. >>> still in the sector, the best april for chrysler in four years. a heck of the a month for the folks of vw. also news hyundai of south koor rae ya is going to be working round the clock literally to keep up with demand. are auto sales tells us a different story? jessica coldwell and phil lebeau. jessica, thank you very much for joining us. i want to talk about chrysler first of all which had essentially the best april in four years. sales are moving up. incentives are moving down. how did they achieve this? >> it's an interesting question i think a lot of people have been asking themselves. that's the ideal mix. sales up. incentives down. the interesting thing is if you pull back the layers, one thing i've noticed looking at their finance rates, they have a big percentage of their finance buyers for chrysler and dodge that are technically in that subprime category. people that are financing their cars for over 10%. that opens you up to a big portion of the market. a part of the market a lot of automakers aren't coveting. if you open yourself up to

and tom, we're going to get a better picture of how chrysler is doing tomorrow. that's when the nation's automakers post their april sales numbers it. >> tom: u.s. sales have been a bright spot for those equipment manufacturers like chrysler, gm and ford especially in light of the slowdown we have seen lately in the europe. and you know, in our market focus, it was despite the monday merger news that we had, the major stock indices finished this month of april in the red, down for the first month for the dow and s&p 500 since last fall. after weak trading in europe as spain slipped into a recession, u.s. stocks saw selling pressure throughout the day. the s&p 500 hit its lowest price of the session about an hour and a half before the closing bell. today's losses were powered by selling in the technology, industrials and materials sectors, each falling more than a half percent. technology has been the best sector this year, but its also lived up to its volatile reputation. even apple has continued to see wide price swings. apple's 3% drop led the tech sector lower

. >>> vamos a camar de tema la compañía chrysler llamó a reparación 17. 550 autos.la compañía dijo que no hay reportes de choques, o heridos debido a estos probles. . >>> estamos como dicen de manteles largos univisión y la cadena abc iniciaron un acuerdo histórico para la televisión en te país. >>>rgullosos enrique, s trata del proyect para lanzar un nuevo canal de notas e información dedicado a la población hispana que habla inglés. >>> de new york nos brinda los detalles del anuncio y lo que usted puede esperar de esta nueva oferta informativa todavía no tiene nombre, po nació hoy. el anuncio se hizo en new york. y se trata de una empresa conjunta de noticias e información en inglés. para los hispanos de estados unidos. >>> abc news y univisión lanzaran un nuevo can de televisión dirigido al público spano 24 horas al día. 7 días a lsemana >>> también es importante hoy en día. porque univisión es el ente, no solo de la kmu feudo latina, y más impornte hacia la comunid en general, aquí dlogs estados unidos. y este servicio, creo que también va a traer mucho interés

the recall involving the 2012 chrysler 300 and the dodge charger sedan. automaker says there is a fuse in those cars that can overheat and that can cause the anti-lock brakes and electronic stability control system to malfunction. owners can bring the cars to chrysler dealers and it will replace that use for you for free. new morning fog parents of young drivers. tripoli reports a drivers risk of death increases 44% to one carrying one passenger younger than 21 and no older passengers in the vehicle. the risk is double with two young passengers but the research also finds that the risks plummet's by 62 percent when there is an adult watching over that teenager. >> google will hit the road in nevada to test drive theirself driving a car. the silver state is the first to give them a license application to drive its autonomous car on public roads. the cars will need to have special license plates with red backgrounds and an insanity symbol on the left inside. the self driving cars have already gone through limited test runs in nevada and california. we will

chrysler sales, where are they? they're up more than 26%. general motor sales are up more than 13%. 115,000 jobs have been added. mitt romney has a paper trail a mile long to show that he's not on the right side of history on this story, and now he wants to take credit for it? romney was in lansing, michigan, today. he didn't say a word about the automobile industry. really? in their own backyard, he had nothing to say? he knows he's not telling the truth and he knows he really gets the credit on the other side of the aisle. that's president obama for saving the automobile industry. joining me tonight is howard fineman. nbc news political analyst and editorial director of the huffington post media group. great to have you with us tonight. i know you have spent some time with the romney campaign. how do they expect this story to play out in the long haul? are we going to keep hearing mitt romney saying it was his plan that saved the automobile industry? >> well, ed, i was just here in boston and i said, hey, i'm going on "the ed show." tell m

. >> chrysler sales jumped dramatically. sales dropped 8% at gm. ford and 5% but chrysler rose 20%.luded the ram pickup and jeep wrangler. sales of the compact and subcompact cars fare poorly. >> and new safety plan for drivers and pedestrians. it is part of the county's transfer of neighborhood initiative. officers will spend 30 minutes of their shift during traffic enforcement. >> the commonwealth of virginia is offering big prizes to get people to consider the state for summer vacation. virginia's tourism web site will give away prizes for 100,000 visitors to the site. prizes include hot air balloon rides and shopping sprees. if the side gets to 1 million page uses, the state will offer a trip to virginia beach. >> spring fire season ended in the old dominion. more than 350 wildfires burned in the state during april scorching 43,000 acres. two of the biggest fires were in page and patrick counties and it is believed those fires were intentionally set. >> are we still in drought conditions? >> we are still a few inches lower. we will have showers and thunderstorms will whittle awa

>> i hear the question a great deal, if chrysler and general motors are now deemed successful, was in the point i took in 2009? i was not wrong because the law should always matter. government should not be in the position of picking winners and losers. that's what the chrysler and gm bankruptcies were all about. >> so you disagree with mitt romney who basically says the version of the auto bailout, the managed bankruptcy is something he's supportive of. >> the bankruptcy that ought to have occurred should have one that was consistent with the law of 2009. i believe with my heart and soul if that bankruptcy had taken place, you would have seen much of chrysler and general motors continue through that process. would it be different? sure it would. still, to throw away the law and have government take away the property of some individuals so they could give to someone else, how does anyone justify that? no one has yet even tried to make that argument that i'm aware of that it was a good thing that, it was fair. our law says we're all supposed to be equal. yet in the chrysler bankruptcy

. >> reporter: chrysler is recalling about 68,000 wranglers in the u.s. for problems that could lead to fires. they affect 2010 wranglers with automatic transmissions. the skid plate is close to the catalytic converter that can trap debree. the catalytic converters get hot and could start a fire. wrack letters built in later years don't have this problem. to fix the problem wraing learn owners will -- wrangler owners will be asked to have the skid plate replaced with skid bars. owners will be notified as soon as possible. >>> the third person wanted in connection with the suspected pill mill in timonium lutherville has turned herself in. joce sterman joins us with the latest on this case. >> reporter: records show alina margulis is one of the operators of the healthy life medical group that was raided last week by local cops and day r--- dea. she surrendered to police in baltimore county plerl today. she's been indicted on charges of conspiracy to deliver schedule two narcotics. ship and two others, michael reznikov and gerald wiseberg were running a pain

up...hundreds of thousands of chrysler cars...re being recalled this morning.the problem that's deeected... andd encourrged to do. :28 "if this had happeend - beeore september 111h, it pefinitely would have succeeded." succeeded." but next... the f-b-i is inveetigating a &phomemade bomb... intended o 3 what the suspect was planning thrrugh security.aad why it &pinvestiiators haan'' intercepped.you're watching 3local.. all morning. ((break 3)) ((bump in)) 3&pan expposiveedevicc... that of the f-b-i this morring..icc & vincent xplainssthe events 3 and what we know aboot tte plot. intelligence agencies roke up plot to bloo up an 3 expposive device overseass soo:rep. peeer kinggchairman, committeeeon hhmeland security "it nevvr made it on o a pllne, but t was deetined for, it was intended to go oo & kiil aaericans."house homeland 3 peter kinggsayssthe bomb iss now being ssudiid by thh f-b-i. it's similar to ones made by ibrahim al-asiri - the prinicppl bombmaker for al sot:rep. peter king/chaiiman, coomittee n omeland securityy-"i've

the recall only affects 2011 and 2012 chargers and chrysler 300 vehicles. >>> stay with us. "news4 today" continues right now at 5:00 a.m. >>> taking a live look outside at 5:00 a.m., a cool start, possibly rain later in the day. the forecast in a few minutes. >> good morning, i'm aaron gilchrist. >> i'm eun yang. welcome to "news4 today" for this tuesday, may 8, 2012. the clouds outside are perfect mood for the caps' fans today. >> shot -- scores! >> watching things slip away. the caps' playoff run in jeopardy this morning after a critical mistake cost them a win in new york. we were up with seven seconds left in the game -- >> i know. >> it was a penalty against joel ward that cost us the game. he's taking it hard himself. no one is feeling it as badly as he is. >> you're right. more coming up. >>> first, we turn to meteorologist tom kierein to get you out the door with the start of the forecast. >> yeah, starting off with a few clouds around to match your caps mood this morning. and we have had quite a bit of cloudiness ever since yesterday. and overnight we've had a most

it involves the 20112012 chrysler 300 and dodge charger sedans. a fuse can overeaten which can cause the anti-lock brakes to malfunction. owners can bring the car to dealers to have the fuse replaced. tripoli reports that drivers risk of death increases by 44 percent when carrying one passenger you entered and 21 and no older passengers. risk is doubled with two young passengers but the researchers also find that the risk limits by 62 percent when there is an adult watching. >> the meeting could be hazardous to our health. a new study finds that people who drive long distances to work are more likely to have bigger way sizes and higher blood pressure. researchers also found that those who commute more than 15 mi. to work or more likely to be obese. researchers say commuters are spending their time behind the wheel instead of being physically active. a new study indicates that acupuncture and hypnosis can help people quit. research says that it tripled the success rate. scientists also say that smokers to utilize the hypnosis had a higher success r

chrysler will fix the problem for free.t grip on the gas pump also has consumers keeping a tight grip on their wallets. a study finds even though gas prices have been declining, nearly six in 10 consumers say they have cut back on non- essential spending like vacations and dinners out although fuel prices have been falling, they remain at elevated levels and that as consumers staying cautious. if your summer travel plans include a trip to disneyland, be prepared to pay more. the happiest place on earth has boosted its ticket prices every summer in recent years and this year is no exception. a single day press jumped from $80 to $7 this year. california residents can take advantage of discounts, the cause for year-round passed outside the state runs $649. no word whether disney will raise ticket prices at its other parks. >> now, your instaweather plus forecast. >> once again, we are locked in this cloudy, unsettled pattern and it will take a couple of days for the sunshine to return in full force. hd doppler radar is showin

and chrysler drives off with some impressive sales.andall pinkston's here in new york with that and a whole lot more. good morning, randall. >> good morning. stocks overseas rallied. tokyo's nikkei gained 0.5%. hong kong's hang seng added about 1%. a strong report on u.s. manufacturing sent stocks on wall street higher. the dow gained 65 points to close at its highest level since 2007. nasdaq up 4. mark your calendars for may 18th. that is reportedly the day that facebook shares will go public. according to t"the wall street journa journal", the social networking site will begin meeting with investors early next week ahead of the initial public offering. facebook hopes the ipo will raise about $5 billion. >>> both ford and general motors reportedly april sales were down from a year ago but the news was good for chrysler. the u.s. automaker had its best april since 2008 with sales up 20% from last year. >>> a group of british lawmakers say rupert murdoch is unfit to run his worldwide media company, news corp. the ruling is based on last

rrator: and by the 1990s, the big three-- gm, ford and chrysler-- were paying more and more attentionoyota, for their part, put lean production on display, inviting the competition, or anyone else for that matter, toth kctatota's reci quity pru or "just-in-meoduction. -imeis a productiorosystem thbut from the workers at the end of the line-- the ininal aem howrks. carefuy--itpensrey quic. we'll followthe produe of toyota's y,ce conso cup e dan, our cup-holder installer, he also tracks and reorders aninall the parts he needs.. here'sow. when dan empties one container of gray, brushed-finished cup holders, a ontadrops into place, a card that'ndfa circinore dan pulls s kanb, withininutese kaans froman n a card that'ndfa circinore are picked up by shirley... who bikes them back to for sorting. ed gives them to jim, the truck driver, who trucks them 30 miles and delivers them to mary at summit polymers, an aricarts sulieryota. mary puts e kaan in aemy x atk station so gail knows at sheeeds to buil 24 gray, brushed-finished cup holders. this made-to-order cup holder will be packed, delivere