. >>> and chrysler is recalling more than 250,000 minivans. the dodge caravan, chrysler town and country, and ram cargo van. chrysler says a software problem is causing side air bags to deploy on the wrong side when there's a crash. the carmaker says the problem can be solved with a quick software fix. >>> and an amazing tale of survival. a dog that got trapped under the hood of a car. and the car driving through three cities in florida.

man even though he's no longer a chrysler employee.ears after the automaker shut down its stamping plant in twinsburg, ohio, mcqueen hasn't forgotten the job he loved. >> like a lifelong job to get in there and once he did i had made it. >> reporter: but mcqueen and 1,260 others lost their job when chrysler went bankrupt in 2009. >> we had some people that really got hurt by this. >> reporter: as twinsburg wrestled with higher unemployment chrysler went through chapter 11 and started adding jobs at its remaining plants. >> we're able to add a second shift. >> we're investing a total of $374 million. >> we're going to be adding 1,100 jobs more to this plant. >> reporter: while chrysler is running near capacity and is expected to continue adding jobs around the country, it's unlikely the automaker will return to twinsburg with the new plant. >> as they ramp up production, they will hire additional workers in the plant but won't build new plants for the foreseeable future. >> reporter: so the city of 18,000 is trying to move on without ch

chrysler says it is unaware of accidents or problem. 2011-2013 chrysler sebring, 200 and dodge avengers notifying customers and will replace the component or upgrade software at no cost. here is a live look outside. traffic is light on this independence day. the fourth day of the bart strike. . look at 'em. living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. >> a very happy fourth of july. they live look. good mmorning. fairly decent temperatures. >> still one more day of excess of heat. and of that heat you can go to the coastline. sto

chrysler revving up some profits. jeeps and more.lways valuable editor bob lutz and more on the detroit's bankruptcy. will it hurt the car-maker? that and more when we come back. hi, bob. we'll be right with you. ♪ [ male announcer ] you wait all year for summer. ♪ this summer was definitely worth the wait. ♪ summer's best event from cadillac. let summer try and pass you by. lease this all-new cadillac ats for around $299 per month or purchase for 0% apr for 60 months. come in now for the best offers of the model year. and i have a massive heart attack right in my driveway. the doctor put me on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. go talk to your doctor. you're not indestructible anymore. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you. a talking car. but i'll tell you what impresses me. a

chrysler exactly davidson caterpillar a lot of it and not us well it's a situation but we can't bail out everybody ability to have to stop period it's unfortunate that that happened but they just have to stop because we don't have the money anymore richard we're going to say. two things first we do have the money it's just a question of whether we have the political will to go after it we have the greatest inequality this country has seen in at least half a century probably more we have unspeakable wealth accumulating at one pole and the disasters of detroit at the other you know when you bail out the biggest banks and large corporations you speak what is used to be called trickle down economics you argue that it will benefit the people at the bottom while it never did but here's an alternative let's call it trickle up economics you. help the people at the bottom and you hope that the purchases they make will produce profits if you like for business but it will go from the bottom up at least that way you're democratic you're helping the majority of the people what we have done is bai

. >>> profits of chrysler revving higher. net income rose 16 percent, especially for pickups and jeeps. it is the eighth straight quarterly profit. and joining us now to talk more about the auto industry is managing director at googenheim securities. there is a drum beat that adds up to this, american cars are back. do you agree? >> i do agree. the market is back and americans are buying cars but the u.s. companies are competitive, the most in probably 40 years. i mean, back to the first oil crisis. >> and can that continue, john, because, you know, there is some talks that u.s. growth may slow a little bit -- excuse me, if the fed raises interest rates sdchlt that change the scenario? >> as it relates to the market, the average age of a car in the united states is 11 years, almost 90% of americans get to work by car. the car is a necessity. the fleet is old, needs to be replaced. i think auto sales will continue to healthy. as it relates to competitiveness of the u.s. company, through the crisis they have been getting the ac

la delincuencia golpea a repÚblica dominicana, y vamos a decirles por quÉ chrysler llama a revisiÓn aanas, arrastrando vehÍculos, decenas de viviendas sufrieron daÑos, en partes alcanzaron 22 pies de altura, las madejadas tambiÉn en la zona costera del perÚ. justo ahÍ en el perÚ, causÓ indignaciÓn un libro de textos para estudiantes de primaria, el racismo en su mÁs pura expresiÓn, promueven la disminaciÓn al hablar de la raza negra la primera que se originÓ la blanca, luego los indigenas que el agua estaba turbia, y algunos quedaron negros, el autor del libro de la editorial, dicen que el texto estÁ basado en un mito indÍgena. hace pocos dÍas que el presidente de la repÚblica dominicana dijo que la fuerza de seguridad patrullara las calles, como dice esperanza ceballos, la violencia va en aumento, golpeÓ la seguridad presidencial. >>> llora la partida de su hija, una joven sargento del ejÉrcito, era parte de la seguridad de la familia del presidente dominicano. esperamos que se esclarezca el caso. tengo fe en dios. >>> los delincuentes. que acechan a la vÍctima. ese seÑor estaba pres

and a very bad precedent was with chrysler where there was a negotiation made for the united automobile workers and they got actually more money than they were supposed to instead of detroit teachers and so there is already a bad president said that we're going to throw contract law out of the window and any bailout mechanism is just it's just preposterous because it's going to end when we have interest rates rising it just it's not sustainable unfortunately but what about the city same what about us i mean how is it possible that you're bailing out your cronies on wall street and giving you know a.g. chrysler exactly davidson caterpillar live and not us well it's a situation but we can't bail out everybody ability to have to stop period it's unfortunate that that happened but they just have to stop because we don't have the money anymore richard we're going to say. two things first we do have the money it's just a question of whether we have the political will to go after it we have the greatest inequality this country has seen in at least half a century probably more we have unspeakab

chrysler exactly davidson i could tell there are a lot of it and not us well it's a situation but we can't bail out everybody ability to have to stop period it's unfortunate that that happened but they just have to stop because we don't have the money anymore richard we're going to say. two things first we do have the money it's just a question of whether we have the political will to go after it we have the greatest inequality this country has seen in at least half a century probably more we have unspeakable wealth accumulating at one pole and the disasters of detroit at the other you know when you bail out the biggest banks and large corporations you speak what is used to be called trickle down economics you argue that it will be. and the fifth the people at the bottom well it never did but here's an alternative let's call it trickle up economics you help the people at the bottom and you hope that the purchases they make will produce profits if you like for business but it will go from the bottom up at least that way you're democratic you're helping the majority of the people what

said we're going belly up if you don't save us and chrysler pretty much the same and then the second question is when you go in and you use taxpayer money to bail everybody out how do you deal with the various parties that are part of any kind of general bailout arrangement and that will depend on who is strong when in the story you told we would going back several decades when the united auto workers was a large powerful successful union in two thousand and nine the auto workers is a former shadow of its former self much smaller much weaker when you see what the result was i just would like to clarify the example i was given where they got forty cents on the dollar was from the two thousand and nine bailout of. chrysler but i just want to get i want to shift over to another city that went into economic decline during the similar period which would be the city of pittsburgh now they were able to grow back and the had a steel industry that was defunct but they were able to remake themselves why can't i can't detroit do this. well i think that has to do with where we are now we're not

we have been looking at the chrysler numbers that just crossed.to show you how features are reacting. this is the company that owns chrysler and you can see if we bring up the board that shares are under a little pressure today, down 4% as a result. that's as the earnings hit. second quarter net profit has risen 16% to $507 million. the net income for the second quarter at that level was, you know, up 16% a year ago. he h the headline number seems to be solid. increase of 7%. the group four-year 2013 guidance has been revised. worldwide vehicle shipments 660,000 for the quarter. that's up 5%. it sees 2013 worldwide vehicle shipments of 2.6 million. this seems to be slightly down the margin from the previous numbers, which could have been up to 2.7 million. so slightly off on that. in terms of operating profit, $808 million from $755 million a year ago. that's slightly higher. in terms of what it sees as its 2013 net income and perhaps this is the line we should be focusing on, it is $1.7 billion, down to $2.2 billion, so the range seems to have wi

chrysler says it is unaware of accidents or injuries related to the problem.y vehicles worldwide because of a problem with active head restraints intended to prevent neck injuries in rear-end collisions. the carmaker said wednesday that microcontrollers in the head restraint could be faulty and prevent the system from operating properly. chrysler says it is unaware of accidents or injuries related to the problem. vehicles affected are the 2011-2013 chrysler sebring, 200 and dodge avenger midsize cars; 2011-2013 jeep liberty suvs and 2011-2012 dodge nitro suvs. chrysler is notifying customers and will replace the component or upgrade software at no cost. in an age of extra airline fees, southwest airlines announced another free perk for its passengers. starting this week, passengers with internet- ready devices can watch live t-v for free! the airline says dish network will also provide free access to up to 75 on- demand shows. southwest says the service will be available on about 75- percent of its fleet. while southwest isn't the first to offer free in- fligh

. >>> chrysler recalls half a million cars. the specific injuries drivers and passengers may be vulnerable to. next. >> and a reminder if you have a consumer problem or question, call our hotline. volunteers are there right now. we'll be right back. the rally is thanks to posi news on jobs. but while >>> the dow jones is up 107, about 3/4 of a percent. the rally probably thanks to positive news on jobs but while employers added jobs, the unemployment rate went unchanged. employers had 195,000 more jobs -- employees had 195,000 more jobs in june more than expected but unemployment stays at 7.6% because more people started looking for work. the government considers people unemployed only if they are searching for jobs. >>> chrysler is recalling half million cars and utility vehicles because of a problem with head restraints which prevent neck injuries in the event of a crash. microcontrollers in the head restraint could be faulty. the recall includes some chrysler sebrings, 200s, dodge avenger, liberty suvs and dodge nitro suvs.

. >> another recall this morning chrysler auto makers are recalling half a million vehicles. it affects the 2013 chrysler town and country and the dodge grand caravan and the ram min thee van built between may of last year are said to be impacted. >>> whether a deal get des moines on student loan rates. a -- they scheduled a voted on a bill that would restore interest rates to 3.4% for one year. that rate doubled to 6.8% on july 1st after congress couldn't reach an agreement. it must be done before students start signing off on loans. that's expected to happen in august. >>> today we can learn why ocean city streets are safer. his death and countless other accidents led to a safety campaign. crosswalks are brighter and there are new signs. tv ads are warning walkers to be safe. the city is holding an event to reveal the results of their campaign. cheswick's parents are expected to be there. >>> your thoughts and comments are number of transportation projects happening in baltimore. hartford and hour county are asking for more funding at the same time included aing a northboun

. >>> fiat is looking to own more of chrysler. fiat already owns more than half of the u.s. automaker. with the remaining stake held by a trust that pays medical bills for retired united autoworkers. meanwhile, fiat is in a hurry to fully merge the two companies so it can benefit from the booming u.s. car market. >>> while chrysler has battled back, the boating business has seen a big turn around, and if a rising tide does lift all boats an improving economy appears to be lifting boat sales. mary thompson has our report. >>> this summer it's estimated 88 million earn manies will hit the water, many of them in new boats. >> we actually are anticipating following this past year, which was up 10% with a 5% growth this year, and hopefully if the weather gets a little better, it will be higher. >> smaller boats leading to surge in sales, carl black well credits higher prices on land. >> the primary reason for increased boat sales is people's home values have come back. as home values increase, boat sales are going to increase. >> the engine of the boat industry, power boats less

gm and chrysler were on the verge of collapse.e refused to do nothing and let detroit go bankrupt. i bet on american workers and ingenuity. three years later that is paying off in a big way. >> the auto industry did make it back but detroit has not. it is pretty eerie to hear the president say that. now detroit has gone bankrupt. and the drama boston playing like a scorsese film. a mob trial, stare downs and dead witnesses. an update on the whitey bulger trial. we've had snop lion, now jay-z has a name change of sorts. we'll explain in the cooler on this friday edition of "way too early." >>> friday morning, i'm brian shactman. it's july 19th. a lot going on. tiger woods on the course has a birdie already, only two shots back at the british open. new developments also on the north korean cargo freighter detained in panama and in the cooler, a new movie out of china about a gorilla who hits a lot of home runs and plays baseball. huh. see how that one pans out. we begin with seriousnous in detroit. where after years of declines, cit

chrysler is recalling 200,000, 2013 vans because of this problem with models including the chrysler town and country and ram cargo. >> investors are checking out the big june unemployment report. there was not a higher close on stocks after weekly jobs data showed the number of people claiming benefits fell for unemployment. >> time for a look at the weather forecast, and, boy, it is about time! >> it has been seven days of 100-degree heat not east bay valley. we have been above average everywhere else or a lot above average. that is changing today. good morning to you. live doppler 7 hd showing it is quiet. this transition is not one of wet weather. but we may have drizzle at the coast tonight. right now it is the winds that are changing. the small craft advisory is back. we have america's cup, the guys will be out there on the water the next couple of days and the wins will kick up the choppy conditions from now through 8:00 this evening with a wind at 20 to 30 knots through san francisco and san pablo bay and along the coast with northwest winds around 15- to 25-knots through 2:00 tom

. >>> and chrysler is recalling more than 250,000 minivans. the dodge caravan, chrysler town and country, and ram cargo van. chrysler says a software problem is causing side air bags to deploy on the wrong side when there's a crash. the carmaker says the problem can be solved with a quick software fix. >>> and an amazing tale of survival. a dog that got trapped under the hood of a car. and the car driving through three cities in florida. with the pooch wedged between the steering mechanism and the front axle. the dog was found inside. and the rescue crews had to dismantle part of the engine to get him out. the driver felt something a little rough. >> how did he get in there? >> we're going to investigate that. we'll put brian ross on that. brian, all yours. >> the version from dan later, as well. >> he crawled up under. >> we're all happy he survived. >> going to get you an answer, dan. >> thank you, ron. >> great to have you back, ron. >>> we're going to turn to new details on a story we've been following closely this week. the terrifying ord

. >>> and chrysler is recalling more than 250,000 minivans. the models are the 2013 the dodge caravan, chrysler town and country, and ram cargo van. chrysler says a software problem is causing side air bags to deploy on the wrong side when there's a crash. the carmaker says the problem can be solved with a quick software fix. >>> and an amazing tale of survival. a dog that got trapped under the hood of a car while the car was driving through three cities in florida. with the pooch wedged between the steering wheel mechanism and the front axle. eventually the dog was discovered wedged inside beneath the hood of that car. and the rescue crews had to dismantle part of the engine to get him out. the dog was taken to the vet and now is reported to be doing fine. bianna, back to you. >>> we're going to turn to new details on a story we've been following closely this week. the terrifying ordeal of a mother and her 6-year-old daughter held against their will in brazil. the little girl went there to see her father. but now, that trip has turned into on

. >>> a >> si actualmente manejas un vehículo ford, nissan, toyota, chrysler, honda o general motorsl de su carro, entonces ponga mucha atención porque tenemos importante información para usted que podría bajarle los pagos mensuales o hasta ponerlo en un nuevo carro. para averiguar cuánto usted puede ahorrar, llame al número que aparece en pantalla, representantes altamente capacitados, trabajarán para darle las mejores opciones. opciones que incluyen desde entregar su carro por dinero o simplemente

bush made sure that seventy seven billion dollars also went to bail out chrysler and general motors those funds were by law to be used for financial companies which the two automakers obviously were not the second swindled would come under obama's watch when he forced the two companies into bankruptcy those who had lent money to chrysler in the form of bonds would face a strong armed intervention by the administration to pressed to please the united automobile workers they ended up with thirty three percent more money than other creditors who should have been paid first the point the rule of law was violated to please a constituency well the automakers home of detroit is in the news again more muni defaults will come and the question is will the rule of law prevail or will we see a repeat of the then a republic style justice that prevailed in two thousand and eight in two thousand and nine here to get dig into the facts of this precedent setting bankruptcy as perry. the motor city and just became the largest bankruptcy in america on thursday july seventeenth detroit emergency city manager

government bailed out general motors and chrysler.ut the two big companies in detroit for but it never bailed detroit. you could not have --the worst of it, part of the deal that brought together the federal government bailout, the state and the city, was to get the agreement of the united auto workers, the union, for what is called a two-tiered wage system. the old workers already in position kept getting their old wage. but all the new workers to be hired would be hired at half the old wage. instead of $28 to $29 an hour, roughly $14 to $16 an hour, which meant if the car companies could come back, detroit couldn't because the return of workers to the automobile industries would be workers paid $14 or $15 an hour, and that could see below the poverty wage in the united states. so this is an abomination in which the big corporations are bailed out and the very cities that depend on them are told to fend for themselves. >> what is the alternative to betting the pensions of workers? >> what we have now is a classic struggle. on the one

general motors bankruptcy and chrysler bankruptcy. i was on the board when we had to go through bankruptcy and the airline emerged and at that time independent and stronger and ultimately merged with delta. this is not a pleasant process. i think they deserve in facing up to this and they have provided accounting and unfortunately detroit not the only city like this and unfortunately maybe the only state. we will learn from this and it's going hob hard and difficult and painful. >> it's not the first city to file for bankruptcy. >> not at all. by far the largest. >> they have seen others. we have seen others, as you say, for example, the auto industry come out of bankruptcy and even though those aren't analogous situations and much will be learned from this, are there lessons that you have learned about how this can work, how it can be approached? do taxes have to go up? where do you even start? >> i think what is sad is that, you know, a lot of times the auto industry gets blamed. you're so reliant. that is true. michigan and detroit

. >> chrysler debe arreglar casi medio millón de vehñiculos, cabeceras que se protegen a los pasajeros, muchas personas desde estados unidos han cancelado sus viajes por las emisiones del volcán popocatepetl. >> esto luego que el volcán ha expulsado muchas emisiones, con actividad desde baja y media con alerta leve, además de tener emisiones de ceniza en la parte sur de la capital, las autoridades han dicho que la ceniza no representa un peligro de salud, pero sí darán indicaciones de cómo recogerla, por ahora no se ha dado ningún aviso de restricción en el aeropuertop. >> el aeropuerto no ha parado operaciones, sí hemos sabido de lñineas aéreas americana s que han cancelado por supuesrto tiesgo, pero no tenemos problemas. >> algunas han limitado, como american, delta. >> en las últimas 24 horas el volcán ha registrado 99 exhalaciones, así como tremor, fen'ñomenos que mantienen alerta a la población. >> el secreto para lucir joven podría estarizona en la cama, le explicamos a la vuelta. @x >> cualquier programa que le promete bajar de peso rápidamente, también lo hará ganar peso. >> lo

chrysler has the number one pick up. chrysler aswin for they try to elevate the image of their truck brand. did gain yesterday thanks to stronger than expected profits from citigroup. idea to keep good working instead of retiring. delaying retirement can help prevent the onset of dementia. the study involved more than 400,000 people. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> now weather and traffic on the 1's. >> the heat is on again today. we're shooting for 95 or 96 today. temperatures right now are around 80. generally dry. he index between 100 and 108 -- heat index. 92 in chicago. some thunderstorms along the gulf coast. high temperatures in the 80's in dallas. >> good morning. there is one accident on the harrisburg expressway. just prior to the beltway and the southbound direction. watch for delays down towards towson. we have an accident and a downed pole on the west side of the city. this is 83 prior to the beltway. no sign of delays. 65 on southbound 95. this is a liv

>> you mentioned chrysler. we heard going into chrysler no one will ever buy from chrysler again.ndous products now. we hear that every time. it is hyperbole, have to be careful with it. the thing we are dealing with is the exigency and realities on the ground. $18 billion in debt and no way we can pay it, not in the years, not in 50 years. jeff: there is outrage in some quarters, you suspending democracy, as people should have been more outrage what was going on in detroit for 50 or 60 years. to do you lay the blame on? you know as much about this as anybody. municipal unions? >> i have stayed away from the blame game because there are enough books and treatises on all that. i am looking to try to restore city services. this city is going to thrive downtown to midtown to north end. all i am dealing with is however we got here and there's a lot of blame to go around. however we got here let's deal with it now so we won't be here again and we can restore services to citizens of the city so the city contrive. >> lastly the business investment, so important to see. >> we have great f

and first, chrysler is announcing a recall. >> yes.he side air bags can deploy on the wrong side of a crash. these are the models affected. the company says they're supposed to deploy on the side of the vehicle involved but a software glitch is causing them to deply ploi on the opposite side of the vehicle there has been a minor injury related to the defect. >> lelts lets talk about consumer questions what are those mustache cars i see? >> yes. they're from left there is a guy that are skirting around taxi laws. in different locations down in l.a. and around the country. you go online and order up one and it's a private person in the cab, in the car coming up to pick you up and take you where you want to go. both apps will figure ourt how much donation should be. >> really? >> yes because plug it in, then, the guy calls back. >> wow, interesting. >> huey te mailed i received a prescription savings card is this a scam? >> without taking a look i can't tell you about your card but i can tell there are scam ones out there but there are le