Auto Recalls Hit Chevy And Jeep

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Another round of car recalls is likely, in what has quickly become a year of recalls. The National Highway Traffic Safety Administration has reported fires in engine of the General Motors’ (NYSE: GM) 2011 Chevy Cruz and Chrysler’s 2010 Jeep Wrangler.

The announcement came a day after Honda (NYSE: HMC) said it would have to recall 554,000 vehicles to fix possible problems in their headlight wiring. These include certain CR-V compact SUVs from the 2002 through 2004 model years and Pilot large SUVs from 2003. The company said if the low beams of these vehicles stop working, it could cause crashes


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