BUSINESS
January 24, 2012 | By Jerry Hirsch, Los Angeles Times
Kia Motors America will recall almost 150,000 older Optima sedans and Rondo crossover vehicles because of a defect that could prevent the driver's side air bag from deploying in a collision, the company said. The South Korean automaker said the recall covers 2006 to 2008 Optimas and Rondos from the 2007 and 2008 model years. The company no longer sells the Rondo. The National Highway Traffic Safety Administration said the clock-spring assembly used in the air-bag system can become damaged over time and prevent the air bag from deploying.
BUSINESS
January 23, 2012 | By Jerry Hirsch
Kia will recall almost 150,000 older Optima sedans and Rondo crossover utility vehicles because of a defect that could prevent the driver's side airbag from deploying in a collision, the company said. The South Korean automaker said the recall includes 2006-2008 Optimas and Rondos from the 2007-2008 model years. The company no longer sells the Rondo. The National Highway Traffic Safety Administration said that the clock-spring assembly used in the airbag system can become damaged over time and prevent the airbag from deploying. The problem triggers the airbag warning light to go on in an affected vehicle, according to Kia. Drivers of cars that don't have the warning light illuminated have a functioning airbag, according to the automaker.
BUSINESS
May 1, 2009 | Tiffany Hsu
Chrysler dealers have been through the wringer before, and although Chrysler's bankruptcy on Thursday has many worried about a sales slide, most are staying optimistic. "This is completely uncharted territory, and there are still so many unknowns," said John Sackrison, executive director of the Orange County Automobile Dealers Assn. "Bankruptcy is not the preferred option, but each day we're learning a little bit more, and the dealers will come out stronger on the other side of this."
CALIFORNIA | LOCAL
December 5, 2008 | Robert J. Lopez and Rich Connell, Lopez and Connell are Times staff writers.
The only surviving crewman aboard a Metrolink train that slammed into a freight train in Chatsworth in September has told investigators that a track-side warning light just south of the crash site was green, his attorneys said Thursday. Conductor Robert Heldenbrand told investigators that he saw the green signal from the depot just before the train pulled out of the station, said San Dimas attorney John Gilbert.
NEWS
August 25, 2008 | Dan Ariely, Dan Ariely is a professor of behavioral economics at Duke University and the author of "Predictably Irrational: The Hidden Forces That Shape Our Decisions."
We have a market paradox on our hands. Consumer confidence is close to a 40-year low, suggesting that the economy is in worse shape now than in times that seemed far darker, such as the early 1980s, when both inflation and unemployment crept into double digits. Yet many of the current economic indicators, including inflation and unemployment, are rather positive -- or at least not as negative as consumer sentiment implies. So why are consumers, myself included, so gloomy? I suspect that one answer lies in a psychological condition caused by prolonged exposure to unpredictable negative events called "learned helplessness."
CALIFORNIA | LOCAL
March 26, 2008 | Francisco Vara-Orta
A Qantas Airways jumbo jet bound for Sydney, Australia, experienced a last-minute, delay Monday night at Los Angeles International Airport when the pilot braked so sharply that four tires went flat. The Boeing 747-400 was on the runway when a warning light came on in the cockpit about 11 p.m., said Tom Winfrey, a spokesman for LAX. The pilot then hit the brakes. Four tires deflated, Winfrey said. No injuries were reported. The flight was rescheduled to depart on Tuesday afternoon.