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Ford released it's first quarter report with record pre-tax profits of $2.4 billion in North America.

"Ford has a product portfolio that's clicking on all cylinders, pun intended," said Daniel Howes.

Howes is the Detroit News business columnist and spoke with Michigan Radio's Cynthia Canty about Ford's future.

The U.S. Treasury is following through on its announcement late last year that it will sell its remaining stake in General Motors in an "orderly" fashion, within 12 to 15 months.

The U.S. Treasury held a 22 percent stake in GM on December 19, 2012.

Since January, the agency has sold 58,392,078 shares of GM stock at an average price of $28.04 each, reducing its GM ownership to 18 percent.

If the Treasury continues the sell-off at that same pace, it will sell its last remaining stock by early April 2014.

U.S. traffic safety regulators have proposed voluntary measures to keep drivers from being distracted by in-car touchscreens.

In a study, the National Highway Traffic Safety Administration found that the tasks associated with hand-held phones and other portable devices increased the risk of getting into a crash by three times.

Regulators fear in-car devices could lead to distracted driving as well.

The government's voluntary guidelines establish recommended criteria for electronic devices installed in vehicles at the time they are built.

The guidelines seek to limit the time a driver must take her eyes off the road to manipulate a device to two seconds at a time - and twelve seconds total to complete the task.

The voluntary guidelines also recommend turning off several operations while the vehicle is in motion:

• Manual text entry for the purposes of text messaging and internet browsing;
• Video-based entertainment and communications like video phoning or video conferencing;
• Display of certain types of text, including text messages, web pages, social media content.

In a press release, U.S. Department of Transportation Secretary Ray LaHood said:

"Distracted driving is a deadly epidemic that has devastating consequences on our nation's roadways," said Secretary LaHood. "These guidelines recognize that today's drivers appreciate technology, while providing automakers with a way to balance the innovation consumers want with the safety we all need. Combined with good laws, good enforcement and good education, these guidelines can save lives."

A spokeswoman for the Alliance of Automobile Manufacturers told the Associated Press they're concerned regulations on in-car devices would encourage more use of mobile devices while driving.

The National Safety Council put out a report on "understanding the distracted brain" in which they write "Multitasking is a myth."

Human brains do not perform two tasks at the same time. Instead, the brain handles tasks sequentially, switching between one task and another. Brains can juggle tasks very rapidly, which leads us to erroneously
believe we are doing two tasks at the same time. In reality, the brain is switching attention between tasks – performing only one task at a time.

Here's one example of a distracted brain:

There are regular-old recalls, and then there are big recalls.

This recall fits in the big recall category.

Reuters reports four Japanese automakers are recalling 3.4 million vehicles sold around the world because of faulty airbags supplied by the Takata Corp.

The move announced on Thursday is the largest recall ever for airbags made by Takata, the world's second largest supplier of airbags and seatbelts. Shares of Takata tumbled almost 10 percent in Tokyo trading.

The recall is the largest since Toyota pulled back more than 7 million vehicles in October. The scale of the recent safety actions underscore the risk of huge global supply chain problems as automakers increasingly rely on a handful of suppliers for common or similar parts to cut costs, analysts have said.

Here's the problem with the airbags according to Toyota:

The involved vehicles are equipped with front passenger airbag inflators which could have been assembled with improperly manufactured propellant wafers.  Improperly manufactured propellant wafers could cause the inflator to rupture and the front passenger airbag to deploy abnormally in the event of a crash.

The recall affects Toyotas, Hondas, Nissans, and Mazdas manufactured in or after 2000.

Go to these links to find out if your vehicle is under recall:

Honda recalls

Toyota recalls

Nissan recalls

Mazda recalls

It has been one of the best selling cars of all time.

Since its inception in 1958, GM has sold more than 14 million Impalas (putting it in tenth place on 'best selling cars of all-time' lists).

It looked like this back then:

Today, the tenth version of the Impala is being made at GM's Detroit-Hamtramck Assembly plant, and at the Oshawa Assembly plant in Canada.

Here's a photo of the new Impala rolling down the Oshawa assembly line:

Two of the plants are in Michigan (Flint and Bay City), one in Toledo, and one in Bedford, Indiana.

The auto industry is working on squeezing more miles to the gallon out of the internal combustion engine, and that's what these investments are about.

The $332 million will go toward upgrading manufacturing plants to produce six and eight speed transmissions, small "Ecotech" engines, and a new V-6 engine.

GM recently announced that it will redesign, refresh or replace nearly 90 percent of its vehicles in the North American market between now and 2016.

In addition to the investments in Flint, Bay City, Toledo, and Bedford, IN, GM says it's also upping previously announced powertrain investments by $46 million. Plants in Romulus and Saginaw will see that investment.

From Ford's press release:

Since 2009, GM has announced nearly $1.8 billion of investments for the six Powertrain facilities.

“We are investing in technologies and manufacturing capabilities that produce high-quality, fuel-efficient vehicles and components for our customers,” said Diana Tremblay, vice president of GM North American Manufacturing.  “Today’s announcement demonstrates GM’s commitment to growing the business and strengthening the plant communities where we receive so much support.”

GM says its investments won't lead to new jobs, but will retain 1,650 jobs at the facilities.

The plant in Flint will see the biggest investment. $215 million will be invested in the Flint Engine Operations plant for the 3 and 4 cylinder Ecotec gasoline engines.

Nathan Boomey of the Detroit Free Press reports Flint welcomes the news:

The investment marks a dose of good news for the Flint community after GM recently announced plans to shut down its Grand Blanc Weld Tool Center, displacing 343 employees...

“The investment we’re making is to obviously put in the required capacity or adjustment to the capacity to create more fuel-efficient products for our customers,” Jones said.

Boomey reports GM declined to reveal when the investments will occur, or what cars will receive the new engines and transmissions.

In their release, GM said the new "8-speed [transmissions] will be used in numerous GM vehicles by the end of 2016."