NATION

NATION

Chrysler recalls Sebrings, Avengers to fix glitches

WASHINGTON — Chrysler LLC is recalling 212,347 Chrysler Sebring and Dodge Avenger passenger cars worldwide to fix an electrical problem that could lead to engine stalling and other issues.

The National Highway Traffic Safety Administration said in a posting on its Web site the recall involves 2007-08 Sebring and Avenger vehicles with standard tire pressure monitoring systems. The recall is expected to begin in mid-April.

Alcoa reports profits from 1st quarter sank

PITTSBURGH — Alcoa Inc. unofficially opened the first-quarter earnings season by reporting profits sank by more than half as higher costs and a swooning U.S. dollar weighed down results, but executives said the company’s future is bright.

Alcoa, the world’s third-largest aluminum producer, said Monday it earned $303 million, or 37 cents per share, for the first three months of the year, compared with $662 million, or 75 cents per share, during the same period last year.

Associated Press