Web Exclusive: Chrysler issues its own recall over faulty ignition switches

Web Exclusive: Chrysler issues its own recall over faulty ignition switches

(CBS/CNN) - Important news for anyone who drives a Chrysler.  The automaker is recalling nearly 700,000 vehicles due to an  ignition switch problem.  It's similar to the one that forced General Motors to recall 2.6 million vehicles worldwide.  The recall affects more than half a million vehicles in the U.S.  It includes some Dodge Journey SUVs, Dodge Grand Caravans and Chrysler Town and Country minivans made from 2007 to 2009.
The company says jarring road conditions, such as hitting a pothole, may cause the vehicle's key to slip out of the "run" position. Chrysler says it does not know about any injuries related to the recall issue.

Parents and students, get ready to pay more for new college loans.  Interest rates go up today.  Undergraduate stafford loans jump from 3-point-86 percent to 4.66%.  Graduate loans are now just over 6 percent.  Experts say more increases could be on the way.

Gas prices for the Fourth of July travel are the most expensive in six years.  According to triple a, prices are coming down, but they're still about 20 cents higher than last year. In East Texas, gas prices are about $3.42 a gallon for unleaded.  Triple-A predicts most people won't change their travel plans, but they might cut back on other things while on vacation -- like shopping, restaurants and entertainment.

Good news if you're vacationing in Europe this summer.  The European union is cutting the surcharges for surfing the internet on mobile devices, in half.
The roaming charges for phone calls and texts also drops 25%, starting today.  


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