Suspension issues for Hyundai Sonata Manufacturing growth slows U.S. construction climbs 1.2 percent
DETROIT (AP) -- U.S. safety regulators are investigating complaints that the rear suspension frames can rust and fail on Hyundai Sonata midsize cars.
The probe affects about 393,000 cars from the 2006 through 2008 model years.
The National Highway Traffic Safety Administration says it has received six complaints of suspension failures, with three happening at highway speeds, according to documents posted on its website on Friday. The investigation was opened on March 25.
The agency says rust in the frame can cause control arm failures. A car's wheel hubs are attached to the control arms.
No crashes or injuries were reported but two of the failures activated the cars' electronic stability control systems.
WASHINGTON (AP) -- A survey shows U.S. manufacturing activity expanded more slowly in March than February, held back by weaker growth in production and new orders. But factories hired at the fastest pace in nine months, an encouraging sign ahead of Friday's report on March employment.
The Institute for Supply Management said Monday that its index of factory activity slipped to 51.3 percent. The index fell from 54.2 percent in February, which was the fastest growth since June 2011.
A reading above 50 indicates expansion. The index has signaled growth for four straight months. But the drop in March growth was bigger than economists expected.
WASHINGTON (AP) -- Spending on U.S. construction projects rebounded in February, helped by a surge in home construction, which rose to the highest level in more than four years.
Construction spending rose 1.2 percent overall in February compared to January, the Commerce Department reported Monday. It was 7.9 percent higher than a year ago.