U.S. airlines collected more than $6 billion in baggage and reservation-change fees from passengers last year — the highest amount since the fees became common five years ago.
These fees, along with charges for boarding early or picking prime seats, have helped return the industry to profitability.
Airlines typically charge $25 each way for the first checked bag, $35 for the second bag and then various extra amounts for overweight or oversize bags.
Nissan Motor Co. plans to supply compact cargo vans to General Motors Co. for sale as a Chevrolet vehicle in the U.S. and Canada. GM will source vehicles based on Nissan’s NV200 light truck, with sales to begin next year, the companies said Tuesday.
Pricing and details of the GM version, to be sold as the Chevrolet City Express, will be announced later, they said.
• U.S. auto safety regulators are investigating 54 complaints that the engines can stall without warning in three Chrysler and Dodge cars. The inquiry covers more than 192,000 Chrysler 300C luxury cars, Dodge Charger muscle cars and Dodge Magnum wagons from the 2006 model year. Investigators will check how often the problem happens and determine whether a recall is needed.
• U.S. auto safety officials are investigating complaints that doors won’t close properly on more than 39,000 cars made by Mazda. The inquiry affects Mazda 6 cars from the 2009 model year. The National Highway Traffic Safety Administration said it has received four complaints that the doors wouldn’t latch.
Mutual funds continued to attract cash in April, although the pace slowed from the record amount that flowed in the first three months of the year.
Investors also became more cautious as bond funds attracted slightly more money than stock funds.
A net $39 billion was deposited into stock funds and bond funds during April, industry consultant Strategic Insight said Tuesday.
A planned Windows 8 update to address complaints and confusion with Microsoft’s new operating system will be made available free this year, the company said Tuesday. The update will be known as Windows 8.1.
| Star news services