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Chrysler Group LLC will start repairs on about 371,000 vehicles equipped with potentially defective Takata Corp. air bag inflators in December, nearly six months after it said it would comply with a request by U.S. safety regulators to make fixes, reported The WSJ. The company, in a letter to the National Highway Safety Traffic Administration ... Read More »
Read More →DETROIT – Chrysler Group LLC’s net profits rose 32 percent to $611 million in the third quarter, the Auburn Hills company announced Wednesday, reported MLive. That comes on top line growth of 18 percent to $20.7 billion for net revenues. The revenue growth was driven by higher vehicle shipments, in particular the all-new Jeep Cherokee ... Read More »
Read More →Chrysler Group on Thursday announced two global recalls of more than 900,000 cars and SUVs combined for problems that could cause fires, reported Reuters. Chrysler, a unit of Fiat Chrysler Automobiles, is recalling about 470,000 cars and SUVs globally from model years 2011 through 2014 and equipped with a 3.6 liter engine and a 160 ... Read More »
Read More →DETROIT, MI – Chrysler Group LLC announced Tuesday it is recalling 184,215 SUVs, including 126,772 in the U.S., to replace a part in the vehicles’ airbag systems, reported Michigan Live. The occupant restraint control modules in certain model-year 2014 Dodge Durango and Jeep Grand Cherokee SUVs could have an electrical short-circuit, causing air bag warning ... Read More »
Read More →Sergio Marchionne, CEO of Fiat SpA and Chrysler Group LLC, plans to step down at the end of 2018 after completing a five-year turnaround plan for the new Fiat Chrysler Automobiles NV, reported The Detroit News. Marchionne, 62, told Bloomberg Businessweek that he will “undoubtedly do something else” after the plan, outlined earlier this year, ... Read More »
Read More →Chrysler Group LLC on Wednesday reported its third straight month of double-digit gains in the U.S. market, selling 19 percent more vehicles in September than a year ago, an indication that industry strength continued as summer waned, reported Reuters. A Reuters survey of nine industry analysts showed expectations of a 10 percent rise to about ... Read More »
Read More →Chrysler Group LLC, a unit of Fiat SpA, said it will recall about 350,000 vehicles from the 2008 model year because of a condition that may cause the ignition key to get stuck or inadvertently move, reported Reuters. In some cases, the ignition switch could upon startup not stop at the “on” position and instead ... Read More »
Read More →Chrysler Group LLC said on Monday its head of U.S. sales, Reid Bigland, has been appointed to lead the Alfa Romeo brand for North America, as it prepares for a relaunch aimed at reaching sales of 150,000 in four years, reported Reuters. Bigland, 47, joined Chrysler in 2006 as the head of its Canadian operations, ... Read More »
Read More →Chrysler Group LLC on Tuesday announced the establishment of a new office called “vehicle safety and regulatory compliance” led by a veteran company senior vice president, Scott Kunselman, reported Reuters. The move comes as U.S. automakers are under increased scrutiny over safety issues, and after Chrysler’s cross-town rival, General Motors Co, established a similar office ... Read More »
Read More →Chrysler Group LLC will recall about 29,500 Fiat 500L compact cars because knee air bags may not work properly if a driver is not wearing a seat belt, the company said on Wednesday, reported Reuters. Testing by Chrysler and the National Highway Traffic Safety Administration showed that the driver’s knee air bag may not deploy ... Read More »
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