U.S. automaker Chrysler Group LLC said it had changed its name to FCA US LLC effective immediately to follow the naming convention of its parent Fiat Chrysler Automobiles (FCA), reported Reuters. Italian automaker Fiat SpA took management control of Chrysler in 2009 after the American company emerged from government-sponsored bankruptcy. Earlier this year Fiat completed ... Read More »
Chrysler Group is expanding its U.S. recall of older-model vehicles with Takata Corp passenger-side air bags, adding a second inflator design to the recall and more affected regions, reported Reuters. Chrysler, a unit of Fiat Chrysler Automobiles, said in a statement late Thursday that it was recalling 208,783 vehicles by adding the second inflator family ... Read More »
U.S. government safety regulators on Thursday told Chrysler Group LLC Chief Executive Sergio Marchionne that the company “have to get their act in gear” to speed up repairs of recalled Jeep SUVs that face a heightened fire risk, reported Reuters. David Friedman, deputy director of the National Highway Traffic Safety Administration, was asked by reporters ... Read More »
The U.S. auto safety regulator has told Japanese supplier Takata Corp and five automakers to expand nationwide a regional recall of potentially lethal air bags, increasing pressure on the industry to move faster in a growing scandal, reported Reuters. The National Highway Traffic Safety Administration (NHTSA) also scolded Takata for what it called “an unwillingness ... Read More »
Representatives of Takata Corp, Chrysler Group Llc, Honda Motor Co Ltd and the National Highway Traffic Safety Administration will testify before the U.S. Senate Commerce Committee on Thursday to answer questions about the dangers posed by air bags supplied by Takata, reported Reuters. The final witness list, provided by a Senate aide, includes Hiroshi Shimizu, ... Read More »
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 »
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 »
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 »
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 »
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 »
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