Fiat Chrysler May Be Forced To Buy Back Thousands Of Defective Pickups, Jeeps Over Mishandled Recalls
Fiat Chrysler could be required to lay out hundreds of millions of dollars to get potentially defective Ram pickups and older Jeeps off the road under a deal with safety regulators to settle claims that the automaker mishandled nearly two dozen recalls.
Two hackers were able to take remote control of a Jeep as a journalist drove at 70 mph on a St. Louis road, and Chrysler has quietly issued a software patch to fix the security flaw.
The problem of exploding air bags could be widening beyond Japanese manufacturer Takata Corp.
Chrysler is bowing to demands from U.S. safety regulators, and will add about 179,000 vehicles to a recall list for air bags that could explode with too much force.
Chrysler sales rise 20 percent. GM sales up 6 percent. Ford sales drop 2 percent.
The federal government is demanding that the auto industry recall millions of additional cars equipped with faulty air bags that can injure — and even kill — a driver.
Chrysler posts $611 million in third quarter earnings, expects to make around $2.5 billion for full year.
Chrysler sales rise 22 percent. Best October since 2001. GM sales were flat. Ford sales dropped 2 percent, on tight pickup inventories.
Chrysler is recalling more than 566,000 SUVs and trucks because malfunctioning fuel heaters can cause fires, or a software glitch can disable the electronic stability control.
Toyota tops Consumer Reports 2015 reliability index, released today, but electronic glitches in the onboard infotainment systems continue to plague new cars.