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Chrysler relents, to recall 2.7 million Jeeps over fuel tanks

June 18, 2013 17:31
By Bernie Woodall DETROIT (Reuters) - Chrysler Group LLC said it would recall 2.7 million older Jeep models after initially fighting a recall request from U.S. regulators in a dispute over crash protection for their fuel tanks. The recall will affect Jeep Grand Cherokee SUVs from model years 1993 to 2004 and Jeep Liberty SUVs from 2002 to 2007.

Chrysler expected to formally refuse government's request to recall older Jeeps for fire risk

The Canadian PressJune 18, 2013 01:01
DETROIT - In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in rear-end collisions. The government says 51 people have suffered fiery deaths in Jeep Grand Cherokees and Libertys that were hit from behind. Regulators claim that the position of the gas tank, behind the rear axle, makes the Jeeps more susceptible to a fiery crash than similar models.

Chrysler expected to formally refuse government's request to recall older Jeeps for fire risk

The Canadian PressJune 18, 2013 01:01
DETROIT - In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in rear-end collisions. The government says 51 people have suffered fiery deaths in Jeep Grand Cherokees and Libertys that were hit from behind. Regulators claim that the position of the gas tank, behind the rear axle, makes the Jeeps more susceptible to a fiery crash than similar models.

Chrysler sets terms of $3 billion loan refinancing

June 12, 2013 15:43
By Natalie Wright and Caleb Frazier NEW YORK (Reuters) - Chrysler Group LLC <UAWREC.UL> set terms on a loan refinancing that will clear the way for Italy's Fiat <FIA.MI> to buy the rest of the U.S. carmaker that it does not already own.

Chrysler refuses US safety agency's request to recall about 2.7 million SUVs

The Canadian PressJune 5, 2013 15:36
DETROIT - A defiant Chrysler is refusing to recall about 2.7 million Jeeps the government says are at risk of a fuel tank fire in a rear-end collision. The National Highway Traffic Safety Administration sent Chrysler a letter asking that the company voluntarily recall Jeep Grand Cherokees from 1993 through 2004 and Jeep Libertys from 2002 through 2007. Chrysler Group LLC, which is majority owned by Italy's Fiat SpA, said in a statement Tuesday that the Jeeps are safe and it "does not intend to recall the vehicles."

Who repaid U.S. loan first? Chrysler, Tesla don't see eye to eye

May 24, 2013 04:34
By Deepa Seetharaman DETROIT (Reuters) - Chrysler Group LLC and Tesla Motors Inc <TSLA.O>, both led by media-savvy executives, are trading public jabs over the definition of payback. Tesla wired $452 million on Wednesday to repay the remaining portion of its U.S. Department of Energy loan with interest. The company described itself as "the only American car company to have fully repaid the government. Chrysler's snappy rejoinder came four hours later: "Not exactly, Tesla."

Chrysler recalls 469,000 SUVs worldwide over gearshift problem

May 11, 2013 16:00
(Reuters) - Chrysler Group LLC is recalling about 469,000 SUVs worldwide to update software after some vehicles' circuit boards were found to be transmitting signals that trigger inadvertent gear shifts to neutral, the No. 3 U.S. automaker said Saturday. Included are 2006- to 2010-model-year Jeep Commanders and 2005 to 2010 Jeep Grand Cherokees, of which about 295,000 are in the United States, 28,500 are in Canada and 4,200 are in Mexico. The remaining 141,000 are outside of North America.

Chrysler profit falls 65 per cent on lower shipments and launch costs of key vehicles

The Canadian PressApril 29, 2013 09:30
DETROIT - Chrysler says its first-quarter net profit fell 65 per cent as it shipped fewer older vehicles in preparation for several key product launches. The company earned $166 million in the January-March quarter, compared with $473 million a year ago. Revenue fell 6 per cent to $15.4 billion. Chrysler says vehicle shipments fell 6 per cent to 574,000. That's mainly because it ended production of the Jeep Liberty midsize SUV last year. Chrysler is preparing a Toledo, Ohio, factory to make the Jeep Cherokee, which will replace the Liberty later this year.

Chrysler posts best February U.S. sales in five years

March 1, 2013 09:30
DETROIT, March 1 (Reuters) - Chrysler Group LLC said Friday its U.S. sales of 139,015 in February rose 4 percent from 133,521 a year before and were its best February sales in five years. The sales tally barely missed the consensus estimate of 140,159 from analysts surveyed by Thomson Reuters. The automaker, majority owned by Fiat SpA, said sales of the Dodge, Ram Truck and Fiat brands posted year-to-year increases, while the Chrysler and Jeep brands saw declines from a year before.

Chrysler recalls 4,278 Viper sports cars on airbag issue

February 15, 2013 09:45
DETROIT, Feb 15 (Reuters) - Chrysler Group LLC said on Friday it is recalling 4,278 Dodge Viper sports cars globally to fix a part that could cause the airbags to inadvertently deploy, expanding a recall from last fall. The U.S. automaker, controlled by Fiat SpA, is recalling 3,660 of the Vipers in the United States from model years 2003 and 2004 to address a potential for the front airbags or seat belt pretensioners to mistakenly deploy. Also affected are 440 cars in Canada, 10 in Mexico and 168 in the rest of the world.
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