Showing posts with label jeep recall. Show all posts
Showing posts with label jeep recall. Show all posts

Fiat Chrysler recalls safety regulations

Fiat Chrysler recalls nearly two dozen safety regulations for the legal issues in an expensive part of the agreement with the United States as the largest such action by customers to solve return to more than gather to buy up to 500,000 Ram trucks and other vehicles.

Producers of Italian-American automaker also before civil penalties of up to 105 million US dollars a record. Also on the back mounted prone gas cylinder to supply with more than one million owners of older Jeeps by their trade or repair of vehicles Chrysler able.

To notify regulators errors or defects a withdrawal settlement of vehicle safety right, the company has a more aggressive attitude towards the ultimate character.

Ram trucks, which is the company's best-selling car, the driver can lose control of the steering, it is defective. Fiat Chrysler is committed to buying back some earlier repairs, according to the National Highway Traffic Safety Administration, was not successful. The owners have the chance to get their repair, the agency said on Sunday released in documents.

A rear impact, to protect their little older Jeeps, the fuel tank behind the rear axle. They are in flames, causing breakage and can not spill any fuel. Fiat Chrysler vehicles are as safe as comparable to the same period of the interview, although at least 75 people died in fires by accident.

Both the Jeep and Ram measures are part of a larger settlement between the government and the automaker over allegations of misconduct in 23 recalls covering more than 11 million vehicles. Besides the civil penalty, which was reported Saturday by The Associated Press, Fiat Chrysler agreed to an independent recall monitor and strict federal oversight. It's another step in NHTSA's effort to right itself after being criticized for lapses in some highly-publicized safety recalls.

"Today's action holds Fiat Chrysler accountable for its past failures, pushes them to get unsafe vehicles repaired or off the roads and takes concrete steps to keep Americans safer going forward," Transportation Secretary Anthony Foxx said in the statement.

In a separate statement, Fiat Chrysler said it accepted the consequences of the agreement "with renewed resolve to improve our handling of recalls and re-establish the trust our customers place in us."

NHTSA has been involved in vehicle buybacks in the past, but never one of this size. A buyback usually happens when a problem is so serious that it can't be fixed and the vehicles need to be removed from service.

Under the agreement, Fiat Chrysler has to buy back the Ram trucks for the purchase price, minus depreciation.

It's unclear just how many Rams the automaker will have to repurchase, but the cash outlay could be substantial. According to Kelly Blue Book, a 2010 Dodge Ram 1500 -- one of the smaller, less-expensive trucks involved in the recalls -- could fetch $20,000 in a dealer trade-in, assuming the truck has 60,000 miles on it and is in "good" condition. At that rate, if Chrysler had to buy back even a quarter of the trucks at issue, it could spend $2.5 billion.

Fiat Chrysler said more than 60 percent of the trucks already have been fixed, and the company is allowed to repair and resell the trucks it buys back.
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