Member access

4-Traders Homepage  >  Shares  >  Italian Stock Exchange  >  Fiat SpA    FIA   IT0001976403

FIAT SPA (FIA)

106
End-of-day quote. End-of-day quote Italian Stock Exchange - 10/13
7.025 EUR   +1.22%
11:35aDJFiat Reached Out to Rivals About Consolidation
11:29aDJSERGIO MARCHION : Fiat Chrysler Chairman Says Proposed Consolidation..
05/28 Congress sets hearing on Takata, automakers expand recalls
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Fiat SpA : Chrysler recalls 127,350 Dodge Chargers, Chrysler 300s

05/07/2012 | 04:45pm US/Eastern

(Reuters) - Chrysler Group is recalling some 127,350 current model Dodge Charger and Chrysler 300 vehicles in the United States and Canada due to potential problems in electrical stability control and anti-lock braking systems, the company and U.S. safety regulators said.

Chrysler, majority-owned by Fiat SpA, said it was not aware of any crashes, injuries or fires due to the issue.

The recall affects cars from the 2011-2012 model years and produced through December 20, 2011, according to a company filing with the U.S. National Highway Traffic Safety Administration.

A fuse in the power distribution center in the vehicles may overheat and cause loss of control, increasing the risk of a crash, the filing said.

Chrysler will fix the issue without charge. Recall notices will go out this month.

The problem first surfaced in testing of a vehicle used as a police car in Michigan, and Chrysler then checked for the same issue with consumer-driven cars, the filing said.

The maker of the affected system is Yazaki North America based in Canton, Michigan, near Detroit, Chrysler said. Earlier, the company had erroneously told federal regulators the supplier was Global Automotive Systems, which is part of Dura Automotive Systems.

The recall affects an estimated 119,072 cars in the United States and 8,274 in Canada.

(This version of the story has been corrected after the company clarified the name of supplier to Yazaki North America, next-to-last paragraph)

(Reporting by Bernie Woodall; Editing by Maureen Bavdek)

React to this article
Latest news on FIAT SPA
01:25p FIAT CHRYSLER AUTOMOBILES NV : ++ Not just mailed GM says Elkann ++
11:35aDJFiat Reached Out to Rivals About Consolidation
11:29aDJSERGIO MARCHIONNE : Fiat Chrysler Chairman Says Proposed Consolidation Talks wit..
05/28 Congress sets hearing on Takata, automakers expand recalls
05/28 U.S. Congress sets hearing on Takata, automakers expand recalls
05/28 Takata air bag recalls since 2008
05/28 Fiat Chrysler CEO predicts another industry merger 'by 2018'
05/28 FIAT CHRYSLER AUTOMOBILES NV : Marchionne plays down reports of GM merger propos..
05/28 FIAT CHRYSLER AUTOMOBILES NV : Marchionne 'certain' of auto industry merger by 2..
05/28 FIAT CHRYSLER AUTOMOBILES NV : Marchionne denies auto workers' union smacks of r..
Advertisement
Chart
Duration : Period :
Fiat SpA Technical Analysis Chart | FIA | IT0001976403 | 4-Traders
Income Statement Evolution
More Financials