Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/07/2012 | 10:45pm CEST

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)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FIAT SPA
08/23 INVESTOR NOTICE : Khang & Khang LLP Announces Securities Class Action Lawsuit ag..
08/23 FIAT CHRYSLER AUTOMOBILES NV : Bronstein, Gewirtz & Grossman, LLC Reminds Invest..
08/23 Lundin Law PC Announces Securities Class Action Lawsuit against Fiat Chrysler..
08/23 FIAT CHRYSLER AUTOMOBILES NV : Lundin Law PC Announces Securities Class Action L..
08/22 FIAT CHRYSLER AUTOMOBILES NV : Khang & Khang LLP Announces Securities Class Acti..
08/20 EXOR says Dutch base makes it easier to invest, raise funds
08/20 FIAT CHRYSLER AUTOMOBILES : Donald Trump right on Fiat layoffs, but wrong on Mex..
08/19 FIAT CHRYSLER AUTOMOBILES : Recalls 9-Speed Automatic Transmission
08/19 LAWSUIT FOR INVESTORS IN SHARES OF F : FCAU) Filed
08/19 MAHINDRA & MAHINDRA : Jeep gears up for india
More news
Sector news : Automobiles & Multi Utility Vehicles
04:50p EXCLUSIVE : Volkswagen reaches deal to compensate U.S. dealers - source
01:48pDJDAIMLER : Mercedes-Benz to Start Voluntary Layoffs in Brazil
10:15aDJSelf-Driving Taxis Hit the Road in Singapore
05:25aDJHyundai Motor Ends Strikes With Tentative Union Deal
08/24 RENAULT : France denies it omitted elements in Renault emissions report
More sector news : Automobiles & Multi Utility Vehicles
Advertisement
Financials (€)
Sales 2016 112 838 M
EBIT 2016 5 392 M
Net income 2016 1 996 M
Debt 2016 6 962 M
Yield 2016 0,26%
P/E ratio 2016 4,33
P/E ratio 2017 3,61
EV / Sales 2016 0,13x
EV / Sales 2017 0,12x
Capitalization 7 896 M
More Financials
Chart FIAT SPA
Duration : Period :
Fiat SpA Technical Analysis Chart | FIA | IT0001976403 | 4-Traders
Full-screen chart
Income Statement Evolution
More Financials
Consensus 
Mean consensus HOLD
Number of Analysts 28
Average target price 7,76 €
Spread / Average Target 26%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Sergio Marchionne Chief Executive Officer & Executive Director
John Jacob Philip Elkann Chairman
Richard Keith Palmer Chief Financial Officer, COO-Systems & Casting
Harald J. Wester Chief Technology Officer
Andrea Agnelli Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FIAT SPA18.17%8 902
SAIC MOTOR CORPORATION..10.93%39 213
MARUTI SUZUKI INDIA LT..4.63%22 282
BYD COMPANY LIMITED--.--%22 175
GUANGZHOU AUTOMOBILE G..51.16%17 923
CHONGQING CHANGAN AUTO..--.--%10 269
More Results