Wednesday, June 19, 2013

Chrysler wins cut from feds, recalls 1.56 million Jeeps

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Chrysler wins cut from feds, recalls 1.56 million Jeeps

Two weeks after refusing a government request to retract roughly 2.7 million Jeep sport utility vehicles for alleged fire risks, Chrysler has cut a deal with regulators. The nation's third-largest automaker announced Tuesday that it would address the

UPDATE 5:09 p.m. ET: Government lets Chrysler retract fewer Jeeps than first required. Chrysler Group agreed to a retract it has fought for two weeks, but only after the government slashed the number of Jeeps involved in the retract by more than a million

Chrysler announced Tuesday that it would bow to the US safety regulator's pressure to retract 2.7 million Jeep Liberties and Jeep Grand Cherokees over a fire risk. Two weeks after rejecting the National Highway Traffic Safety 

Earlier this month, the company refused the government's request to retract Jeep Grand Cherokees from model years 1993 through 2004 and Jeep Libertys from 2002 through 2007. The company said calls from concerned customers played a part in its 

The National Highway Traffic Safety Administration says that gas tank residency on the Jeep Grand Cherokees and Jeep Liberty model SUVs is at fault in 51 fatalities.Chrysler had previously argued tha most of these were high-speed crashes where the gas 

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