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Chrysler is recalling 646,394 2011-2014 Dodge Durango and Jeep Grand Cherokee vehicles.
The affected vehicles had brake booster shields installed under a previous recall campaign to prevent water from entering the brake booster and limiting braking ability. This recall is to verify that the brake booster shield installation was performed properly.
Chrysler will notify owners, and dealers will inspect the brake booster shield, correcting the installation as necessary, free of charge. The recall is expected to begin Nov. 7.
Chrysler's number for this recall is T59.

Published in Compliance News

Santander Consumer USA Holdings Inc. announced net income for the second quarter of $265 million.
Total auto originations rose 1 percent to $5.5 billion.
Core retail auto loan originations rose 36 percent to $2.3 billion.
Chrysler Capital nonprime loan originations rose 11 percent to $948 million. Chrysler Capital prime loan originations were down 30 percent to $854 million.
Provision for credit losses increased to $521 million in the second quarter, from $512 million in 2016.

Published in Finance
Tuesday, 20 June 2017 01:40

Chrysler Recalls Caravans for Air Bags

Chrysler is recalling 209,135 2011-12 Dodge Grand Caravan vehicles.
In the affected vehicles, the driver's frontal air bag may unexpectedly deploy if the air bag wiring harness gets chafed within the steering wheel and short circuits.
Chrysler will notify owners, and dealers will inspect the air bag wiring within the steering wheel, replacing it if necessary. A protective cover will also be installed.
These repairs will be made free of charge.
The recall is expected to begin July 28.
Chrysler's number for this recall is T33.

 
 
Published in Compliance News

Chrysler is recalling more than 1 million trucks because of issues with their seatbelts and side airbags.
Chrysler is recalling 1,021,279 model year 2013-16 Ram 1500, Ram 2500, and 2014-16 Ram 3500 vehicles. Certain driving conditions, such as driving off-road or debris striking the vehicle may cause the roll rate sensor to trigger a fault within the occupant restraint controller (ORC).
If this fault occurs, the rollover side curtain air bag and the seat belt pretensioner will be disabled from deploying.
Chrysler will notify owners, and dealers will update the ORC software, free of charge. The recall is expected to begin June 23.
Chrysler's number for this recall is T25.

Published in Compliance News

Chrysler is recalling 25,593 2014 Fiat 500L vehicles.

The powertrain control module (PCM) software calibration may be incorrect, limiting the engine to idle speed and torque even when the accelerator pedal is fully pressed.

Chrysler will notify owners, and dealers will update the PCM software, free of charge. The recall is expected to begin May 5.

Chrysler's number for this recall is T19.

 

 

Published in Compliance News
Wednesday, 25 January 2017 23:32

Santander Finances Fewer Chrysler Vehicles

Santander Consumer USA Holdings Inc. announced net income for the fourth quarter 2016 of $61 million.
Full year 2016 net income was $766 million.
Total auto originations were $4.5 billion, down 24 percent.
Core retail auto originations were $2 billion, up 1 percent
Total Chrysler Capital originations were $2.5 billion, down 36 percent.

Published in Finance
Monday, 09 January 2017 20:31

Chevy, Honda, Chrysler Win Awards

The 2017 Chevrolet Bolt electric car, Honda Ridgeline pickup and Chrysler Pacifica minivan were named 2017 North American Car, Truck and Utility Vehicle of the Year, respectively.
The announcement was made at the North American International Auto Show in Detroit.
The Bolt electric car received 364 points from the jury of automotive journalists from across the U.S. and Canada. The Genesis G90 sedan from Hyundai's new luxury brand was second with 105, followed by the Volvo S90 sedan with 101.
The Honda Ridgeline midsize pickup received 364 points to beat the Ford F-series Super Duty, 193, and Nissan Titan, 72.
The Chrysler Pacifica minivan got 300 points to top the Mazda CX-9, 135, and Jaguar F-Pace, 125.
The award for utility vehicle of the year is new for 2017. It includes sport utility vehicles and minivans.
It was added due to surging consumer interest in SUVs, many of which compete with minivans as kid-friendly family transportation.
The jury and designer Ed Welburn also presented a check for $5,000 to the Children's Hospital Foundation of Michigan. Welburn is a former design director of General Motors.

Published in Dealers

Santander Consumer USA Holdings Inc. announced net income for the third quarter of $214 million.
Auto originations totaled $5.2 billion.
Chrysler Capital lease originations were $1.3 billion, down 17 percent. Chrysler Capital retail originations were $1.9 billion, down 39 percent.
Net finance and other interest income was $1.2 billion, down 3 percent

Published in Finance
Wednesday, 21 September 2016 19:11

Chrysler Recalls Vehicles for Restraint Controls

Chrysler is recalling certain model year 2011-14 Chrysler 200, 2010 Chrysler Sebring, 2010-12 Dodge Caliber and 2010-14 Jeep Patriot, Compass and Dodge Avenger vehicles.

The Occupant Restraint Control module may short circuit, preventing the frontal air bags, seat belt pretensioners, and side air bags from deploying in the event of a crash.

If the frontal air bags, seat belt pretensioners, and side air bags are disabled, there is an increased risk of injury to the vehicle occupants in the event of a vehicle crash that necessitates deployment of these safety systems.

The remedy for this recall is still under development. The manufacturer has not yet provided a notification schedule.

Chrysler's number for this recall is S61.

 

 

Published in Compliance News
Monday, 08 August 2016 16:15

Chryslers Recalls Trucks, SUVs

Chrysler is recalling 412,855 model year 2014-15 Jeep Cherokee and 2015 Chrysler 200, Jeep Renegade and Ram ProMaster vehicles equipped with 9-speed automatic transmissions.

The transmission sensor clusters may have insufficient crimps in the transmission wire harness, and as a result, the transmission may unexpectedly shift to neutral.

If the vehicle unexpectedly shifts to neutral, there is an increased risk of a crash.

Chrysler will notify owners, dealers will update the transmission software to prevent the transmission from shifting into neutral due to a faulty crimp, free of charge. The recall is expected to begin on Aug. 26.

Chrysler's number for this recall is S55.

Published in Compliance News