by David Zatz • Posted on September 26th, 2013
Chrysler told Larry Vellequette of Automotive News that Cherokee repairs will be implemented more quickly than originally thought, and that the second shift will be returning on Monday, though so far no Cherokees have been released to dealers.
Mr. Vellequette’s sources said that the issue was related to the way the engine, transmission, and axles work together; Chrysler spokesman Jodi Tinson confirmed this.
At least 12,000 Cherokees have been built and are awaiting a “flash” to fix the problem, tying up nearly one third of a billion dollars in inventory (at retail prices). To ensure that the problem is fixed on each vehicle, each and every one will be test driven before it can be released.
Production was originally scheduled to begin May 23, but must reach showrooms by September 30 to make the end of the quarter.
Fiat S.p.A. announced its second-quarter results from Turin this morning for what could be the last time, if shareholders approve the Fiat-Chrysler merger on Friday.
Worldwide shipments rose 2%, to 1.2 million, in the second quarter as revenues rose 5% to $31.2 billion
NAFTA region shipments grew 10% while Asia Pacific (APAC) region jumped 42%....
According to a report in Italian financial newspaper Il Sole 24 Ore, the government is considering offering tax incentives to boost car sales in the country.
“We are thinking of using fiscal levers to encourage a renewal of our car stocks,” Transport Minister Mauritzio Lupi said today. “We are evaluating this project because that is what it means to have an industrial policy for this country.”
“We have the oldest fleet in Europe,” Lupi went on to say....
Allpar’s sources tell us that, despite the clear acceleration and fuel-economy benefits of the eight-speed automatic, the police are demanding that Dodge stick with the old Mercedes five-speed on Charger squad cars.
In 2014, both police and civilian Chargers had the five-speed, though civilians got the eight-speed with the V6 — and in 2015, the eight-speed will be the only transmission in any civilian Dodge Charger, including the SRT....
In today’s print edition of Automotive News, Larry Vellequette wrote about one more facet of the ongoing battle for bragging rights among pickup manufacturers.
This time, Ram is engaged in a tussle with Ford over top towing rights. Ford claims the championship over the Ram 3500, saying its 4X4 crew cab heavy-duty pickup can tow 31,200 pounds, 1,200 more than the Ram 3500 regular cab 4X2, which Chrysler maintains has “best-in-class” towing....