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News briefs: odd recall, Magneti sale

by David Zatz on

Some 2019 Dodge Chargers are being recalled because they forgot to put airbag warnings onto the sun visors, which means they don’t comply with federal rules.  In a somewhat more important recall, a few hundred 2019 Jeep Cherokees are being recalled because of  loose passenger-seat mounting bolts; that recall (FCA #V31, NHTSA #19V248000) is already in progress.

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TransitWorks and Prime-Time Specialty Vehicles are also recalling their ProMaster and Transit conversions, with aftermarket Freedman GO-ES seats; the seat cushion may move in a sudden stop.

In possibly happier news, FCA finished its sale of parts-maker Magneti Marelli to Japanese supplier Calsonic Kansei, a deal which netted FCA some €5.8 billion in cash (around $6.5 billion). FCA is giving holders of FCA common stock a special cash distribution of €1.30 per share, which will use around €2 billion of the gain.

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