by Nate Wooley | November 12, 2012 2:08 pm
Fiat-owned (PINK:FIATY) Chrysler is recalling more than 900,000 Jeep Grand Cherokee and Liberty vehicles to fix faulty airbags. The current airbags can inflate during the vehicle’s normal operation due to an issue with control circuits.
An investigation by the U.S. National Highway Traffic Safety Administration investigation found that the airbags in the 2002 to 2004 models went off 215 times. There were no crashes reported in the incidents, but the airbag deployment could lead to a wreck.
A spokesman for Chrysler says that the airbag warning light should illuminate prior to the airbags deploying. If drivers see the light on, they should contact a Jeep dealership. Chrysler is installing an electrical filter to compensate for the problem.
The recall applies to any Grand Cherokee built between Aug. 1, 2001 and May 16, 2003, and to any Liberty built manufactured between June 6, 2001 and March 19, 2003.
More than 800,000 vehicles of the recalled vehicles — nearly 90% — are in North America.
Source URL: http://investorplace.com/2012/11/jeep-recalls-more-than-900000-vehicles/
Short URL: http://invstplc.com/1fv6hv4
Copyright ©2016 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.