Posted on 07/27/2015 12:34:30 PM PDT by Responsibility2nd
DETROIT -- Fiat Chrysler must offer to buy back from customers hundreds of thousands of Ram pickup trucks and other vehicles -- the biggest such action in U.S. history -- as part of a costly deal with safety regulators to settle legal problems in about two dozen recalls.
The Italian-American automaker also faces a record civil fine of up to $105 million. In addition, owners of more than a million older Jeeps with vulnerable rear-mounted gas tanks will be able to trade them in or be paid by Chrysler to have the vehicles repaired.
~SNIP~
Vehicles eligible for buy-back offer
Models included in the buy-back offer are certain Ram 1500s from 2009 to 2012; the Ram 1500 Mega Cab 4 by 4 from 2008; and the Ram 2500 4 by 4, 3500 4 by 4, 4500 4 by 4, and 5500 4 by 4, all from 2008 through 2012. Also part of the offer are 2009 Chrysler Aspen and Dodge Durango SUVs and the Dodge Dakota pickup from 2009 through 2011.
The cash outlay could be substantial. According to Kelly Blue Book, a 2010 Dodge Ram 1500 - one of the smaller, less-expensive trucks involved in the recalls - could fetch $20,000 in a dealer trade-in, assuming the truck has 60,000 miles on it and is in "good" condition. At that rate, if Chrysler had to buy back even a quarter of the trucks at issue, it could spend $2.5 billion.
Well sure. He must be a good Christian man, right? With that cross?
I have a 2004 F150 Lariat four door with the tow package and has 140K miles on it - only thing I've had to do is change the oil, brakes and tires.
How do you know that? I bought one of those little 5.0L Mustangs not too long ago. BMW M3 performance for half the price, so the power, handling and price aren't crap. I get compliments on it every week from young girls to old men, so it doesn't look like crap. 30k trouble free miles so far, which isn't a lot, but perhaps enough to know it isn't built like absolute crap.
FR isn’t known for discerning commentary on vehicles of any type, LOL.
Enjoy your ‘Stang, just watch for speeding tix.
Now we've got hyphenated corporations...
Same Here. I always bought Chevy’s [3] [loved my 292 inline 6]with a 3 speed tranny till I got screwed on a Electric problem which would always would leave me stranded in the most out of the way places, then I switched to Ford [2] but one rusted out within 2 years the other caught on fire at Colts Firearms parking lot[leaky fuel pump], Decided to try a Dodge and have not gone back to Ford or Chevy since I am on my third Dodge and only have 40,000 on it but my 2 Previous Dodge Trucks I put on over 200,000 with no problems and both were 4 WD.
Yep
a lot of what this company is dealing with is a result of the previous owners. They have long road to hoe. Type in N23 recall and then P73 Recall. They had to recall a software recall which was designed to identify a flaw in a part that they didn’t want to recall. The part was causing vehicles to slip into neutral while being remotely started. If you didn’t remotely start the car and always kept the parking brake on, it was fine. IMO, it was an elaborate scheme to get the end user to pay for the faulty part that was poorly made and probably purchased on low-bid.. idiots like myself shelled out over $700 to fix a part that Jeep knew was bad but covered up with other error codes and software excuses.
Fiat is trying to smooth things over but I think there was too much damage done while the unions had their fangs in them..
I will never purchase one of their products again until the come clean.
Toyota had problems as well. GM had the DEX-COOL thing. Ford the Triton problem. Caveat emptor...
I have 2007 Dakota and just got a recall notice for air bags. Again, they don’t have the parts and will notify me when they have them. With this latest, I expect they will be bankrupt and gone before those new airbags are available.
Overall, I have liked the truck. Had some front end problems, but it runs well, does great in the snow, and meets my humble needs for occasionally hauling stuff around.
These would be under the time that Daimler and the U.S. Government owned Chrysler. Sounds to me like fiat bought a pig in a poke and our anti capitalist government is once again blamed by business.
Gotta blame fiat for going into the deal eyes wide shut though.
“Nissan has had a “strawberry milkshake” problem for years now.”
No comprendo.
In ten years there may only be one government owned auto-maker left. Vehicles will become prohibitively expensive. Vehicle ownership is already way down. People will be forced into cities/mass-transit. It will be for “our own good and the good of the planet.”
Transmission fluid line enters radiator and vice versa. Turns coolant reddish. Hence “strawberry milkshake.” Mostly full size Nissan vehicles. Thousands of complaints. Little action on part of Nissan. Vehicles sometimes “seize up in traffic or on highway. Not good, but no fatalities. Yet...
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