Skip to main content

NEW YORK (TheStreet) -- Fiat Chrysler (FCAU) - Get Stellantis N.V. Report announced it will recall 894,00 SUVS impacted by faulty airbag deployment and anti-lock braking systems.

The automotive group is aware of seven injures tied to the problem, but is not aware of any accidents. 

The airbags at fault were not supplied by Takata, which faces a major recall after its airbags were tied to eight deaths, according to a statement. 

The recall affects certain model-year 2003 Jeep Liberty SUVs and 2004 Jeep Grand Cherokees

Additionally, on Wednesday Fiat Chrysler posted adjusted earnings of 22 cents per share on revenue of $30.6 billion in the 2015 third quarter. Analysts had forecast for earnings of 20 cents per share on revenue of $27.21 billion.

Scroll to Continue

TheStreet Recommends

Shares of the company are higher by 1.51% to $14.78 in midday trading on Friday. 

Image placeholder title


data by