Chrysler Joins Recall Parade

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Fiat 500L Trekking
courtesy of Fiat SpA
Chrysler Group has issued a recall notice for 18,092 model year 2014 Fiat 500L vehicles to repair a defect that may have a delayed effect or no effect at all when a driver moves the transmission lever out of the Park position in certain temperature conditions. The company will notify dealers and owners in April.

According to a filing with the U.S. National Highway Transportation Safety Administration (NHTSA), Chrysler knows of no accidents or injuries related to this issue, which is caused by “inconsistent data transfer rates between to in-system microcontrollers” in the gear shift mechanism. The company said it opened an investigation in October following reports that the PRNDL lights were flickering and that there were delays in shifting. According to the filing:

[S]hift requests made by the driver during this period may lead to vehicles moving in an unintended or unexpected direction.

Chrysler will either replace the shifter module or update the shifter software at no charge to the owner.

Last week Honda Motor Corp. (NYSE: HMC) recalled nearly 900,000 Odyssey minivans to repair a defective fuel pump part that may cause fuel to leak onto the engine and ignite. General Motors Co. (NYSE: GM) recalled 1.6 million vehicles earlier this month to repair an ignition switch defect that is linked to at least 13 deaths and multiple injuries.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618