Chrysler And Jeep Reputations Take Another Pounding With Recall

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By Douglas A. McIntyre Published
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Chryslers’s flagship brand and its Dodge, Jeep, and Ram divisions finished dead last in the new JD Power and Associates Reliability Survey. That news was barely out of the headlines when today, Chrysler recalled 209,724 Jeep SUVs from model years 2004 and 2005–all from them from the Liberty product line.

Chrysler said that the SUVs have a corrosion problem which “could lead to a loss of control by the driver.”

It is hard to explain why Chrysler company sales roses 40% in February, which was well ahead of the growth rates of its primary rivals. The bad news has to catch up to the manufacturer at some point soon.

 

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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