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500,000 Ram pick-up trucks will be bought back

Discussion in 'Off-Topic Discussion' started by Sean266, Jul 27, 2015.

  1. Jul 27, 2015 at 7:02 PM
    #1
    Sean266

    Sean266 [OP] #ThinBlueLine Staff Member

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    DETROIT — (AP) Fiat Chrysler must offer to buy back from customers more than 500,000 Ram pickup trucks in 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 trucks, which are the company’s top-selling vehicle, have defective steering parts that can cause drivers to lose control, and some previous repairs have been unsuccessful. So to get them off the roads, Fiat Chrysler agreed to the buyback, according to the National Highway Traffic Safety Administration. Owners also have the option of getting them repaired, the agency said in documents released Sunday.

    Also, owners of more than a million older Jeeps with vulnerable rear-mounted gas tanks will be able to trade in their vehicles for more than market value or be paid to get them repaired, the agency said in a statement. The Jeeps’ fuel tanks are behind the rear axle and have little to shield them in a rear crash. They can rupture and spill gasoline, setting the vehicles on fire. At least 75 people have died in crash-related fires, although Fiat Chrysler maintains they are as safe as comparable vehicles from the same era.

    Both the Jeep and Ram measures are part of a larger settlement between the government and the automaker that includes a record $105 million penalty, appointment of an independent recall monitor and strict federal oversight. It’s another step in NHTSA’s effort to right itself, getting more aggressive with automakers after several slow responses to safety troubles.

    “Today’s action holds Fiat Chrysler accountable for its past failures, pushes them to get unsafe vehicles repaired or off the roads and takes concrete steps to keep Americans safer going forward,” Transportation Secretary Anthony Foxx said in the statement. The record civil fine, he said, puts automakers on notice that NHTSA will take action when recall laws aren’t followed.

    NHTSA has been involved in vehicle buybacks in the past, but never one of this size. A buyback usually happens when a problem is so serious that it can’t be fixed and the vehicles need to be removed from service. The buyback and the Jeep trade-ins likely will cost Fiat Chrysler hundreds of millions of dollars or more. Fiat Chrysler Automobiles NV, which is technically based in the Netherlands but includes the Italian and U.S. companies, posted first-quarter net profit of $101 million.

    The consent order that Fiat Chrysler agreed to requires it to notify vehicle owners who are eligible for buybacks and other incentives.

    The agency’s actions come less than a month after it held a rare public hearing to detail problems with 23 Fiat Chrysler recalls covering more than 11 million cars and trucks. It’s another sign that NHTSA is taking a much tougher stance against automakers that don’t obey auto safety laws. 70 million and stuff.

    The fine beats the old record of $70 million assessed against Honda Motor Co. for lapses in recalls of air bags made by Takata Corp.

    In a statement, FCA US LLC said it accepted the consequences of the agreement “with renewed resolve to improve our handling of recalls and re-establish the trust our customers place in us.” The company said it wants to rebuild its relationship with NHTSA and identify and follow best industry practices for doing recalls.

    Fiat Chrysler has to pay $70 million and must spend at least $20 million to meet performance requirements detailed in the agreement. Another $15 million could come due if the recall monitor finds any further violations.

    At the July 2 hearing, NHTSA detailed a litany of shortfalls: failure to notify customers of recalls, delays in making and distributing repair parts and in some cases failing to come up with repairs that fix the problems. Some of the recalls date to 2013.

    During the hearing, Fiat Chrysler did not dispute any of NHTSA’s allegations. Scott Kunselman, the company’s head of vehicle safety, said it is changing the way it manages safety to follow the industry’s best practices. The safety system, he said, has been reorganized with added personnel. He now reports directly to CEO Sergio Marchionne. Previously the person in his position was three rungs down the organization chart from the chief executive, he said.

    “We have learned from our mistakes"

    Source: here
     
  2. Jul 27, 2015 at 7:29 PM
    #2
    matluth

    matluth Fish On!

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    Any guests here that own a Fiat/Dodge RAM and considering a Tundra? What more convincing do you need? :homer::homer::homer::homer: Toyota messed up a few years ago and Obama-san's people billed Toyota $2 billion. Fiat/Dodge has done way worse and got billed $105 million?????
     
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  3. Jul 27, 2015 at 8:15 PM
    #3
    TruckyTruck

    TruckyTruck New Member

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    Good night! I looked at dodge for a while, but I just didn't get a good feeling. Glad I got my tundra!
     
  4. Jul 27, 2015 at 9:01 PM
    #4
    matluth

    matluth Fish On!

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    Wonder how the Ram forums are doing tonight? Any volunteers to :spy: on them tonight???? Report back if you do.:spy: ( Anybody see the stupid Toyota "Gentleman's"Tundra truck commercial? Are you F'ing kidding me?? Glad I'm not a Tundra salesman. I'd rather pick up aluminum cans for recycling than to push a "gentleman's" truck. Who are they planning on selling the 2016's to?? (I know..............gentle men apparently. Makes me want to puke.)
     
    Last edited: Jul 27, 2015
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  5. Jul 27, 2015 at 9:08 PM
    #5
    havasubud

    havasubud New Member Vendor

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    Yeah, Obama's henchmen were looking to tie Akio Toyoda to the nearest tall tree, only to find out later, after NASA, the gubments experts found that Toyota was not at fault. They still paid the fine and Toyota moved on.
     
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  6. Jul 27, 2015 at 9:37 PM
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    matluth

    matluth Fish On!

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    Right. And not to mention the bogus recall flash Toyota agreed to do to fix exactly what????? Chime in crickets now. Toyota PHD engineer degreed experts don't even know. No junk science. It didn't rain today and it was hot. Can't be because it's summer. Must be climate change.
     
    Last edited: Jul 27, 2015
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  7. Jul 27, 2015 at 10:05 PM
    #7
    csuviper

    csuviper Moderator Staff Member

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    Wasn't toyotas biggest caused by people not ensuring their floor mats were anchored down and not understanding that if the accelerator is stuck that they could put it in neutral to stop.
     
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  8. Jul 28, 2015 at 5:33 AM
    #8
    matluth

    matluth Fish On!

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    Right. Most issues were improper placement of aftermarket floor mats, driver error. In most cases the floor mats would move forward and engage the pedal. Actually be on top of the pedal not allowing it to retract/slow down. It's why they trimmed my pedal on my Tacoma. In many cases the factory mats were left in place with aftermarkets on top. Not a good idea. That's why it's good to buy mats specifically for your vehicle. As you probably know WeatherTechs for example have anchor points. $20 Walmart Mossy Oak cheapo's don't. All the drivers had to do previously was to put car in neutral, pull over, and remove mat. Engine revs down to idle. Can't fix stupid. The Camry did have some more serious issue with the pedal placement. Bad enough where floor sheet metal was altered to prevent acceleration issue. Toyota procrastinated on that and it cost $2 billion. Dodge $105 million? Procrastinated after being warned. Forced to buy back trucks because they are so F'd up? $105 million?
     
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  9. Jul 28, 2015 at 6:38 AM
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    matluth

    matluth Fish On!

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    Correction: Toyota was fined "only" $1.2 billion. Wonder how this will affect used jeep (help I am on fire)/dodge (I can't steer)truck used values?:popcorn:
     
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  10. Jul 28, 2015 at 8:39 AM
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    Relentless

    Relentless Tundra newb Vendor

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  11. Jul 28, 2015 at 2:34 PM
    #11
    Sean266

    Sean266 [OP] #ThinBlueLine Staff Member

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    Saw that. That's just crazy...and stupid...and can/will kill someone.
     
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  12. Jul 28, 2015 at 2:38 PM
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    matluth

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    This is what happens when everyone wants total ECM/wireless control. They get what they ask for. All the fancy wireless and no firewall protection. Anybody good with a computer can backdoor into anything.
     
  13. Jul 28, 2015 at 3:54 PM
    #13
    rons23

    rons23 Next Round is on me! Live OBX

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    Wow, that's some serious shit.
     
  14. Jul 28, 2015 at 5:18 PM
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    Mike

    Mike Tread lightly.

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    yep bank account is running low from it..
    Nothing new in the america business of making cars and trucks.

    Daimler I bet right now is like we missed a silver bullet on this one. Fiat is left to flip the bill. Got to love business.

    Problem is this its happened to toyota, and gm in the past. Only thing this really does is get people in the showrooms to BUY there newer models that may or may not have problems. If they are want to boost stock value they just did.

    Problem is 105 million is a WRITE OFF if the taxes are done right and I bet your azz they are. File it under lost money, production whatever.
     
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  15. Jul 28, 2015 at 5:31 PM
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    matluth

    matluth Fish On!

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    What's cool is that Fiat just reported only $100 million profit year over year.(right....) which is now gone. Got stuck with Daimler's BS. Fiat is worth billions and will most definitely find a way to pass this "situation" off to consumers and not share holders. " If I had a son, he would look like a Ram truck." Obama 2015
     
  16. Jul 28, 2015 at 10:05 PM
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    TruckyTruck

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    :rofl:
     
  17. Aug 19, 2015 at 12:55 PM
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    alalmcgrath

    alalmcgrath New Member

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    I guessthey didn't learn anything from the PINTO fiasco? And on an offload vehicle!
     
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  18. Aug 19, 2015 at 1:29 PM
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    matluth

    matluth Fish On!

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    I remember the Pinto recall when it happened. We were saying then, "Didn't they learn from the Chevy Corvair fiasco". The Corvair had multiple major issues, like "impalement by steering column" to name one. CO poisoning was another minor issue. Fun car to drive though. heh heh
     
  19. Aug 20, 2015 at 6:01 PM
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    bobeast

    bobeast really old member

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    Yeah. I loved my corvair. Scary car to drive, though. The front end was so light it felt like it was going to flip at anything over 70. I parked crooked one time, and went around and picked the front up by the bumper and straightened it out. Ended up having to keep bricks in the trunk (under the hood).

    And don't even get me started on that gasoline powered interior heater.
     
  20. Aug 21, 2015 at 5:09 AM
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    matluth

    matluth Fish On!

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    You mean the gasoline powered CO emitter that somebody renamed heater? heh heh. My friends dad got the first convertible Corvair sold in Oregon. Was actually a pretty cool car (at first). Chevy should have let rear air cooled engine cars alone. The first engine I learned how to rebuild in auto shop in H School was out of a Corvair. (1970)
     
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