Investing

Chrysler And Jeep Reputations Take Another Pounding With Recall

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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