Zacks Investment Research | Nov 26, 2017 09:10PM ET
Per Wall Street Journal, Fiat Chrysler Automobiles N.V. (NYSE:FCAU) reported that it will recall approximately 8,000 Jeep sport utility vehicles (SUVs) in order to fix faulty airbags. The defect might pose danger to the front-seat passengers.
The vehicles to be recalled include the 2018 model of Jeep Compass sport-utility vehicles manufactured from early September till Nov 19 for the North American market. Hence this affects 7,000 vehicles already sold in the United States. Recall notices will be sent out to the dealers by next month.
Having made its debut in 2017 model year in the United States, the second-generation Jeep Compass was manufactured in Toluca, Mexico.
Fiat Chrysler Automobiles N.V. Price and Consensus
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