Fiat Chrysler To Recall 965k Vehicles Over Emission Issue
Zacks Investment Research | Mar 13, 2019 10:50PM ET
Per Reuters, Fiat Chrysler Automobiles N.V. (NYSE:FCAU) will recall approximately 965,000 gasoline vehicles that don’t comply with U.S. emission standards. The flawed vehicles are from the United States and Canada that will require catalytic converter replacements.
In-use emissions investigation conducted by Environmental Protection Agency (“EPA”) and in-use testing led by Fiat Chrysler, per the U.S. regulations, have impelled the company to issue the recall. The faulty vehicles include 2011-2016 Dodge Journeys, 2011-2014 Chrysler 200s and Dodge Avengers, 2011-2012 Dodge Calibers, and 2011-2016 Jeep Compass/Patriots. Out of the total, 863,000 cars are from the United States, while the rest are from Canada.
The issue has been observed by the EPA during a routine in-use emissions testing, which showed deteriorating performance of catalytic converters in vehicles. The faulty catalytic converters produce nitrogen oxide pollution that is above regulatory limits. Fiat Chrysler has commenced the recall procedure that will be undertaken in phases this year.
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