Fiat Chrysler Advance Jeep cost them fortune
Fiat Chrysler brought up with
advanced Jeep recently , but it cost
them fortunes .Because of violating laws in a series of safety recalls of
the consumers, US government fining Fiat for record breaking $105 million
dollar. Also , Fiat Chrysler will be required to buy back a group of recalled
vehicles to get them off the roads. Furthermore, The company will make payments
to owners of 1.56 million recalled older-model Jeeps with gas tanks behind the
rear axle to bring them to dealers to install trailer hitches to help protect
the tanks. The tanks are vulnerable and can leak gasoline if damaged in rear
collisions. The company maintains the Jeeps are as safe as comparable vehicles
built at the time, and it will not buy them back
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. As a result , the brand image of Fiat has been
damaged by massively. The company on July 24 also said it was recalling about
1.4 million cars and trucks equipped with radios vulnerable to hacking, the
first formal safety campaign in response to a cyber security threat. The
company tried to advanced with the technology , but it went too far. Although ,
the technology was brilliant , they did not overview of the implications. This
is one of bad side of the companies , where you come up with .Here is the link of the video of Fiat scandal how it can go bad https://www.youtube.com/watch?v=krxPadFCe5s
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