trending Market Intelligence /marketintelligence/en/news-insights/trending/WcYr5YzDFWZ7w3ag7AHqEQ2 content esgSubNav
In This List

Fiat Chrysler to recall more than 10,000 Ram pickups in US

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Global M&A By the Numbers: Q1 2022

Blog

Insight Weekly: Earnings forecasts for US banks; corporate deleveraging; LatAm currency gains

Blog

Insight Weekly: M&A slows down; climate tops proxy season; private equity pours into blockchain


Fiat Chrysler to recall more than 10,000 Ram pickups in US

Fiat Chrysler Automobiles NV will recall 10,160 of its Ram 1500 pickup trucks in the U.S. over faulty rear driveshafts, according to a May 30 notice from the National Highway Traffic Safety Administration.

The rear driveshaft in the involved vehicles may have an incomplete weld fusion between the tube and the tube yoke. This may lead to a fractured rear driveshaft that could detach from the vehicle and become a road hazard or result in a loss of drive power, both of which can increase the risk of a crash.

Fiat Chrysler said it will notify owners and begin the recall of the trucks, which were manufactured in 2018 and 2019, on June 15. Dealers will replace the parts for free.

In August 2018, Fiat Chrysler recalled more than 1 million Ram pickup trucks to fix a power-locking mechanism in the tailgates that may break.

Most recently, the automaker recalled nearly 300,000 Dodge Dart compact car units in North America due to a defective transmission cable bushing.