This coming June will mark the second anniversary of a settlement between Chrysler and federal regulators that resulted in the recall of 1.56 million Jeeps due to a potential fire hazard.
But so far, only a tiny fraction of the vehicles covered by that service action – 4% of the Jeep Grand Cherokees and 27% of the Jeep Liberty models – have actually been brought in for repairs. By comparison, about 75% of the vehicles subject to recalls in the U.S. are typically repaired within 18 months.
The slow response rate has generated concerns in Washington where Mark Rosekind, the new chief at the National Highway Traffic Safety Administration (NHTSA), has been hinting the agency might re-open its investigation. (more…)