Fiat Chrylser (FCA) will be recalling
a whopping 4.8 million vehicles for an update in the Powertrain
Control Modules software after concern was raised that they
could get stuck in cruise control, the company said in a
statement on Friday.
Chief Technical Compliance Officer Mark Chernoby said that
the software update would be free and that the company would
alert customers affected starting next week.
The US road safety watchdog noted that the vehicles would be
recalled due to a software defect.
FCA stocks plunged by 2.96% after the announcement.
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