Find or Sell Used Cars, Trucks, and SUVs in USA

1999 Jeep Cherokee / Classic Sport / Lifted / Brand New Lift, Bfg Tires & More on 2040-cars

Year:1999 Mileage:116890 Color: White /
 Black
Location:

Richmond, Virginia, United States

Richmond, Virginia, United States
Advertising:
Transmission:Automatic
Body Type:Sport Utility
Vehicle Title:Clear
Engine:4.0L 242Cu. In. l6 GAS OHV Naturally Aspirated
Fuel Type:GAS
For Sale By:Dealer
Condition:
Used: A vehicle is considered used if it has been registered and issued a title. Used vehicles have had at least one previous owner. The condition of the exterior, interior and engine can vary depending on the vehicle's history. See the seller's listing for full details and description of any imperfections. ...
VIN (Vehicle Identification Number)
: 1j4ff68s4xl519105
Year: 1999
Make: Jeep
Model: Cherokee
Warranty: Vehicle does NOT have an existing warranty
Trim: Classic Sport Utility 4-Door
Options: 4-Wheel Drive, CD Player
Drive Type: 4WD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Mileage: 116,890
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Sub Model: CHEROKEE CLASSIC XJ LIFTED 31IN TIRES
Exterior Color: White
Disability Equipped: No
Interior Color: Black
Number of Cylinders: 6






Call Ted Lambert at (804) 852-4907!!!



About Us 


We are a Licensed, Independent Used Car Dealer in the State of Virginia.  We strive to offer hand picked vehicles at Rock Bottom, Wholesale prices while giving our attention and courteous support to each individual client.  We are with you every step of the way including assisting with arranging transportation for your vehicle after the deal is done.  We stand behind ALL of our vehicles 100%.  We do our very best with listing and describing our vehicles on eBay as honest and accurate as possible.  Please enjoy the Video & extensive amount of Photos we include to help bridge the gap of buying a vehicle "sight unseen."  By reading our feedback, you can rest assured you are buying from professionals.  Please READ OUR TERMS before bidding.  By bidding, you are entering into a Legally Binding Contract.  If you don't have financing in place for this vehicle, do not bid until you have financing in place.  All vehicles are sold with a Clean and Clear title along with 30 Day Tags & Temporary Registration.  Some titles may take up to 2 weeks to receive.  Good luck bidding and if you need anything, please let us know by email or phone.  If you have any questions, ask before bidding.  Thanks!!



1999 Jeep Cherokee Classic 4x4


 Thanks for viewing this Very Nice 1999 Jeep Cherokee Classic 4x4 SUV offered by Davis AutoSports!!!!  Like with all of our vehicles here, this is a Carfax Certified Buy Back Guarantee Vehicle.  This Cherokee is in Great Condition for the year and miles!!  The Previous Owners t
ook Great Care of this vehicle both Cosmetically and more importantly, Mechanically!!  This XJ Classic comes with a VA State Inspection to ensure it's Safety and Great Mechanical Condition!!  This SUV is in Great Shape & Drives Absolutely Perfect as you will see in the pictures and video!!  These XJ Cherokees are getting harder and harder to find, especially in this condition as 2001 was the last year they were made!! Due to the well known dependability, these Cherokees make for a Perfect First Car & Reliable Everyday Driver!!  We Installed a 3 inch Rough Country Suspension Lift & Brand New 31x10.50x15 BFGoodrich All Terrain Tires!!  These BFG All Terrains are considered some of the Best in the Business.  They're known for their performance & longevity On & Off Road!!  As you will see in the pictures, this lift enhances the overall appearance of this Jeep to make it look Rugged yet Nice & Classy!!  
Here at Davis AutoSports, we specialize in these XJ Jeeps and have the largest inventory of any eBay seller.  I can personally guarantee you this XJ was professionally built, right here on site!!  This Jeep is in great condition in every aspect for the year and mileage but does show minor wear.  We sell a lot of these Cherokees here at Davis AutoSports, so we know exactly what to look for when it comes time for us to buy them for retail.  Rest assured, you are getting a great Jeep that's been inspected and driven by us to ensure it's excellent condition!!  If you're looking for a very Mechanically Sound, Tastefully Modified Cherokee that can be an everyday driver, this is the one for you!! 



THIS JEEP CAME TO US 100% STOCK AND WE DID ALL THE MODIFICATIONS IN HOUSE


Modifications
DAVIS AUTOSPORTS STAGE 2 PACKAGE !!!!
Brand New 3" Suspension Lift
This Lift consists of:
4 Brand New Shocks w/Boots
2 New Front Coil Springs
New Heavy Duty Steering Stabilizer
New Rear Add-a-Leaf Springs
New Control Arms
New Sway Bar Links
All New Hardware, Brackets & Bushings


Other Options & Extras Performed at Davis AutoSports
We Installed a Brand New Rear Main Seal (THIS IS A $700 SERVICE AT A SHOP) 
New Transmission Gasket and Fluids
Brand New Window Tint - Lifetime warranty 
Gray Factory Limited Alloy Wheels
Brand New 31" BFGoodrich All Terrain Tires 
Remote Entry
Tow Package
New Inspection



Exterior Condition


The Exterior of this vehicle is in Great Condition for the year & miles.  As you will see, this Jeep is White in color with Fully Painted Fender Flares & Bumpers standard on the Classics.  This Cherokee Classic comes with Alloy Wheels & Brand New 31x10.50x15 BFGoodrich All Terrain Tires that we installed!!  These Tires are considered one of the very best!!  I tried to include as many pictures as possible, and a video, so you can see the true condition of this vehicle.  Please keep in mind this is a Pre-Owend vehicle so it will show some minor wear.  Overall, the Paint is in great shape but will show extremely minor wear due to the age and being driven for 116k miles.  You will see from the pictures and video the truly Great Condition of this Jeep.  The Alloy Wheels are in Great Shape and the New Tires ride smooth for the size and aggressive tread!!  The Engine Compartment is Extremely Clean and Very Well Maintained!!  The body is in Excellent Shape as you will see in the pictures and video!!!  The Fender Flares are all very clean with minimal wear from being driven!!  The undercarriage is super clean as you will see in the pictures and video!!  This Cherokee comes with a Tow Package, Roof Rack & Tinted Rear Windows!!  Overall, the body is in Excellent Condition but please keep in mind, this is a Pre-Owned vehicle and will show some minor wear.  Please look at all pictures and the video to see the great condition of this Jeep!!  



Interior Condition


The Interior of this '99 Cherokee Classic is Extremely Clean and in Excellent Condition!!  The carpets look great as you will see in the photos.  The Gray Cloth Seats are super clean and have no rips or tears!!  This was a Non-Smokers vehicle and has no odors!!  All dash areas and door panels are Extremely Clean as you will see in the photos and show little to no wear!!  The AC blows ICE Cold!!  The photos below will show EVERY part of the interior so you can see for yourself how Clean and Very Well Kept this Cherokee truly is!!  All Buttons & Electronics Work Perfectly!!  This 4x4 XJ comes with Cold AC, Power Windows, Power Locks, Power Outside Mirrors, Cruise Control, Tilt Steering Wheel, AM/FM/CD Player, Remote Entry, Anti-Lock Brake System, Airbags, Folding Rear Seat and a few more options!!  The Headliner is Brand New as we just replaced it in house!!  Please keep in mind this is a pre-owned vehicle and will show some minor wear.  The Interior of this Cherokee was very well cared for and shows very little signs of wear.  Please view all pictures and the video to see the truly Great Condition of this Jeep!!



More Info


This 1999 Jeep Cherokee Classic 4x4 is in Amazing Overall Condition!!  The Legendary 4.0L Inline 6cyl Engine Runs just as it should...Very Strong and Starts up and Runs with No Issues!!  All driving components work just as they should.  These 4.0L's are none for being "bulletproof" due to their longevity and dependability.  The Automatic Transmission is Super smooth and shifts as it should!!  Overall, the complete Drive-train has No Issues & Runs Great!!  The New BFG Tires are a personal favorite of mine and look and perform Great!!  The 3in. Lift is give the truck a Rugged Look but still keeps this Jeep's Classy Appearance!!  I personally think the combination of the color, lift, wheels & tires make this Cherokee stand above the rest.  I can't say enough as to the Truly Amazing Mechanical Condition of this Truck!!  As Great of Condition as this Jeep is in, Please Remember IT IS a Pre-Owned vehicle.  You may find some very minor wear from it being driven, both Interior and Exterior.  Please Read Entire Ad & Enjoy the Pictures and Video!!  Good Luck and Thanks for viewing this Jeep Cherokee!!



2 Owners & Clean Carfax Report!!

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Adjust the value of this 1999 Jeep Cherokee Sport/Classic based on the information available in this report

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 Ownership History

The number of owners is estimated
 Owner 1 Owner 2
Year purchased1999 2011 
Type of ownerPersonalPersonal
Estimated length of ownership11 yrs. 8 mo. 2 yrs. 7 mo. 
Owned in the following states/provincesMaryland Maryland 
Estimated miles driven per year5,539/yr --- 
Last reported odometer reading64,000 64,168 

 Title History

CARFAX guarantees the information in this section
 Owner 1 Owner 2
Salvage | Junk | Rebuilt | Fire | Flood | Hail | LemonGuaranteed
No Problem
Guaranteed
No Problem
Not Actual Mileage | Exceeds Mechanical LimitsGuaranteed
No Problem
Guaranteed
No Problem
GUARANTEED - None of these major title problems were reported by a state Department of Motor Vehicles (DMV). If you find that any of these title problems were reported by a DMV and not included in this report, CARFAX will buy this vehicle back. Register | View Terms | View Certificate

 Additional History

Not all accidents / issues are reported to CARFAX
 Owner 1 Owner 2
Total Loss
No total loss reported to CARFAX.
No Issues Reported
No Issues Reported
Structural Damage
No structural damage reported to CARFAX.
No Issues Reported
No Issues Reported
Airbag Deployment
No airbag deployment reported to CARFAX.
No Issues Reported
No Issues Reported
Odometer Check
No indication of an odometer rollback.
No Issues Indicated
No Issues Indicated
Accident / Damage
No accidents or damage reported to CARFAX.
No Issues Reported
No Issues Reported
Manufacturer Recall
No open recalls reported to CARFAX.
No Recalls Reported
No Recalls Reported
Basic Warranty
Original warranty estimated to have expired.
Warranty
Expired
Warranty
Expired

 Detailed History

 Owner 1
Purchased:1999
Type:Personal
Where:Maryland
Est. miles/year:5,539/yr
Est. length owned:6/19/99 - 3/8/11 
(11 yrs. 8 mo.)
Low mileage!This owner drove less than the industry average of 15,000 miles per year.
Date:Mileage:Source:Comments:
06/19/1999  6,222  Maryland
Motor Vehicle Dept.
Silver Spring, MD
Title #28434652  
Title or registration issued
First owner reported
Titled or registered as
personal vehicle
05/13/2003   Maryland
Motor Vehicle Dept.
Silver Spring, MD  
Registration updated when owner moved
the vehicle to a new location
05/25/2007   Maryland
Motor Vehicle Dept.
Silver Spring, MD
Title #28434652  
Registration issued or renewed
06/04/2009   Maryland
Motor Vehicle Dept.
Silver Spring, MD
Title #28434652  
Registration issued or renewed
01/04/2011  64,000  Maryland
Motor Vehicle Dept.
Silver Spring, MD
Title #41650852  
Title or registration issued
 
 Owner 2
Purchased:2011
Type:Personal
Where:Maryland
Est. length owned:3/8/11 - present 
(2 yrs. 7 mo.)
Date:Mileage:Source:Comments:
03/08/2011  64,168  Maryland
Motor Vehicle Dept.
Rockville, MD
Title #41948437  
Title or registration issued
New owner reported
05/30/2013   Maryland
Motor Vehicle Dept.
Rockville, MD
Title #41948437  
Registration issued or renewed
I'm here to help! Print and bring my SmartBuyer Checklist when you go to test drive this 1999 Jeep Cherokee Sport/Classic.
 
 





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ALL OF OUR CARS HERE AT DAVIS AUTOSPORTS COME WITH A VIRGINIA STATE 12 MONTHS INSPECTION WHICH INCLUDES THE FOLLOWING:


 INSPECT BRAKES FOR:

    * Worn, damaged or missing parts.
    * Worn, contaminated or defective linings or drums.
    * Leaks in system, proper fluid level.
    * Worn, contaminated or defective disc pads or discs.
      (NOTE: A minimum of two wheels and drums must be removed from each vehicle at the time of inspection. Consult the official inspection manual for exceptions.) 

4. - INSPECT PARKING BRAKE FOR:

    * Broken or missing parts.
    * Proper adjustment.
    * Standard factory equipment or equivalent. 

5. - INSPECT HEADLIGHTS FOR:

    * Approved type, aim, and output.
    * Condition of lamp, wiring and switch.
    * Beam indicator. 

Top of page6. - INSPECT OTHER LIGHTS FOR:

    * Approved type, proper bulbs, condition of lenses, wiring and switch.
    * Aim of fog and driving lamps.
    * Illumination of all lamps, lens color, and condition of lens.
      (NOTE: Every vehicle must have a rear lamp showing a red light to the rear, a white light illuminating the rear license plate; vehicles over 7 feet wide or extending 4 inches or more beyond the front fender extremes must be equipped with approved clearance lamps and reflex reflectors. Count load in measuring.) 

7. – INSPECT SIGNAL DEVICE FOR:

    * Approved type, proper bulbs, condition of lenses, wiring and switch.
    * Correct indications and tell-tale (visual or audible).
    * Illumination of all lamps, lens color, and condition of lens. 

8. – INSPECT STEERING & SUSPENSION FOR: (Jack up front end as shown in Manual)

    * Wear in bushings, kingpins, ball joints, wheel bearings, tie rod ends.
    * Looseness of gear box on frame, condition of drag link and steering arm.
    * Play in steering wheel.
    * Wheel alignment and axle alignment.
    * Broken spring leaves, and worn shackles.
    * Shock absorbers.
    * Broken frame.
    * Broken or missing engine mounts.
    * Lift blocks. 

9. – INSPECT TIRES, WHEELS & RIMS FOR:

    * Condition of tires including tread depth.
    * Mixing radials and bias ply tires.
    * Wheels that are cracked or damaged so as to affect safe operation. 

10. – INSPECT MIRROR FOR:

    * Rigidity of mounting.
    * Condition of reflecting surface.
    * View of road to rear (Truck mirrors must extend at least halfway beyond edge of body) – (Visibility 200 feet to rear). 

Top of page11. – INSPECT HORN FOR:

    * Electrical connections, mounting and horn button.
    * Emits sound audible for a minimum of 200 feet. 

12. – INSPECT WINDSHIELD AND OTHER GLASS FOR:

    * Approved type safety glass.
    * Cloudiness, distortion or other obstruction to vision.
    * Cracked, scratched or broken glass.
    * Stickers. ALL UNAUTHORIZED STICKERS MUST BE REMOVED.
    * Sunshading material attached to the windshield to ensure it does not extend more than 3 inches downward from the top of windshield, unless authorized by Medical Waiver Certificate.
    * Operation of left front door glass. 

13. – INSPECT WINDSHIELD WIPER/DEFROSTER FOR:

    * Operating condition.
    * Condition of blade. 

14. – INSPECT EXHAUST SYSTEM FOR:

    * Exhaust line-manifold, gaskets, pipes, mufflers, connections, etc.
    * Leakage of gases at any point from motor to point discharged from system. 

15. – INSPECT LICENSE TAGS FOR:

    * Illumination of rear plate. 

16. – INSPECT HOOD AND AREA UNDER THE HOOD FOR:

    * Operating condition of hood latch.
    * Presence of emissions system -Evidence that any essential parts have been removed, rendered inoperative or disconnected.
    * Fluid levels that are below the proper level
        1.  Brake fluid.
        2.  Power steering fluid.
    * Power steering belt - proper tension, wear, or absence. 

Top of page17. – INSPECT AIR POLLUTION CONTROL SYSTEM (1973 and Subsequent Models) FOR:

    * Installation.
    * Operation.
      (NOTE: This includes the catalytic converter and the fuel tank filler pipe.) 

18. – INSPECT DRIVER’S SEAT FOR:

    * Anchorage.
    * Location.
    * Condition. 

19. – INSPECT SEAT BELTS FOR:

    * Approved type.
    * Installation. 

20. – INSPECT AIR BAG AND AIRBAG READINESS LIGHT FOR:

    * Any defects in the air bag system noted by the air bag readiness light, or otherwise indicated; or
    * The air bag has been deployed and has not been replaced (and is not deactivated because of a medical or other exemption and a notice is posted to indicate that it has been deactivated); or
    * Any part of the air bag system has been removed from the vehicle; or
    * If the air bag indicator fails to light, or stays on continuously.     

21. – INSPECT DOORS AT THE RIGHT & LEFT SIDE OF THE DRIVER’S SEAT FOR:

    * Handle or opening device which will permit the opening of the door from the outside and inside of the vehicle.
    * Latching system which will hold door in its proper closed position. 

22. – INSPECT FUEL SYSTEM FOR:

    * Any part that is not securely fastened.
    * Liquid fuel leakage.
    * Fuel tank filler cap for presence. 

23. – INSPECT FLOOR PAN FOR:

            (a)  Holes which allow exhaust gases to enter occupant compartment.
            (b)  Conditions which create a hazard to the occupants.






Terms of Sale Overview

  

 Payment Terms: 

The successful high bidder will submit a $500.00 non-refundable deposit via paypal within 48 hours of auction close to secure the vehicle.  Buyer agrees to pay remaining balance within 7 days of auction close.  All financial transactions must be completed before delivery of the vehicle.



Acceptable Payment Methods: 

Cash (In Person), certified check, cashiers check, bank wire transfer, or third party approved financing. Please call prior to bidding to insure your third party financing is acceptable terms of payment. All checks are made payable to Davis AutoSports.



Fees and Taxes: 

Davis AutoSports charges a $179.00 processing fee.  All buyers are responsible for state, county, city taxes and fees, as well as title or registration fees in the state that the vehicle will be registered.  Buyers are responsible for tax, title & tag fees in the state the vehicle will be registered.



Contact us:

 You can reach us via email at Ted@DavisAutoSports.Com
Call Ted Lambert at the numbers below:
Office (804) 737-1505
Cell (804) 852-4907
Fax (804) 737-1506
 We are located at 5701-A Oakleys Pl. Richmond, VA 23223



Term and Conditions:

All vehicles are sold AS-IS with NO Warranty unless noted differently above.  We sell late model, low mileage vehicles that may still have existing manufacturer's warranty.  All inspections must be completed and financing arranged prior to bidding.  Pre-sale inspections are welcomed and encouraged.  Inspection companies are available on the internet as well as eBay.  We will gladly take the vehicle to your choice of inspection station within 30 mins of our dealership.  Additional keys, owners manuals, key fobs, CD cartridges, and navigation disc may not be available if not included in the listing.  These vehicles are sometimes on eBay up to 3-4 weeks before being sold, are driven by employees and test driven by customers, therefore the mileage can be up to 1000 miles more that listed above but is typically only up to 100 miles more than listed above. 

We reserve the right to notify bidders and cancel this auction.  We reserve the right to cancel bids from those with excessive negative feedback.  Please email or call us if you have negative feedback or zero feedback prior to bidding.  Zero feedback bidders who don't contact us will have their bid canceled.  Upon final inspection of the vehicle, if the vehicle is not as described the purchaser does not have to complete the transaction.  We shall gladly refund your deposit IF THE VEHICLE IS NOT AS DESCRIBED.  If your vehicle is shipped and upon it's arrival, if it not as described we will gladly accept the vehicle back for a 100% refund of the vehicle price ONLY if the vehicle remains with the transportation company.  The vehicle Must remain with the shipping company in these cases.  Buyer pays for all shipping charges.  Please expect wear associated with age, miles, and vehicle history.  We do our very best to describe the actual condition of each vehicle, but please dont rely solely on our content, pictures or even videos.  We may use adjectives to describe a vehicle which are the opinions of our staff, not fact.  The entire content of the above listing is simply an opinion and not fact.  The vehicle listed above may have dings, dents, paint chips, faded paint, clear coat peeling, previous paint work, windshield chips, windshield cracks, wheel scuffs, worn tires, frame damage, frame rust, fluid leaks, scratches, undercarriage rust and/or other wear & defects that are associated with age and mileage that are not visible in the pictures & video, or even mentioned.  Please expect stains in carpets, stress lines, worn spots on seats, and other common interior wear even if NOT shown in photos.  We attempt to accurately describe our vehicles condition with photos and text.  The content in this listing is subjective and should be used as a guide to determine a vehicles condition prior to bidding.  If you do not see something photographed or specifically described, please do not assume anything as we are here to answer all questions.  Please expect wear and flaws standard on most used vehicles.  Maintenance, check engine lights and related issues are the responsibility of the new owner.  In efforts to satisfy all of customers, we highly recommend Pre-Puchase Inspections PRIOR to winning or agreeing to purchase a vehicle.  We will Gladly bring the vehicle to ANY inspection station of your choice within 30 minutes of our dealership.  The customer can make arrangements to get vehicle to ANY inspection station if farther than 30 minutes from our dealership at your cost.  Please make an appointment prior to picking up your new vehicle.  Allow up to 30 days upon receiving the vehicle title.  Prior to bidding, arrangements must be made with our company if your vehicle is not to be picked up in person or if shipping is arranged by the buyer within 7 days.  Storage fees of $35.00 per day incur after the 7th day if no prior arrangements have been made in WRITING.  Non paying bidders are subject to the following guidelines, a $500.00 re-listing fee and also eBay's non-paying bidder’s recourse.  All non-paying bidders that do not communicate with our company are subject to judgments up to $500.00 with Henrico County Small Claims Court.  Suits are filed automatically with our legal department.  All transactions are taken place in Henrico County so thats where all claims from buyer and seller would be filed.  By bidding, you agree to all terms and conditions stated above. If you do not intend on paying for your purchase, we highly recommend you not to bid on our auctions.  We pursue all non paying bidders.  Deposits are non refundable.  We value the integrity of our company, products, employees and most of all, our customers, so by bidding on our auctions you are in agreement to our complete terms of sale. 






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Thu, Mar 24 2016

A Toronto area busybody started a decidedly un-Canadian altercation over a woman illegally parking in a handicapped parking spot this week. He now regrets his decision to film it. On March 21, Ryan Favro confronted a young woman outside the Tim Hortons in Toronto as she approached her jeep with two cups of iced coffee. The situation quickly escalated, and ended with the woman hurling obscenities and both of her coffees at Favro before driving off. Favro quickly uploaded his video to Facebook where it quickly became viral, garnering more than a million views and spreading as far as New Zealand. Toronto Police caught wind of the video, which clearly shows the woman's face and the license plates of her Jeep, and issued her a warning. "We've cautioned her for assault and parking in a disabled spot, which is really what we can do under the circumstances," said Toronto Police spokesman Mark Pugash. Favro changed his mind about the public shaming by mid-week and, in a futile attempt to put the genie back in the bottle, he removed the video from his Facebook page. "I don't want to grind this woman into the ground," he said. "There has to be a way for her to recover." His attempt to walk back his video and make the situation go away have not been particularly successful, however. Although he took the original video down, it has been copied and posted so often by now that it has become impossible to completely erase it. His attempts to do so, and his post about it on Facebook, have received some mixed feedback. "If the guy was feeling remorse for publishing it [the video], perhaps he should not have posted it online and just go to police," said Facebook user Laura Dixon. Repeated requests by the Toronto Star to interview Favro have gone unanswered News Source: TheStar.com Chrysler Jeep SUV Off-Road Vehicles Videos parking toronto coffee parking lot handicapped parking

Stellantis and LG launch joint venture for North American battery plant

Mon, Oct 18 2021

Stellantis has struck a preliminary deal with battery maker LG Energy Solution (LGES) to produce battery cells and modules for North America, as the world's No. 4 automaker rolls out its 30 billion euro ($35 billion) electrification plan. Global automakers are investing billions of euros to accelerate a transition to low-emission mobility and prepare for a progressive phase-out of internal combustion engines. Stellantis and LGES's joint venture will produce battery cells and modules at a new facility with an annual capacity of 40 gigawatt hours (GWh), the two firms said on Monday. No financial details of the deal were provided. The plant is scheduled to start production by the first quarter of 2024, with groundbreaking expected in the second quarter of 2022, the companies said in their statement. Its location is under review and will be announced later. Stellantis, formed in January from the merger of Italian-American automaker Fiat Chrysler and France's PSA, has said it wants to secure more than 130 GWh of global battery capacity by 2025 and more than 260 GWh by 2030. The batteries produced under the deal will supply Stellantis' U.S., Canadian and Mexican assembly plants for installation in hybrid and fully electric vehicles, supporting its goal of e-vehicles making up more than 40% of its U.S. sales by 2030. The company, whose brands include Peugeot, Fiat, Opel and U.S. best-sellers Jeep and Ram, earlier this year announced it would invest more than 30 billion euros through 2025 on electrifying its vehicle lineup. Stellantis has said it would build three battery plants in Europe and two in North America, including at least one in the United States. Intesa Sanpaolo analyst Monica Bosio said the deal was positive, and a further step ahead in Stellantis' electrification process. It comes weeks after Stellantis and its partner TotalEnergies agreed to open up their battery cell joint venture ACC to Daimler, to expand their European sourcing of battery cells. Stellantis is also targeting more than 70% of sales in Europe to be of low-emission vehicles by 2030, and aims to make the total cost of owning an EV equal to that of a gasoline-powered model by 2026. Related video: Green Plants/Manufacturing Alfa Romeo Chrysler Dodge Ferrari Fiat Jeep Maserati RAM Citroen Lancia Opel Peugeot Vauxhall Electric Hybrid EV batteries LG

Certain Chrysler owners eligible for buyback program

Mon, Jul 27 2015

Certain car owners whose Chrysler vehicles contain dangerous defects will soon have a way to get rid of their lemons without losing money. As part of an agreement with federal regulators, Fiat Chrysler Automobiles has agreed to buy back more than 500,000 vehicles susceptible to veering out of control without warning at above market-value prices. The deal mainly covers certain models of RAM trucks, the Dodge Dakota pickup and Dodge Durango SUV. Further, owners of more than 1.5 million Jeep Liberty and Grand Cherokees at heightened risk for lethal fires are eligible to trade in their vehicles at above market value or, alternately, get a gift certificate if they prefer to have repairs made. Chrysler has "a heavy responsibility to make sure the products they make are safe for the traveling public," said Mark Rosekind, administrator of the National Highway Traffic Safety Administration. "... Here, we are sending an unambiguous signal to industry that if you skirt the laws or violate the law, or don't live up to the responsibility that consumers expect, we are going to penalize you." The buy-back and trade-in options for motorists come as part of an unprecedented penalty NHTSA slapped against Chrysler for violating federal motor-vehicle safety laws. Chrysler will pay a $105 million fine, the highest ever levied by the regulatory agency. In addition to the buy-backs, Chrysler also agreed to an independent monitor for three years. Investigators had outlined problems in the company's conduct in 23 recalls that affected more than 11 million defect vehicles. As part of a consent-order agreement, Chrysler acknowledged it did not notify vehicle owners of recalls in an effective manner and did not notify NHTSA of safety problems. Though those recalls affected millions of drivers, the buy-back and trade-in options are only for a small portion of the vehicles involved. Because Chrysler struggled to fix the problem and no repair was apparent, Rosekind said the buy-backs are reserved "for customers who didn't have a remedy." Buy-backs are for trucks and SUVs affected by three recalls that occurred in 2013 (recalls 13V-038, 13V-527 and 13V-529), that addressed a rear-axle pinion nut that could come loose and cause a loss of vehicle control. Those recalls covered 579,228 vehicles, including 2009-2012 Ram 1500, 2500, 3500, 4500 and 5500 trucks, 2009-2012 Dodge Dakotas, 2009 Chrysler Aspen and the 2009 Dodge Durango.