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Fiat Chrysler recalls 650,000 Dodge, Jeep SUVs for brake issue

Fiat Chrysler Automobiles said Tuesday it's voluntarily recalling nearly 650,000 Jeep Grand Cherokee and Dodge Durango SUVs to ensure that brake-booster shields were properly installed. The recall affects mostly vehicles sold in the U.S. but also roughly 60,000 combined in Canada and Mexico. The shields were installed in 2014 in conjunction with a recall involving the same set of vehicles, which cover the model years 2011 through 2014. A review of warranty data led to an FCA U.S. investigation that discovered the problem. FCA says it is aware of one potentially related accident, but no injuries. The shields are designed to keep water away from the boosters, lest it cause corrosion or freeze in cold temperatures and negatively affect brake performance. Brakes will still function even if boosters are compromised by water, FCA says, but drivers may experience brake-pedal firmness. In some cases, a potential booster issue may trigger a warning light or activation of the anti-lock brakes. Customers who've observed any of those conditions are urged to contact their dealers. The automaker says it plans to notify affected owners that free service to check and repair the issue if necessary will be available in early November. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Recalls Dodge Jeep Safety SUV FCA

FCA profits surge in second quarter

Fiat Chrysler Automobiles gave the cash register a beating in the second quarter, improving its net profit to 333 million euros ($364M US), which is a 263-percent jump over its reported Q1 profit of 92 million euros ($108M US). At the same time, FCA improved its global profit margin to 7.7 percent. Compared year-over-year, in Q2 2014 FCA reported net profit of 197 million euros making this year's Q2 a 69-percent increase, and profit margins a year ago were 4.9 percent. The two big factors for this increase are strong NAFTA sales and Jeep. In the US alone, Jeep sold 222,940 units in Q2 this year, a jump of almost 20 percent over the same period last year. Revenue in the NAFTA region totaled $18.8 billion, adjusted earnings before interest and taxes were $1.45 billion, both of those numbers more than doubling compared to 2014. The vastly better numbers come on marginally more global sales, 1,181,000 units sold in Q2 2014, 1,193,000 units sold in the same span this year. In the US, FCA began charging dealers one-percent more for vehicles to up the margins, a move that helped boost its US margin from 4.1 percent a year ago to 5.8 percent the first half of this year. The company is holding steady on its guidance of global deliveries at 4.8 million and its net profit guidance at $1.1 to $1.3 billion. It has increased its adjusted outlook for the year to $120.5 billion in revenue, and EBIT to "over $4.93 billion." News Source: Automotive News - sub. req.Image Credit: AP Photo/Carlos Osorio Earnings/Financials Chrysler Fiat Jeep FCA

Tour the Jeep Wagoneer Icon Reformer with its creator Jonathan Ward

Icon has released a plethora of amazing machines, and has more coming down the pike. One of the company's latest creations is a Jeep Wagoneer that was done as part of Icon's Reformer line, which Jonathan Ward, the head of Icon, explains is a thorough restoration and upgrade, but with a fresh restored finish. This is in contrast to the company's Derelict series that keeps the rough exterior while upgrading everything underneath. And the level of detail in the Reformer Wagoneer is amazing, as shown by this video from The Hoonigans in which Ward gives a tour of the SUV. Starting on the outside, the truck is pretty close to stock in appearance, though the color and faux wood trim were never offered on it. Badges are a mix of originals, and a few tweaked ones for use on this Jeep. For instance, the front fender badges now feature the engine displacement of the Chevy LS V8 under the hood. Also, the round Jeep badges front and rear now have the Icon lizard badge. Inside, custom upholstery was added featuring patio furniture fabric for durability and the nifty pattern. Anything that would have been plastic, such as some of the chrome trim and the gauge cluster fascia, or vinyl, such as the door panels, have been upgraded to genuine metal or leather components. Icon even re-created a casting for the steering wheel to replace the old one. As already mentioned, this Jeep Wagoneer has a Chevy LS V8 displacing 6.2 liters. It naturally connects to a four-wheel-drive system with a Dana 60-size rear axle and 44-size front axle. The chassis was built by Art Morrison, a company known for its custom vintage car chassis. The suspension consists of coilover shocks and springs from Fox Racing and Eibach respectively. This is all just a brief overview. Check out the whole video above for all the neat details. Related Video: Image Credit: The Hoonigans / YouTube Aftermarket Jeep SUV Off-Road Vehicles Classics Videos icon