Chrysler Group Statement Regarding NHTSA Engineering Analysis of 1993-2004 Jeep Grand Cherokee, 1993-2001 Jeep Cherokee and 2002-2007 Jeep Liberty

June 14, 2012 , Auburn Hills, Mich. - Chrysler Group is cooperating fully with NHTSA regarding an investigation into 1993-2004 model year Jeep Grand Cherokee, 1993-2001 Jeep Cherokee and 2002-2007 Jeep Liberty vehicles. It is important to note that this is still an investigation, not a recall.

In connection with this investigation, Chrysler Group studied publicly available data involving more than 21,000 rear impacts in the original subject vehicle – the 1993-2004 Jeep Grand Cherokee -- and peers. It is apparent from this study that rear impacts resulting in a fire are extremely rare, rear impacts resulting in a fire occur no more often in 1993 – 2004 Jeep Grand Cherokee vehicles than in peer vehicles and the 1993 – 2004 Jeep Grand Cherokee vehicles are at no greater risk of exposure to fire in rear end collisions than peer vehicles.

Accordingly, Chrysler Group has concluded that 1993-2004 Jeep Grand Cherokee vehicles are neither defective nor do their fuel systems pose an unreasonable risk to motor vehicle safety in rear impact collisions. We would expect that a similar analysis of subject vehicles recently added to this investigation would support a similar conclusion. The 1993-2004 Jeep Grand Cherokee and other subject vehicles meet or exceed all applicable federal motor vehicle safety standards and have excellent safety records with hundreds of billions of vehicle miles driven.

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