STATEMENT: POWER INVERTER MODULE

Company press release.

May 9, 2014 , Auburn Hills, Mich. - Chrysler Group is replacing the power inverter module (PIM) in an estimated 4,141 electric cars to prevent coolant seepage that may cause power loss while driving.

A PIM alters electric current to accommodate battery-powered propulsion. A routine warranty data review prompted an investigation, during which Chrysler Group engineers discovered a PIM defect that may, over time, seep coolant onto electrical components, causing a short-circuit leading to power loss.

Chrysler Group is aware of five such incidents. The Company is unaware of any related injuries or accidents.

Chrysler Group is replacing PIMs in model-year 2013-14 Fiat 500e vehicles assembled between Sept. 24, 2012 and April 4, 2014. Affected customers, all of whom are in the U.S., will be contacted directly and advised when they may schedule service. Associated costs will be borne by the Company.

Customers who are concerned may call the Fiat Customer Assistance Center at 1-888-242-6342.

Chrysler Group takes seriously its commitment to safety and is conducting this campaign voluntarily. The U.S. National Highway Traffic Safety Administration has been advised.