DaimlerChrysler Corp.

A class action lawsuit was filed on behalf of all those who bought or leased Jeep Grand Cherokees from 1999 to 2004. The 1.2 million vehicles allegedly had defective front brake discs or rotors and defective brake housings or calipers, resulting in uneven disc thickness that caused pulsation when the brakes were applied and sometimes led to brake failure. A New Jersey judge has approved a $14.5 million settlement in the national class action. (Dec-29-06) [LAW.COM: JEEP BRAKES SETTLEMENT]

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