Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Jim Ratcliffe’s Ineos forced to recall 7,000 cars in the US after doors open mid-journey

by March 13, 2025
March 13, 2025
Jim Ratcliffe’s Ineos forced to recall 7,000 cars in the US after doors open mid-journey

In a setback for Sir Jim Ratcliffe’s automotive venture, Ineos Automotive has issued a recall for 7,000 Grenadier SUVs in the United States after reports that doors opened unexpectedly while driving.

According to filings with the US National Highway Traffic Safety Administration, the affected vehicles were assembled with insufficient grease on door-lock components, leading to sticking parts and mid-journey openings. Ineos confirmed that it will bear the cost of repairs.

This recall follows other production challenges for the Grenadier. Last year, the company halted manufacturing after a key supplier collapsed, forcing it to pause operations until the supplier issue was resolved. The SUV is produced at Ineos’ Hamback factory in France, where chief executive Lynn Calder is pursuing an ambitious strategy to expand output by over 40 per cent in 2025.

Despite these obstacles, Ineos Automotive has managed to distribute more than 20,000 vehicles globally, recently entering markets in Mexico and China. The Grenadier is now available in 50 countries. The firm itself sits within Sir Jim Ratcliffe’s wider business empire, which includes interests in chemicals and energy, among other sectors.

Separately, Ratcliffe has drawn headlines for his minority stake in Manchester United, acquired last year. He has since launched a cost-saving programme at the football club, warning that without his intervention, United risked running out of cash “by Christmas”. Nonetheless, the billionaire recently announced plans for a new £2bn stadium, a move he believes will secure the club’s long-term success despite its financial hurdles.

Read more:
Jim Ratcliffe’s Ineos forced to recall 7,000 cars in the US after doors open mid-journey

0
FacebookTwitterGoogle +Pinterest
previous post
The American Right Is Abandoning Mises
next post
Northern Arc: Liverpool and Manchester set to unite to rival Oxbridge corridor

You may also like

The five challenges and opportunities for UK SMEs...

March 2, 2025

Mark Carney Rules Out Role in Future Labour...

June 5, 2024

Tories plan stamp duty cut to win over...

October 21, 2023

A great way to easily earn passive income...

January 5, 2025

TUC urges Bank of England to halt ‘reckless’...

August 2, 2023

Amazon awards €100,000 Startup of the Year grant...

November 15, 2023

How London’s Work Culture is Changing Health Habits

February 4, 2025

Millions of Britons abandon X amid backlash against...

November 28, 2024

Exploring the Performance and Features of the Tata...

February 24, 2025

UK supreme court rules against collective bargaining rights...

November 21, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump vows to increase trade with India, Pakistan after praising ceasefire agreement: ‘A job well done!’

      May 11, 2025
    • FBI Deputy Director Bongino: Illegal alien criminals and child predators are next in ongoing crackdown

      May 11, 2025
    • Trump inks trade deal with UK, previews China trade negotiations during 16th week in office

      May 10, 2025
    • Denmark PM says ‘you cannot spy against an ally’ following reports of US spying on Greenland

      May 10, 2025
    • Mexico sues Google for changing ‘Gulf of Mexico’ to ‘Gulf of America’ after Trump’s order

      May 10, 2025
    • Massachusetts suspect charged with attempting to assassinate a Cabinet nominee

      May 10, 2025

    Categories

    • Business (7,932)
    • Investing (1,945)
    • Politics (15,168)
    • Stocks (3,073)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved