Ineos Automotive, owned by billionaire businessman and Manchester United co-owner Sir Jim Ratcliffe, has recalled over 7,000 Grenadier SUVs in the U.S. due to a faulty door latch.
The National Highway Traffic Safety Administration (NHTSA) warned that some latches might not engage properly. This defect could cause doors to open while driving, posing a serious risk to passengers.
To resolve the issue, Ineos Automotive will replace all door button assemblies on affected vehicles at no cost to owners. The recall applies to Grenadier SUVs manufactured between July 6, 2023, and April 19, 2024.
An NHTSA report revealed that some vehicles had door buttons assembled without enough grease, causing them to stick in a depressed position and preventing the doors from fully latching.
Production Setbacks and Financial Struggles
This recall adds to Ineos Automotive’s ongoing challenges. Last year, the company halted production temporarily when one of its suppliers went bankrupt.
Launched in 2022, the Grenadier SUV was inspired by the classic Land Rover Defender. Sir Jim Ratcliffe founded Ineos Automotive after Jaguar Land Rover stopped producing the Defender, a decision he opposed.
Initially, the company planned to build the vehicle in Wales, but Ratcliffe later moved production to France, disappointing many in the UK, especially after his pro-Brexit stance in 2016.
Today, Ineos reports that around 20,000 Grenadiers are in use across 50 countries. However, the company faces financial difficulties, losing over €1.4 billion (£1.1 billion, $1.5 billion) before tax in 2023, according to Companies House filings.
Jim Ratcliffe’s Expanding Business Ventures
Sir Jim Ratcliffe, one of the UK’s wealthiest individuals, continues to grow his business empire. He currently owns 27.7% of Manchester United, making him a key stakeholder in the club.
Despite financial losses and manufacturing setbacks, Ineos remains committed to the automotive sector. The company recently unveiled the Ineos Fusilier, an electric SUV, signaling its plans for future expansion. However, the latest recall raises concerns about quality control and Ineos Automotive’s long-term sustainability.
