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0 -0.00077700077700076 -0.00077700077700076 0.00155400155400152 0 -0.00077700077700076 0.0021833721833722 0.00699300699300698
Stock impact report

Stellantis faces lawsuit over 'spontaneous fire risk' in some Jeeps [USA TODAY]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: USA TODAY
A complaint filed against the automaker's FCA US operating arm asserts that a defect exists in the power steering pump electrical connector that can cause fires in certain 2021-23 gas-powered and hybrid Jeep Wranglers and Gladiators when they are being driven or when they are parked. It names specific plaintiffs from Kentucky, California, Oregon and Tennessee, and says the vehicles have previously been recalled for other fire risks. The suit, filed Nov. 7 in U.S. District Court in Detroit, seeks unspecified damages and a repair, and follows an investigation of the issue by the National Highway Traffic Safety Administration into more than 781,000 Jeep vehicles. Asked about the investigation and the lawsuit, company spokesman Frank Matyok said, “We're cooperating with NHTSA's investigation.” An NHTSA filing cites under-hood fires while the vehicles have their ignitions turned off and counts nine reported incidents, including one injury. The agency's Office of Defects Investigat Show less Read more
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