Chrysler Recalls Over 4000 Plug-in Hybrid Vehicles Citing Risks Of Fire
Portfolio Pulse from Anan Ashraf
Stellantis NV (NYSE:STLA) owned Chrysler is recalling over 4000 plug-in hybrid vehicles due to fire risks. The recall affects the 2023-24 Alfa Romeo Tonale and Dodge Hornet models. The issue is due to certain cables not being tightened properly, which may cause the electrical connections to overheat and potentially cause a fire.
September 14, 2023 | 9:06 am
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Stellantis NV, the parent company of Chrysler, is recalling over 4000 plug-in hybrid vehicles due to fire risks. This could potentially impact the company's reputation and sales.
The recall of over 4000 vehicles due to fire risks could potentially harm Stellantis NV's reputation and affect sales of the affected models. This could lead to a decrease in the company's stock price in the short term.
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