Stellantis N.V. (NYSE:STLA) shares are trading higher on Monday. On Thursday, the parent company of Chrysler reportedly disclosed a recall of 1.46 million vehicles worldwide.
The recall covers nearly 1.23 million Ram 1500 trucks from the 2019 and 2021-2024 model years in the U.S.
About 159,000 vehicles in Canada, 13,000 in Mexico, and 61,000 elsewhere have also been recalled, reported Reuters.
The National Highway Traffic Safety Administration (NHTSA) reported that a software malfunction could disable the electronic stability control system via the anti-lock brake system control module.
These ...
