Stellantis Recalls Jeep SUVs Due To Potential Fire Risk

Stellantis NV STLA is recalling Jeep Cherokee SUVs due to possible fire risk.
Chrysler-parent Stellantis is recalling 219,000 Jeep Cherokee SUVs worldwide for fire risks and warned owners to park outside until repairs are made, reported Reuters.
The recall pertains to the model year 2014-2016 Jeep Cherokee vehicles.
An electrical short in the power lift gate module may lead to a vehicle fire with the ignition on or off. This recall includes 132,099 vehicles previously repaired during a 2015 recall.
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The report quoted the automaker stating, "owners are advised to park outside and away from structures until the recall repair is complete."
Recently, Stellantis halted construction at its C$5 billion ($3.7 billion) battery plant in Windsor, Ontario, claiming that the Canadian government still needs to meet its financial commitment to the company.
"As of today, the Canadian Government has not delivered on what was agreed to therefore Stellantis and LG Energy Solution will immediately begin implementing their contingency plans," the EV maker told Benzinga.
Price Action: STLA shares are trading lower by 1.15% at $15.91 on the last check Tuesday.