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Stock impact report

Chrysler recalls over 80K vehicles due to springs that may detach while driving [FOX Business Network]

Stellantis N.V. Common Shares (STLA) 
Chrysler is recalling more than 80,000 Jeep Grand Cherokees in the U.S. after discovering that rear coil springs could detach while driving, creating a potential road hazard. The recall covers 2021–2023 Jeep Grand Cherokee and 2021–2023 Jeep Grand Cherokee L models. In total, 80,620 vehicles are affected, though regulators estimate about 0.5% may have the defect, according to a Jan. 29 notice from the National Highway Traffic Safety Administration (NHTSA). "A rear coil spring that detaches from the vehicle while driving may create a road hazard to operators and occupants of other vehicles," NHTSA said. "Road hazards to operators and occupants of other vehicles can cause vehicles to crash without prior warning and/or may result in injury to other road users." The recall includes 29,139 Grand Cherokee vehicles built between June 30, 2021, and May 31, 2023, as well as approximately 51,481 Grand Cherokee L models produced between Dec. 5, 2020, and May 31, 2023, according to NHTSA. Show less Read more
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