Stellantis will recall 331,401 Jeep Grand Cherokees after discovering that the rear coil springs can detach from the vehicle while driving.
The spring, which can break off the car because of incorrect installation, could result in a “crash without prior warning” and could cause damage to other vehicles and “vulnerable road users” such as motorcyclist, bicyclists or pedestrians.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
STLA | STELLANTIS NV | 16.86 | +0.42 | +2.55% |
The recall affects 114,30 Jeep Grand Cherokee vehicles as well as 217,099 Jeep Grand Cherokee L models. These models were built with a rear coil spring that may not be correctly installed, allowing the coil spring to come out of position.
NO RESERVATIONS: FORD IS CHARGING UP ELECTRIC F-150 LIGHTNING PRODUCTION
The suspect period began on Dec. 5, 2020, when vehicles with a potentially out of position rear coil spring started production, and ended on May 31, 2023, when FCA US LLC (Stellantis) no longer shipped vehicles with a potentially out of position rear coil spring.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
STLA | STELLANTIS NV | 16.86 | +0.42 | +2.55% |
GM INVESTING $500 MILLION TO BUILD BIG NEW INTERNAL COMBUSTION-POWERED SUVS
A Stellantis spokesperson told FOX Business that, “While the defect is estimated to be present in approximately 13% of the recall population, customers are urged to follow the instructions on the notices scheduled for mailing next month.”
This means that of the 331,401 vehicles being recalled, as few as 43,082 could have the issue.
Jeep Grand Cherokee models built outside this window or with an air suspension system are not affected and as of May 25, 2023, FCA US is not aware of any accidents or injuries caused by the defect.
CLICK HERE TO GET THE FOX BUSINESS APP