Stellantis Recalls Over 1.5 Million Ram 1500 Trucks Globally Due to Rear Seat Belt Defect

Stellantis (STLA) announced a global recall of more than 1.5 million Ram 1500 pickup trucks due to a defect in the rear seat belt system, which could potentially fail during an accident. The company's shares dropped approximately 2.2% on Friday following this news reported by Reuters. This recall follows another day where Stellantis' stock had already declined, compounding investor concerns over product safety and potential financial implications from large-scale recalls.

By Soumendra Mukherjee, SA News Editor · Seeking Alpha ·

Stellantis Recalls Over 1.5 Million Ram 1500 Trucks Globally Due to Rear Seat Belt Defect

Tickers: $STLA

Topics: automotive recall stock_movement

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