China’s New Home Prices Post Sharpest Drop Since 2022 Amid Ongoing Property Slump 
FAA Plans Flight Reductions at Chicago O’Hare as Airlines Ramp Up Summer Schedules 
Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea 
USITC to Review Impact of Revoking China’s PNTR Status, Potentially Raising Tariffs on Chinese Imports 
U.S. Stocks Close Lower as Hot PPI Data, Nvidia Slide Weigh on Wall Street 
Coupang Reports Q4 Loss After Data Breach, Revenue Misses Estimates 
Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding 
Oil Prices Steady as US-Iran Nuclear Talks and Rising Crude Inventories Shape Market Outlook 
Trump Orders Federal Agencies to Halt Use of Anthropic AI Technology 
Australian Job Advertisements Hit 16-Month High as Labour Market Stays Resilient 
Nvidia to Launch New AI Inference Processor to Boost OpenAI Performance 
Strait of Hormuz LNG Crisis Triggers Global Energy Market Shock 
Netflix Declines to Raise Bid for Warner Bros. Discovery Amid Competing Paramount Skydance Offer 
Paramount Skydance to Acquire Warner Bros Discovery in $110 Billion Media Mega-Deal 
Meta Signs Multi-Billion Dollar AI Chip Deal With Google to Power Next-Gen AI Models 
MOEX Russia Index Hits 3-Month High as Energy Stocks Lead Gains 
Stellantis Corporation, the parent company of Chrysler, is recalling 19,808 plug-in hybrid minivans with mode years of 2017 and 2018. The recall was issued after the discovery of 12 fire incidents related to the said vehicle model.
As per Reuters, Stellantis is urging owners of the 2017-2018 Chrysler Pacifica Hybrid vehicles to stop recharging their units. The incidents of fire were said to have happened to parked vehicles.
It was reported the vehicles that caught fire were all parked, and their engines were turned off. Out of the 12 cases, eight of them were connected to chargers when they ignited. As of this time, Stellantis is not aware of any injuries or accidents related to the recall.
As a precaution, Stellantis told owners to avoid recharging their plug-in hybrid minivans and choose a parking space that is far from structures and other vehicles. At any rate, Stellantis issued the recall for the minivans so it could resolve the defect and eliminate the fire risk as soon as possible.
Currently, the company is working to determine what is causing the fires. Since the issue is connected to charging, owners can continue using their units using the internal combustion engine.
As stated by Stellantis in a press release, "Stellantis is working to confirm the cause of the fires. The remedy, when developed, will be provided free of charge, and affected customers will be advised when they may schedule service."
The recall affects Chrysler Pacifica Hybrid minivans in three regions, and these are 16,741 in the United States, 2,317 in Canada, and 750 outside North America. The Amsterdam, Netherlands, headquartered automotive company said it will be reaching out to the owners, and recall notifications are set to be sent out via mail next month.
The flaw was detected after Stellantis carried out a routine company review of customers' data, and the results prompted an internal investigation. This led to the discovery of 12 fire incidents on the Chrysler Pacifica Hybrid minivans.
Meanwhile, Detroit Free Press noted that Stellantis, which owns the Fiat, Chrysler, Dodge, Jeep, and Ram, voluntarily issued the recall. The company also clarified that aside from the 2017 and 2018 models, the other Pacifica models are not affected.
