Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Instagram Outage Disrupts Thousands of U.S. Users 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
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.
