TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
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.
