Stellantis Recalls Over 1M Trucks On Faulty Tailgate Issue

Stellantis NV STLA is recalling 1.23 million pickup trucks due to faulty tailgates.
Stellantis' investigation discovered that tailgate striker plates on certain pickup trucks might not be sufficiently aligned to accommodate complete closure.
Went unchecked, the condition may put unsecured cargo at risk of spilling onto a roadway.
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The recalled models include 2019 through 2022 model-year Ram 1500, 2500, and 3500 pickup trucks.
Vehicles equipped with Ram’s multifunction tailgate and Ram 1500 Classic pickups are unaffected.
Vehicles with sensors alerting drivers about insecure tailgates are also excluded from the recall.
Stellantis said it had not received reports of injuries or crashes.
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Price Action: STLA shares are trading higher by 0.61% at $14.73 in premarket on the last check Wednesday.