Stellantis is telling owners of nearly 220,000 Jeep Cherokee SUVs worldwide to park them outdoors and away from other vehicles because the power liftgates can catch fire even when the engines are off.
The company is recalling certain Cherokees from the 2014 through 2016 model years. Water can get into the liftgate control computer, causing an electrical short that can touch off a fire.
The company says it hasn’t developed a fix yet. Owners will get notification letters starting June 30. Stellantis says the problem was caught in a routine review of customer data.
It's not clear how many of the small SUVs have caught fire. Stellantis says in documents posted Tuesday by the U.S. National Highway Traffic Safety Administration that it has 50 customer assistance records, 23 warranty claims and 21 field reports due to the issue. The company says it's not aware of any injuries.
The power liftgates may stop working before the SUVs catch fire.
Stellantis recalled many of the same vehicles in 2015 to fix a similar problem.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
