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.
The Ether Machine, led by CEO David Merin, announces a $1.5B SPAC IPO. The firm holds 400K ETH, making it the largest Ethereum treasury holder globally.
President Donald Trump pulled a rabbit out of his trade war hat this week, announcing a trade deal with Japan putting 15% tariffs on most Japanese imports.
Nextdoor CEO Nirav Tolia shares how the neighborhood app's redesign aims to inform, connect, and protect communities with smarter features and local insight.
Tim Bohen dives into the 'Trump Trade,' renewed tariffs, waning uncertainty, corporate guidance, and what the Fed’s next move means for traders and markets.
Wall Street icon Peter Tuchman dives into Apex Trader Funding’s partnership with Wall Street Global Trading Academy and what it means for the next-gen trader.
Matthew Frankel, contributing analyst at The Motley Fool, discusses the recent SPAC resurgence, investor interest, and what the data says about their future.
Axios’ Neil Irwin unpacks the political clash as the White House explores legal pathways to dismiss Fed Chair Powell, threatening central bank independence.
