Stellantis to recall 1.46M vehicles in the U.S. (NYSE:STLA)

Update: 2.34 PM EST: Includes Stellantis’ comments about global recall

Chrysler owner Stellantis (NYSE:STLA) on Saturday announced plans to recall 1.46M vehicles worldwide, including nearly 1.2M vehicles in the U.S., due to a software malfunction in the anti-lock brake system that can increase the risk of a crash.

The recall includes about 159K vehicles in Canada, 13K in Mexico, and 61K outside North America, the company said, adding that it is not aware of any related injuries or crashes.

Previously: Stellantis (STLA) is recalling about 1.2M vehicles in the U.S. due to concerns that a software issue related to the anti-lock brake system (ABS) could increase the risk of a crash, the National Highway Traffic Safety Administration (NHTSA) said on Saturday.

The recall of 1,227,808 vehicles includes the 2019 model version of the RAM 1500 pickup truck and those manufactured between 2021 and 2024, several media outlets reported, citing a recall acknowledgment letter.

“Due to a software malfunction, the anti-lock brake system (ABS) control module may disable the electronic stability control system,” the NHTSA said, according to Reuters.

The agency added that dealers will update the ABS control module software free of charge as a solution. Notification letters will be sent to vehicle owners on Oct. 3, 2024.

The Dutch automaker was informed of the malfunction in February, leading to further investigations in March and April. Subsequently, Fiat Chrysler Automobiles conducted a voluntary recall on Aug. 30, triggering NHTSA’s recall confirmation this week.

Separately, Stellantis (STLA) announced the recall of 32,863 Jeep Gladiator vehicles manufactured between 2020-2024 and Jeep Wrangler vehicles manufactured between 2018-2024. That recall was due to an issue in the vehicle’s instrument panel cluster that can lead to a potential internal short circuit and increase the crash risk.