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New York Post
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Stellantis recalls 298K Dodge vehicles in US over rollaway risk

1. Stellantis recalls 298,000 Dodge vehicles due to park function glitch. 2. Approximately 5,969 vehicles may face rollaway risks from a faulty shifter cable. 3. No known accidents or injuries linked to the recall reported by Stellantis. 4. Vehicles previously recalled in 2019 for similar issues must undergo new repairs. 5. Remedy development ongoing, notifications to owners by Nov. 2025.

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FAQ

Why Bearish?

Recalls typically harm brand reputation and investor confidence, seen in past recalls impacting stock prices negatively.

How important is it?

High volume recall and prior similar recalls indicate persistent quality issues affecting brand equity.

Why Short Term?

Immediate public safety concerns may influence investor sentiment and hence stock price in the near term.

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