Stellantis Shanghai to recall imported Jeep Wrangler and Grand Cherokee 4xe hybrids in China
Stellantis (Shanghai) Automobile Co. has filed a recall plan with the State Administration for Market Regulation.
Under the plan, the company will recall 979 imported Jeep Wrangler hybrid vehicles manufactured between September 5, 2023, and March 26, 2024, along with 1,178 imported all-new Grand Cherokee 4xe hybrid vehicles manufactured between July 19, 2023, and October 9, 2023.
Sand particles produced during casting can intrude into internal engine components and cause engine failure.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is negative for Conventional Vehicles, with intensity 20/100 and 70% confidence over a short term horizon.
Conventional Vehicles
- Direction
- negative
- Intensity
- 20
- Confidence
- 70%
- Horizon
- Short term
New Energy Vehicles
- Direction
- negative
- Intensity
- 15
- Confidence
- 60%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.