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    STLA   NL00150001Q9

STELLANTIS N.V.

(STLA)
  Report
Delayed Borsa Italiana  -  11:41:03 2023-01-27 am EST
14.20 EUR   +1.01%
02:50pNew-Vehicle Sales Poised for Annual Gain in January as Inventory Rebounds, TrueCar Data Show
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09:53aThe Hidden Backbone : the Unmissable 'Beyond the Visible' Event Is Back
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04:45aDBRS Morningstar Upgrades Ratings on Stellantis N.V. to BBB (high) from BBB, Changes Trends to Stable
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Stellantis recalls 76,000 plug-in hybrid minivans over engine issue

01/24/2023 | 11:52am EST
Stellantis logo on a company's building in Velizy-Villacoublay near Paris

WASHINGTON (Reuters) - Automaker Stellantis' U.S. unit said on Tuesday it was recalling 76,000 plug-in hybrid electric minivans because of a short circuit issue that could cause engines to stall unexpectedly.

The recall covers 67,000 2017 to 2023 Chrysler Pacifica Hybrid minivans in the United States and about 9,000 in other countries. The automaker said an internal transmission wiring connector may short circuit, resulting in an unexpected engine shutdown.

Stellantis said it was aware of six customer assistance records, 242 warranty claims and 59 field reports potentially related to this issue but was unaware of any accidents or injuries potentially related to the recall. An internal review of customer data discovered reports of stalling in 0.2% of this vehicle population.

The automaker will update the power inverter software and, if needed, update the instrument panel cluster software. An inverter helps control the flow of electricity to and from the battery pack.

(Reporting by David Shepardson; Editing by Kirsten Donovan and Josie Kao)

By David Shepardson


ę Reuters 2023
Stocks mentioned in the article
ChangeLast1st jan.
STELLANTIS N.V. 1.02% 14.206 Real-time Quote.5.97%
STELLANTIS N.V. 1.01% 14.196 Delayed Quote.5.96%
All news about STELLANTIS N.V.
02:50pNew-Vehicle Sales Poised for Annual Gain in January as Inventory Rebounds, TrueCar Data..
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09:53aThe Hidden Backbone : the Unmissable 'Beyond the Visible' Event Is Back
AQ
04:45aDBRS Morningstar Upgrades Ratings on Stellantis N.V. to BBB (high) from BBB, Changes Tr..
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01/26Freedom of Mobility Forum Announces Advisory Board to Guide March 29 Online Public Deba..
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01/26Battery giant CATL launches factory for millions of car batteries
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01/26UK car production sinks to lowest level since 1950s
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01/24Stellantis recalls 76,000 plug-in hybrid minivans over engine issue
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01/24Freedom of Mobility Forum Announces Advisory Board to Guide March 29 Online Public Deb..
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01/24Freedom of Mobility Forum Announces Advisory Board to Guide March 29 Online Public Deb..
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01/24Stellantis N : Freedom of Mobility Forum Announces Advisory Board to Guide March 29 Online..
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Analyst Recommendations on STELLANTIS N.V.
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Financials
Sales 2022 177 B 192 B 192 B
Net income 2022 15 442 M 16 763 M 16 763 M
Net cash 2022 25 797 M 28 003 M 28 003 M
P/E ratio 2022 2,88x
Yield 2022 8,91%
Capitalization 45 617 M 49 519 M 49 519 M
EV / Sales 2022 0,11x
EV / Sales 2023 0,10x
Nbr of Employees 281 595
Free-Float 75,9%
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Technical analysis trends STELLANTIS N.V.
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TrendsBullishNeutralNeutral
Income Statement Evolution
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Mean consensus BUY
Number of Analysts 23
Last Close Price 14,20 €
Average target price 20,27 €
Spread / Average Target 42,8%
EPS Revisions
Managers and Directors
Carlos Tavares Chief Executive Officer & Executive Director
Richard Keith Palmer Chief Financial Officer
John Jacob Philip Elkann Chairman
Harald J. Wester Chief Engineering Officer
Ned Curic Chief Technology Officer
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