Intel stock spikes after report of possible US government stake
Investing.com -- The U.S. National Highway Traffic Safety Administration (NHTSA) opened a recall query on Wednesday into approximately 299,000 Stellantis (NYSE:STLA) vehicles due to potential problems with shifter cable bushings.
The investigation follows a previous recall issued by Fiat (BIT:STLAM) Chrysler in April 2019 for certain Dodge Dart vehicles manufactured between February 2012 and October 2014.
That recall aimed to replace bushings with updated parts designed to resist deterioration from chemicals, oils, and solvents.
The agency’s Office of Defects Investigation has launched this new probe to assess the effectiveness of the original recall solution, identify the causes of the bushing failures, and examine other factors that might affect shifter cable functionality.
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