Big Three US automaker, Chrysler-Dodge-Jeep-Ram arm, North America subsidiary of Stellantis
Stellantis has unveiled a plan to roll out nine new models under $40,000 by 2030, aiming to revive US volume and stabilize margins. The move includes new Ram, Dodge, and Jeep entries, alongside cost-cutting measures after heavy investments in electrification and a prior $26 billion annual loss.
Stellantis has announced a global recall affecting around 1.3 million Jeep Wrangler SUVs and Gladiator pickups from 2021–2025 amid an electrical wiring fault in the power-steering system that could overheat and cause fires. The company has identified 72 potential incidents, including one injury, and is urging owners to park outside until repairs are completed, with a fix expected by July.
A Toronto court has found Frank Stronach, founder of Magna International, guilty on two counts of sexual assault related to incidents involving two complainants. The verdict follows a long trial covering allegations from the 1970s through the 1990s. Prosecutors say more charges remain pending and await sentencing.
Ford has redesigned its quality controls by pairing AI with veteran engineers, lifting its JD Power Initial Quality Study ranking to the top among mainstream brands. The move comes after years of recalls and a shift to more hands-on oversight that mentors the next generation of workers.