Stellantis Shares Defy Recall Pressure Amid U.S. Sales Slump

Stellantis NV (STLA) shares edged higher in premarket trading Monday despite the automaker announcing another vehicle recall in the U.S. market. The Franco-Italian manufacturer flagged 123,000 Chrysler Jeep Wagoneer and Grand Wagoneer vehicles for detached window trim pieces - marking its second such recall in two weeks.

The latest safety action follows a similar 164,000-unit recall last week and comes as Stellantis grapples with declining U.S. sales. Both recalls address potential crash risks from loose trim components, affecting models produced between 2022-2024, with the earlier action extending to 2025 vehicles.

Investors appeared to shrug off the news, pushing shares up 1% in early trading. The recalls compound existing challenges for Stellantis, including tightening tariffs and competitive pressures in key markets.