Stellantis Recalls 250K Vehicles in the US Due to an Airbag Defect

Stellantis N.V. STLA is recalling 250,651 vehicles in the United States because of a defect in the side curtain airbags that may not be properly sealed, per the U.S. National Highway Traffic Safety Administration (NHTSA). The recall covers specific 2022–2025 Pacifica and Voyager models.Per NHTSA, if the air bag cannot maintain sufficient pressure, it could raise the risk of passenger ejection and injury in a crash. Dealers will inspect and, if needed, replace the side curtain airbags at no cost to owners.Stellantis has not received any reports of injuries or crashes linked to the issue and advised customers to follow the recall notice instructions.In the first quarter of 2025, Stellantis reported net revenues of €35.8 billion, down 14% from the first quarter of 2024. This drop was mainly driven by reduced shipment volumes, along with an unfavorable product mix and pricing environment. Consolidated shipments fell 9% to 1.22 million units, largely due to lower production in North America caused by extended holiday shutdowns in January, ongoing product transitions and weaker demand for light commercial vehicles in Enlarged Europe.However, in Europe, the company began to regain market share thanks to seven major new product launches. Its first-quarter 2025 market share rose to 17.3%, up 190 basis points from the fourth quarter of 2024, reaching its highest level since the first quarter of 2024.The changes in the tariff policy landscape compared to when Stellantis originally set its 2025 outlook have led the company to take the cautious step of temporarily suspending its financial guidance.STLA’s Zacks Rank & Key PicksStellantis carries a Zacks Rank #3 (Hold) at present.Some better-ranked stocks in the auto space are Strattec Security Corporation STRT, Allison Transmission Holdings, Inc. ALSN and Ferrari N.V. RACE, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for STRT’s fiscal 2025 sales and earnings implies year-over-year growth of 3.49% and 8.11%, respectively. EPS estimates for fiscal 2025 and 2026 have improved 73 cents and 91 cents, respectively, in the past 60 days.The Zacks Consensus Estimate for ALSN’s 2025 earnings implies year-over-year growth of 6.26%. EPS estimates for 2025 and 2026 have improved 54 cents and 53 cents, respectively, in the past 60 days.The Zacks Consensus Estimate for RACE’s 2025 sales and earnings implies year-over-year growth of 13.56% and 7.97%, respectively. EPS estimates for 2025 and 2026 have improved 29 cents and 33 cents, respectively, in the past seven days. Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Strattec Security Corporation (STRT): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report Stellantis N.V. (STLA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks