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Chrysler recalls 265,000+ Ram vans over steering system defect risking power loss

Market News
07 Oct 2026
Fox Business
View Source
Bearish
Chrysler recalls 265,000+ Ram vans over steering system defect risking power loss

Chrysler is recalling over 265,000 Ram ProMaster cargo vans from model years 2022 to 2026 due to a defect in the electric power steering system. Water can enter the wiring harness, potentially causing damage and loss of power steering assistance without warning, increasing crash risk. Stellantis, the maker, is aware of one accident linked to this issue. Dealers will inspect and replace faulty parts free of charge, with owner notifications starting November 17.

The recall of over 265,000 Ram ProMaster vans due to steering defects is the subject here. For readers following Consumer Cyclical stocks, here is Pluang's market snapshot as of Oct 08, 2026 09:01 WIB: Of 112 priced US stocks, 36 rose and 76 fell. Notable movers include KMX at USD 53.35 with a -3.51% change, FIVE at USD 202.99 with -3.30%, and PHM at USD 112.33 with -3.25%.

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Samsung Wallet adds stablecoin support with Bastion providing custody and cross-border remittances

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A crypto trader opened a $33M 40x leveraged short on 400 BTC at $83K each.

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Lido to launch secure decentralized lending platform Lido Lend in Q4 2026 focusing on blue-chip assets.

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Paxos adds XRP support to its crypto brokerage platform for trading, custody, and transfers.

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