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What will be the amount of the first major lawsuit settlement related to the Ram truck recall by end of 2024?
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Resolution / Starting Odds
Less than $50 million • 25%
$50 million - $100 million • 25%
$100 million - $200 million • 25%
More than $200 million • 25%
Court records or news reports
Story
Stellantis Recalls 1.46 Million Ram Trucks Globally Over Stability Control Issue
Sep 7, 2024, 04:42 PM
Stellantis, the parent company of Chrysler, is recalling nearly 1.5 million Ram pickup trucks worldwide due to a software malfunction in the anti-lock brake system that can disable the electronic stability control system, increasing the risk of a crash. The National Highway Traffic Safety Administration (NHTSA) announced that dealers will update the anti-lock brake system control module software to remedy the issue. The recall affects approximately 1.2 million vehicles in the United States, including 1,227,808 vehicles specifically due to the disabled electronic stability control system. In total, 1.46 million vehicles are being recalled globally.
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Less than $10 million • 25%
$10 million to $50 million • 25%
More than $50 million • 25%
No settlement • 25%
Less than $500 million • 25%
$500 million - $1 billion • 25%
$1 billion - $1.5 billion • 25%
More than $1.5 billion • 25%
Investments proceed as planned • 25%
Investments delayed • 25%
Investments canceled • 25%
Investments increased • 25%
Stellantis Wins • 25%
UAW Wins • 25%
Settlement Reached • 25%
Case Dismissed • 25%
Settlement reached • 25%
Court rules in favor of Stellantis • 25%
Court rules in favor of UAW • 25%
Case dismissed • 25%
Yes • 50%
No • 50%
Settlement in favor of claimants • 25%
Settlement in favor of US Navy • 25%
Settlement reached mutually • 25%
Case dismissed • 25%
Less than $8.2 billion • 25%
$8.2 billion to $10 billion • 25%
$10 billion to $12 billion • 25%
More than $12 billion • 25%