Investing.com - Fiat Chrysler Automobiles NV (NYSE:FCAU) shares were higher on Tuesday, shrugging off the company’s recall of nearly half a million trucks.
The trucks were recalled to fix faulty pumps that could cause overheating and engine fires. An estimated 494,417 Ram heavy-duty 2500 and 3500 pickup trucks and certain medium-duty chassis cabs are affected.
This is the second time Fiat Chrysler had a major recall of trucks this year.
Fiat Chrysler’s shares were recently up 2.2%.