Ticker: 32,000 Jeep Wrangler hybrids recalled; Unemployment claims drop by 24,000

Automaker Stellantis on announced a recall of more than 32,000 of its hybrid Jeep Wrangler SUVs because they pose a potential fire risk.

As part of what the company described as a routine review of customer information, Stellantis determined that eight of the hybrid Wranglers had caught fire while they were turned off and parked. Six of the vehicles were being charged when the fires started. The company said it doesn’t believe anyone was hurt in the fires.

The recall covers 2021-2024 models of the Jeep Wrangler 4xe SUVs. All other Wrangler models have been deemed safe by Stellantis, which maintains its U.S. headquarters in Auburn Hills, Michigan.

The SUVs affected by the recall can still be driven until they are fixed, but Stellantis is recommending they be parked away from buildings and not be charged until they can be repaired. The fixes involve either resetting or updating the software, or replacing the vehicle’s battery pack.

Stellantis plans to contact the owners of the SUVs that need to be fixed.

Unemployment claims drop by 24,000

The number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates.

The Labor Department reported Wednesday that jobless claims dropped by 24,000 to 209,000. The previous week’s total — 233,000 — had been the highest since August. The four-week moving average of claims, which smooths out week-to-week volatility, fell by 750 to 220,000.

Overall, 1.84 million Americans were receiving unemployment benefits the week that ended Nov. 11, down by 22,000 from the week before.

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