Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Italy court allows class action against Stellantis over faulty airbags
    Finance

    Italy Court Allows Class Action Against Stellantis Over Faulty Airbags

    Published by Global Banking & Finance Review®

    Posted on April 14, 2025

    2 min read

    Last updated: January 24, 2026

    Add as preferred source on Google
    Italy court allows class action against Stellantis over faulty airbags - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    An Italian court has approved a class action against Stellantis over faulty Takata airbags. Affected vehicle owners have 150 days to join the lawsuit.

    Italy Court Approves Class Action Against Stellantis Airbags

    MILAN (Reuters) - A civil court in Turin, Italy, has ruled admissible a class action suit against Stellantis concerning potentially faulty airbags made by Japanese automotive parts company Takata, Stellantis and two consumer groups behind the legal action said on Monday.

    Affected vehicle owners have 150 days to join the class action, the two consumer groups Codacons and Altroconsumo said in two separate statements. They added that a court hearing on the case had been adjourned to November 21.

    Similar legal actions against Stellantis have already been launched in France.

    Stellantis took note of the court's decision, saying in a statement it was working "tirelessly" on its recall campaign and was reserving "the right to consider any appropriate initiative in the context of the ongoing proceedings."

    It noted that the decision "concerns only the admissibility of the class action, and neither the alleged liability of (Stellantis) nor the damages claimed, the assessment of which is postponed to a later stage of the proceedings."

    The Codacons association, which filed the class action request on behalf of other consumer groups as well, said requested compensation could amount to up to 285 million euros ($323 million).

    Stellantis launched last year a vast "Stop Drive" recall campaign for Takata airbags affecting hundreds of thousands of Citroen and DS models made between 2009 and 2019 and located in 24 different countries in Southern Europe, Africa and the Middle East.

    These airbags can cause serious injuries or death because the chemicals they contain can deteriorate in hot and humid weather conditions, causing them to deploy with too much force, according to the company's recall statement.

    Takata Group filed for bankruptcy in 2017.

    Stellantis was created in early 2021 through the merger of France's Peugeot and Citroen maker PSA and Italian-American group Fiat Chrysler. Its other brands include Jeep and Alfa Romeo.

    ($1 = 0.8817 euros)

    (Reporting by Giulio Piovaccari, editing by Alvise Armellini and Aurora Ellis)

    Key Takeaways

    • •Italian court approves class action against Stellantis.
    • •Faulty Takata airbags are the focus of the lawsuit.
    • •Affected owners have 150 days to join the action.
    • •Stellantis is conducting a 'Stop Drive' recall campaign.
    • •Potential compensation could reach 285 million euros.

    Frequently Asked Questions about Italy court allows class action against Stellantis over faulty airbags

    1What is the main topic?

    The main topic is a class action lawsuit against Stellantis in Italy over faulty Takata airbags.

    2Who can join the class action?

    Affected vehicle owners have 150 days to join the class action lawsuit.

    3What is the potential compensation?

    The requested compensation could amount to up to 285 million euros.

    More from Finance

    Explore more articles in the Finance category

    Image for Japan denies report government asked trading houses to join Russia visit in May
    Japan Denies Report Government Asked Trading Houses to Join Russia Visit in May
    Image for Exclusive-Oil giants show early interest in US Gulf deepwater field stake, sources say
    Exclusive-Oil Giants Show Early Interest in US Gulf Deepwater Field Stake, Sources Say
    Image for Ferretti board says sweetened KKCG Maritime offer 'not fair or reasonable'
    Ferretti Board Says Sweetened Kkcg Maritime Offer 'not Fair or Reasonable'
    Image for Trading Day: Oil Strait back up again
    Trading Day: Oil Strait Back up Again
    Image for Kremlin aide Ushakov says Strait of Hormuz is open for Russia, Ifax reports
    Kremlin Aide Ushakov Says Strait of Hormuz Is Open for Russia, Ifax Reports
    Image for ECB's Villeroy says it is too soon to say when rates could rise
    ECB's Villeroy Says It Is Too Soon to Say When Rates Could Rise
    Image for Exclusive-Italy to get LNG from QatarEnergy-Exxon's US Golden Pass from June, sources say
    Exclusive-Italy to Get Lng From QatarEnergy-Exxon's US Golden Pass From June, Sources Say
    Image for Britain agrees full text of US-UK pharmaceutical trade deal
    Britain Agrees Full Text of US-UK Pharmaceutical Trade Deal
    Image for European Q1 corporate profits expected to grow 4% helped by booming energy sector
    European Q1 Corporate Profits Expected to Grow 4% Helped by Booming Energy Sector
    Image for Austria denied US access to its airspace for Gulf military operations, reports newspaper
    Austria Denied US Access to Its Airspace for Gulf Military Operations, Reports Newspaper
    Image for Cleaning products firm McBride raises prices on Iran war energy hit
    Cleaning Products Firm McBride Raises Prices on Iran War Energy Hit
    Image for How US home-service trades are navigating the hidden admin overload
    How US Home-Service Trades Are Navigating the Hidden Admin Overload
    View All Finance Posts
    Previous Finance PostGold Takes a Breather After Record Run as Risk Sentiment Improves
    Next Finance PostAppliance Maker Beko Strikes Deal to Limit Job Losses in Italy