Ford Faces Regulatory Scrutiny Related to Previous Recalls [Yahoo! Finance]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Yahoo! Finance
Administration (NHTSA). The agency has now launched two separate investigations into recent recalls. The first probe involves approximately 113,000 Ford Expeditions from model years 2019–2020. In February, Ford recalled about 78,000 of these SUVs due to a seatbelt issue where the belts could tighten up and hold people even if there was no crash. NHTSA received complaints from three owners whose vehicles were not included in the recall but experienced the same problem. The agency is investigating whether the recall needs to be expanded. The second investigation covers about 457,000 Ford Bronco Sport SUVs and Maverick small pickups. In April, Ford recalled selected 2021–2024 Bronco Sports and 2022–2023 Mavericks because of a risk of sudden power loss. However, NHTSA has logged five complaints from owners who experienced power loss even after their vehicles underwent the recall fix. The issue is linked to degraded 12-volt batteries and the agency will assess whether the recall effect
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F
Earnings
- 10/28/24 - Miss
F
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- F's page on the SEC website