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Stock impact report

Regulators investigate possible braking error in over 360,000 Ford crossover SUVs [USA TODAY]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: USA TODAY
USA TODAY Auto safety regulators are looking into more than 360,00 Ford crossover SUVs following reports of brake system failures. A total of 36 complaints have come in reporting errors with failing to break, according to the National Highway Traffic Safety Administration. The agency is looking into about 368,000 vehicles that would be affected by the issue, which involves a rear brake hose failure that may delay the vehicle's ability to stop suddenly. While an official recall has not been issued, the investigation is meant to "determine the scope and severity of the alleged problem, and to fully assess the potential safety-related consequences." The Ford Motor Company confirmed to USA TODAY that it is cooperating with the agency through the investigation. In 2020, the company recalled around 488,000 Ford Edge and Lincoln MKX vehicles due to similar brake hose failures, reported. Over 130,000 Ram vehicles and 27,000 Tesla cybertrucks recalled The investigation announcem Show less Read more
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