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Ford recalled 350,000 total vehicles in three separate recall notices Thursday, recommending that some SUVs be parked away from buildings.
The company warned that roughly 39,000 2021 Ford Expeditions and Lincoln Navigators and are liable to start on fire even when turned off. Ford requests that owners of the vehicles take them into dealerships for repairs, warning that they should not be parked indoors or near buildings in the meantime.
FORD CEO JIM FARLEY SAYS IDEA FOR THE ELECTRIC F-150 LIGHTNING CAME FROM THIS INTERESTING SOURCE
“These vehicles may pose a risk of under hood fire, including while the vehicle is parked and off,” the company wrote in a statement. “Ford, which began investigating the issue on March 24, 2022, has not yet established a cause. The incidents are believed to originate in the rear of the engine compartment near the passenger side of the vehicle.”
Ford Motor Co ended 2021 with $36 billion in cash, a crop of hot-selling new electric vehicles and a bullish forecast for revenue and profit growth this year, but that was not enough for investors. (iStock / iStock)
The company’s second recall pertains to roughly 310,000 heavy-duty trucks, which may have non-functioning airbags. Affected models include 2016 F-250, 350, 450 and 550 trucks, according to the Associated Press.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| F | FORD MOTOR CO. | 12.78 | -0.75 | -5.54% |
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The last recall pertains to 464 electric Mustang Mach-E SUVs from 2021, which may suffer from faulty acceleration.
“We are working around-the-clock to determine the root cause of this issue and subsequent remedy so that customers can continue to enjoy using their vehicles” General Manager of Ford Passanger Vehicles Jeffrey Marentic said in a statement. “We recognize the importance of staying in touch with our customers until we resolve this matter.”
