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Benzinga
Benzinga
Business
Shivani Kumaresan

Ford Recalls Vehicles Over Fire Risk: Reuters

Ford Ford Motor Co Lincoln (Organization) United States
  • Ford Motor Co (NYSE:F) recalled 737,000 vehicles in the U.S. over fears of oil leaks and software error, Reuters reported.
  • The automaker recalled 345,451 of its 2020-2022 Ford Escape and 2021-2022 Ford Bronco Sport vehicles with 1.5L engines.
  • The report noted that the company fears that the engine oil separator housing could crack and develop an oil leak leading to an engine fire.
  • Ford has been notified of eight such fires related to an oil leak, the report specified.
  • The automaker also recalled 391,836 2021-2022 F-150, 2022 Ford Maverick, Expedition, Lincoln avigator, F-250, F-350, F-450, and F-550 vehicles due to a brake system issue.
  • Price Action: F shares are trading lower by 2.96% at $16.41 on the last check Friday.
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