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Ford Recalls SUVs In US Over Fire Risk: Reuters

Ford Motor Co (NYSE:F) is recalling 198,000 SUVs in the U.S. due to fire risk, Reuters reported. The recall covers…
byShivani Kumaresan
September 1, 2022
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  • Ford Motor Co (NYSE:F) is recalling 198,000 SUVs in the U.S. due to fire risk, Reuters reported.
  • The recall covers the 2015 – 2017 model year Ford Expedition and Lincoln Navigator vehicles.
  • The company has received three reports of fires linked to damage to property structures, with one minor injury, the report specified.
  • The issue has affected vehicles’ higher mileage and time-in-service and is unrelated to Ford’s July recall of 2021 Expedition and Navigator vehicles.
  • The report added that Ford also recalled 1,175 2022-model year Mustang Mach-E vehicles due to faulty right-rear axle half shafts manufacturing.
  • Price Action: F shares are trading lower by 1.35% at $15.03 on the last check Thursday.
 
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