Ford Motor Co. (NYSE: F) on Wednesday issued three safety recalls and two safety compliance recalls affecting about 285,000 vehicles built between 2007 and 2016.
A transmission problem prompted Ford to issue a safety recall on approximately 202,000 F-150 pickups, Expeditions, Mustangs and Lincoln Navigators. The vehicles were built in 2011 and 2012 and include vehicles from both model year 2011 and 2012.
According to Ford, the automatic transmission controls may malfunction, forcing the transmission to downshift into first gear. Depending on the vehicle’s current speed, the downshift could cause an “abrupt speed reduction that could cause the rear tires to slide or lock up,” triggering a loss of control and increasing the risk of a crash.
Ford said it has received reports of three accidents related to the issue, but no reports of injuries.
In a second safety recall, Ford is recalling about 81,000 model year 2014-2015 Ford Explorers and Police Interceptors to replace rear suspension toe links in certain vehicles. Poor weld quality in either the left or right link could fracture and cause loss of vehicle control. Ford said it is aware of one accident and one injury related to this issue.
In a third safety recall, Ford is recalling approximately 2,600 F-Series Super Duty vehicles to inspect and replace tires. A mishap during manufacturing could have caused sidewall damage, which in turn could lead to a blowout during use and increase the risk of a crash. Ford is not aware of any accidents or injuries related to this issue.
The company is also issuing safety compliance recalls for about 200 2007 through 20012 Ford Flex, Ford Taurus, Lincoln MKS and Mercury Sable vehicles to replace the driver-side airbag. The issue is not related to the Takata airbag safety recall. Ford said it is not aware of any accidents or injuries related to this issue.
Finally, approximately 40 model year 2016 Ford Fusion vehicles are receiving a safety compliance recall to replace the driver seat track assembly. Again Ford is unaware of any accidents or injuries related to this problem.
The company’s stock is none the worse for this blizzard of recalls. Shares traded up about 0.3% in the late morning Wednesday, at $13.64 in a 52-week range of $10.44 to $16.10.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
