In a deal to close a National Highway Transportation Safety Administration (NHTSA) investigation, Ford Motor Co. (NYSE: F) has agreed to conduct a “customer satisfaction campaign” to inspect and fix at no charge any problems found related to reports of a sticky throttle in certain Taurus and Mercury Sable vehicles from model years 2000 to 2003. The NHTSA and Ford had received 100 complaints against cars equipped with the company’s three-liter, four-valve Duratec V-6 engines.
Five accidents were reported due to the sticky throttle, but no injuries occurred. The problem is the result of a throttle cable being damaged during maintenance. Dealers will inspect the cables, add reinforcement to existing retention tabs that hold the cable in place, or replace the entire cable is the retention tabs are missing.
Problems related to sticking accelerator pedals or throttles are very often the result of driver error. Instead of stepping on the brake, drivers get confused and step on the gas. Volkswagen’s sticky Audi accelerator issues in the late 1980s were attributed mostly to driver error, as were the more recent problems when Toyota Motor Corp. (NYSE: TM) had with similar complaints.
Ford learned a lesson from Volkswagen and, especially, Toyota: If it ain’t broke, don’t fight it — fix it.
“The Next NVIDIA” Could Change Your Life
If you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
“The Next NVIDIA” stocks have been revealed in a new report, and they’re ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below to receive a copy today.
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.