Ford Issues Two Recalls That Include 2014–16, 2020 Explorer

  • Ford has issued two recalls, including one for the 2014 to 2016 Taurus and Explorer as well as the 2014 Edge, and another for the 2020 Explorer and Lincoln Aviator.
  • There are 15,587 vehicles affected in the first recall and 10,905 being recalled in the second.
  • In both recalls, if the affected parts fail, it can lead to a loss of power while driving or unintentional vehicle movement while the vehicle is stopped.

Ford has issued two separate recalls today, including one for the 2014 to 2016 Taurus and Explorer as well as the 2014 Edge, and another for the 2020 Explorer and Lincoln Aviator. The first recall, for a total of 15,587 U.S. vehicles, is to replace a link shaft bracket that could fracture and lead to a loss of power while driving or cause the parking function to fail leading to the vehicle rolling while in park. The second recall of the 2020 models, for a total of 10,905 U.S. vehicles, is for a driveshaft that could fracture along a welding seam, causing either unintentional vehicle movement or a loss of power when driving.

Source: Ford Issues Two Recalls That Include 2014–16, 2020 Explorer

Ford Q1 2019 earnings

The quarterly numbers come amid Ford’s $11 billion restructuring plan, with an aim to slash costs by $14 billion over the next five years.

KEY POINTS
  • The Detroit automaker beats on the top and bottom lines.
  • The company credits its better-than-expected performance in North America to strong truck and sport utility vehicle sales, particularly its F-Series and Ranger pickups.
  • Outside North America, the company has an operating loss of $196 million, which is an improvement of $632 million from the prior quarter.

Source: Ford Q1 2019 earnings

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