News

Latest News

Stocks in Play

Dividend Stocks

Breakout Stocks

Tech Insider

Forex Daily Briefing

US Markets

Stocks To Watch

The Week Ahead

SECTOR NEWS

Commodites

Commodity News

Metals & Mining News

Crude Oil News

Crypto News

M & A News

Newswires

OTC Company News

TSX Company News

Earnings Announcements

Dividend Announcements

Ford Sinks Slightly on Recalls

Ford Motor (NYSE:F) is recalling nearly 1.1 million vehicles in the United States because rearview cameras may not display images due to a software issue, increasing the risk of a crash.

The recall covers some 2021 through 2024 model year Bronco, F-150, Edge, and 2023-2024 Escape, Corsair, F-250, F-350, F-450, F-550 and F-600 vehicles, the automaker said Wednesday in a filing with the National Highway Traffic Safety Administration.

The recall also impacts the 2022-2024 Expedition, 2022-2025 Transit, 2021-2023 Mach-E, Lincoln Nautilus, 2024 Ranger, Mustang and the 2022-2024 Navigator.
NHTSA said the software issue may cause the rearview camera image to delay, freeze, or not display.

Ford said it is aware of one allegation of a minor crash resulting in property damage tied to the issue.

In January, NHTSA contacted Ford regarding allegations of more than three dozen rear-view camera complaints on 2021-2023 Ford F-150 vehicles.

In April, a Ford engineering team was able to reproduce the failure mode within a vehicle and link the causal factors to specific software variants.

Dealers are expected to update vehicle software through an over-the-air update. The software being recalled serves as an operating system for the car’s dashboard, helping its infotainment system to control apps and display maps, among others.

F shares subtracted three cents to $10.28.