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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ford Motor Company | NYSE:F | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.31 | -2.48% | 12.19 | 12.45 | 12.085 | 12.40 | 47,776,558 | 21:18:56 |
DETROIT—Ford is recalling some of its top-selling vehicles in the U.S. to fix a fluid leak that can reduce braking power.
The recall covers about 271,000 F-150 pickups in North America from the 2013 and 2014 model years that have 3.5-liter V6 engines.
Ford says brake fluid can leak from the master cylinder. That could reduce the ability of the front brakes to stop the trucks.
The company reported nine crashes with no injuries, but one person was hurt in an unspecified interaction with the brakes.
Dealers will replace the brake master cylinder for free. They will also replace the brake booster if they find leaks from the master cylinder. Ford says it is working with suppliers to get parts to dealers and will begin notifying customers the week of July 11.
Ford says the problem isn't related to an investigation by federal safety regulators into power brake assist failures in F-150 pickups. That probe by the National Highway Traffic Safety Administration into electric vacuum pump failures was closed earlier this month after Ford extended warranties and the agency determined that the trucks could still be stopped by drivers.
Copyright 2016 Associated Press
(END) Dow Jones Newswires
May 25, 2016 10:25 ET (14:25 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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