Ford Motor Co. (NYSE:F) announced that it is recalling around 48,700 EcoSport sport-utility vehicles (SUVs) in India. The automaker has issued this recall to repair the faulty fuel and brake lines, and rear folding seats in these vehicles.
Of the total vehicles recalled by Ford, 48,000 were manufactured over the period Apr 2013 to Jun 2014. The automaker will install a new bundle clip on the fuel and brake lines of these vehicles.
The remaining 700 vehicles covered under the recall were produced between Jan and Feb 2016. These cars are equipped with a 60/40 rear folding seat. Ford said that around 40% of the vehicles’ rear seat back-rest is assembled with bolts that do not satisfy the company’s material specification. There is a possibility of breakdown in these bolts.
The auto industry is under pressure due to a series of recalls by different companies. Safety recalls dent the brand image of a company and add to expenses. Last month, Toyota Motor Corporation (NYSE:TM) announced that it is recalling around 60,000 automobiles in North America due to faulty front passenger airbags, which may fail to deploy in the event of a crash. This poses the risk of injury to front seat passengers of the cars.
Honda Motor Co., Ltd. (NYSE:HMC) is recalling 143,000 vehicles in Japan as their airbags are equipped with faulty inflators produced by Daicel Corp., according to sources. One such airbag failed to deploy in a crash, leading to the recall.
In Mar 2016, General Motors Company (NYSE:GM) announced that it is recalling 6,300 police vehicles in the U.S. These vehicles are being recalled as the electric power-assisted steering runs the risk of failure. The vehicles covered under this recall mainly include Chevrolet Caprice Police Pursuit vehicles of model years 2014–2016.
Ford currently carries a Zacks Rank #3 (Hold).
FORD MOTOR CO (F): Free Stock Analysis Report
HONDA MOTOR (HMC): Free Stock Analysis Report
TOYOTA MOTOR CP (TM): Free Stock Analysis Report
GENERAL MOTORS (GM): Free Stock Analysis Report
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Ford (F) Recalls 48,700 EcoSport SUVs In India To Fix Defects
Published 05/23/2016, 08:15 AM
Updated 07/09/2023, 06:31 AM
Ford (F) Recalls 48,700 EcoSport SUVs In India To Fix Defects
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