Ford Is Recalling Certain 870,701 2021-2023 F-150 Vehicles Equipped With A Single Exhaust System Due To Unexpected Activation Of Electric Parking Brake - NHTSA
Portfolio Pulse from Charles Gross
Ford is recalling 870,701 F-150 vehicles from 2021-2023 due to unexpected activation of the electric parking brake, according to the National Highway Traffic Safety Administration (NHTSA).
July 28, 2023 | 8:52 am
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Ford's recall of a significant number of F-150 vehicles could potentially impact the company's reputation and financials in the short term.
Recalls often lead to increased costs for the company due to repairs and replacements, and can also damage the company's reputation, potentially affecting sales. Given the significant number of vehicles involved, this recall could have a notable impact on Ford's financials and stock price in the short term.
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