Ford Under Scrutiny Again: NHTSA Starts Probing 241K EcoSport Cars Over Engine Failure Complaints
Portfolio Pulse from Anan Ashraf
The U.S. National Highway Traffic Safety Administration (NHTSA) has started an investigation into approximately 241,000 Ford Motor Co's EcoSport vehicles due to reported engine failures. The investigation was initiated after the Office of Defects Investigation received 95 complaints from drivers about a warning light indicating low engine oil pressure, followed by a complete or partial loss of engine power. The suspected cause is a malfunctioning engine oil pump assembly.
September 22, 2023 | 10:16 am
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Ford Motor Co is under investigation by the NHTSA due to reported engine failures in approximately 241,000 of its EcoSport vehicles. This could potentially harm the company's reputation and sales.
The investigation by the NHTSA into Ford's EcoSport vehicles due to reported engine failures could potentially harm the company's reputation and sales. This negative news could lead to a decrease in consumer trust and demand for Ford's vehicles, which could negatively impact the company's stock price in the short term.
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