US Regulator Opens Probe Into More Than 368K Ford Edge Vehicles Over Concerns Of Loss Of Braking
Portfolio Pulse from Anan Ashraf
The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into 368,309 Ford Edge SUVs from model years 2015-2017 due to concerns over potential loss of braking ability. This follows 36 complaints about rear brake hose failures. The investigation aims to assess the scope and severity of the issue.
October 04, 2024 | 12:03 pm
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NHTSA is investigating 368,309 Ford Edge SUVs (2015-2017) for potential braking issues. This could impact Ford's reputation and sales, especially as Edge sales have already slumped by 60% in the last quarter.
The investigation by NHTSA into Ford Edge SUVs for braking issues could negatively impact Ford's stock in the short term. The probe could lead to recalls or repairs, affecting Ford's financials and reputation. Additionally, Edge sales have already decreased significantly, which could exacerbate the situation.
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