Ford facing two new probes into recalls after it was slapped with historic fine
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Ford is under investigation for potential recalls of 112,000 Ford Expedition SUVs due to seat belt issues and the adequacy of a previous recall of 456,000 SUVs for power and electrical system failures. This follows a historic fine imposed on the company.
November 18, 2024 | 6:00 pm
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Ford is being investigated for potential recalls involving 112,000 Expedition SUVs due to seat belt issues and the adequacy of a previous recall of 456,000 SUVs. This follows a historic fine.
The investigations into potential recalls and the adequacy of previous recalls could lead to further regulatory actions or fines, negatively impacting Ford's stock price in the short term. The historic fine indicates serious regulatory scrutiny.
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