Economy

Ford recalls F-150s because the doors may open while driving

Ford recalls F-150s because the doors may open while driving”

Since 2016, Ford has recalled more than 5 million vehicles owing to various door latch-related issues.

Ford Motor Co. issued a safety recall for certain 2015-17 F-150 and 2017 Ford Super Duty vehicles sold in North America, and some 1.3 million of the trucks are affected.

Ford plans to fix the actuation cable, if necessary, on affected vehicles, and install water shields over the latches to prevent water from getting in and freezing.

The company estimates that the recall will cost it $267 million in the fourth quarter, according to filings with the Securities and Exchange Commission.

2017 Super Duty, built at Kentucky Truck Plant, Oct. 8, 2015 to September 1, 2016. The bulletin said that latches could become inoperative under freezing temperatures. The press release asked the dealers to install water shields to avert the issue.

The massive move is driven by the data and feedback received by the company. Ford said it continues to expect full-year adjusted earnings in the range of $1.65 to $1.85‍ per share.

The door latch problem was reported as early as 2015. Ford admits that there is "the potential that the door could open while driving, increasing the risk of injury".

In March 2017, Ford announced that it would be spending a massive $295 million to recall 211,000 vehicles. These vehicles had a faulty side door latch and needed to be replaced. The vehicles were running on the United States and Canadian roads.

Ford previously recalled almost 4 million vehicles for door latch issues in six separate recalls since 2014, including 2.4 million vehicles recalled in August 2016. If a customer closed the door with these conditions, the door may appear closed, but the latch may not fully engage. It shares were flat at $12.20.



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