U.S. auto security regulators have expanded a year-long probe into potential Ford (F) – Get Free Report engine failures Monday to embody practically 709,000 automobiles.
The Nationwide Freeway Site visitors Security Administration (NHTSA) opened a preliminary investigation into 25,000 Broncos in Could of 2022; it has now upgraded the investigation to an “engineering evaluation,” the step previous a recall, and has expanded the fashions underneath examination.
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The difficulty, which NHTSA mentioned entails a sudden, catastrophic engine failure attributable to a defective valve in 2.7-liter and three.0-liter EcoBoost engines, now impacts the 2021-2022 Ford Bronco, Edge, Explorer, F-150, Lincoln Aviator and Nautilus automobiles.
Ford has since reported a complete of 861 client complaints, guarantee claims and engine replacements, although there have been no incidents or accidents.
Ford instructed the company that this valve failure usually happens early in a car’s life and that almost all of those such failures have doubtless already occurred. The corporate launched a design change to the valve in October 2021, making use of an alloy that’s much less prone to the brittleness that the preliminary valve skilled after publicity to an over-temperature surroundings throughout its machining course of.
A Ford spokesperson mentioned that the corporate is supporting NHTSA with their investigation.
Ford shares fell barely Monday morning.
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This comes because the motor firm stays embroiled within the ongoing United Auto Employees rolling strikes; final week, union President Shawn Fain expanded the strikes to incorporate Ford’s Chicago meeting plant.
The automakers stay at odds with the union over calls for that Ford CEO Jim Farley mentioned Sept. 14 may trigger the corporate to go bankrupt.
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