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Ford recalled over 250,000 Bronco, Bronco Sport, Escape, and Lincoln Corsair vehicles due to instrument cluster failures and high-voltage battery short-circuit risks. NHTSA said faulty battery cells and malfunctioning displays could prevent critical warnings from showing. Ford shares rose 0.31% to $12.94 in pre-market.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Ford recalled more than 250,000 Bronco, Bronco Sport, Escape, and Lincoln Corsair vehicles
00:07due to instrument paddle failures and battery short-circuit risks,
00:10according to its NHTSA filing on Tuesday.
00:13NHTSA said faulty high-voltage battery cells could trigger internal short-circuits,
00:18while non-functioning instrument clusters may fail to display warnings or speed information.
00:22Recall file CEO Jim Farley's remarks that resolving Ford's persistent recall issues
00:26is a major near-term focus and a challenge that may raise concerns about the company's production quality.
00:32Farley's had Ford's widespread labor shortages that left more than 5,000 technician jobs unfilled
00:37and 6,000 dealership service bays sitting empty across the U.S.
00:41Shares rose 0.31% to $12.94 in pre-market.
00:45For all things money, visit Benzinga.com.
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