Ford (F) is recalling about 1.4 million F-150 pickup trucks in the U.S. following an NHTSA investigation into reports of unexpected downshifts. Ford is aware of two “potentially” related injuries and one accident, and that dealers would update the trucks’ powertrain control module software as a remedy, the NHTSA said.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on F:
- “An Opportune Time to Pass the Baton”: Ford Stock (NYSE:F) Slips With Doug Field’s Departure
- Trump Trade: White House launches space nuclear initiative
- Can Pentagon’s Push to Boost Weapons Supply Drive GM, Ford Stocks Higher?
- Pentagon officials spoke with GM, Ford, others about making weapons, WSJ says
- Closing Bell Movers: JB Hunt up 2% after Q1 earnings beat
