Ford recalls 2.9M vehicles for inability to shift into gear, risking crash

[Trigganometry]

Ford Motor Co. is recalling 2.9 million vehicles that may shift into different gears than intended or roll away while parked, the third major recall for the automaker this month.

The latest recall affects certain 2013-2019 Escape, 2013-2018 C-Max, 2013-2016 Fusion, 2013-2021 Transit Connect and 2015-2018 Edge vehicles, according to the National Highway Traffic Safety Administration (NHTSA).

Ford recalls 2.9M vehicles for inability to shift into gear, risking crash (msn.com)

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[AzScorpion]

I just saw this article on my homepage. Looks like they're having a tough time with the Mach-E. Their profits were wiped out by the commodity costs.

https://www.yahoo.com/finance/news/ford-mustang-mach-e-profit-170117652.html

Ford Motor Co.’s hot-selling Mustang Mach-E electric SUV and other plug-in models are being rendered unprofitable by rising raw material costs.

“We actually had a positive bottom line profit when we launched the Mach-E, commodity costs have wiped that out,” Chief Financial Officer John Lawler said Wednesday at the Deutsche Bank Global Automotive Conference, referring to 2020, when the vehicle went on sale. “You’re going to see pressure on the bottom line when we launch our EVs, they’re not going to be positive.”

Even so, Ford sees “a lot of opportunity” to take costs out of the Mach-E and other EVs, such as a future mid-size SUV, Lawler said. The company has said it’s re-engineering the vehicle on the fly to improve its margins.

The company also has boosted prices on the Mach-E this year, he said, without giving specifics. But the model, which Ford is recalling for a defect that could cause it to stop running, now costs $25,000 more to produce than an equivalent gas-powered Edge SUV, he said.

I don't like the sounds of this. Sounds like they're going to start taking things away (just like they did on the Ranger) to boost profits.

The company has said it’s re-engineering the vehicle on the fly to improve its margins.

 

[Trigganometry]

Looks like EV’s are going to be a dogs while the economy takes a nose dive.

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