Ford to recall over 741,000 US vehicles due to park system issue, NHTSA says

Ford will recall 741,195 vehicles in the US due to a transmission defect that can damage the park system, potentially allowing vehicles to roll away. The NHTSA notes the safety risk from the affected parking mechanism. While not a financial headline, the recall raises costs and near-term reputational/regulatory risk for Ford.

Analysis

Ford will recall 741,195 vehicles in the US due to a transmission defect that can damage the park system, potentially allowing vehicles to roll away. The NHTSA notes the safety risk from the affected parking mechanism. While not a financial headline, the recall raises costs and near-term reputational/regulatory risk for Ford.