Ford Recall for Electrical Issues
The only one of the big 3 American auto manufacturers to not take a financial bailout, Ford Motor Corporation, has had a great rebound in the market. From a low a few years ago of less than $2.00 per share, the stock has climbed into the double digits.
While it is not expected to have a lasting impact on the recent gains of the company on Wall Street, however, the car maker announced a recall of about 15,000 crossover vehicles. Additionally, just under 5,000 2011 F-150, F-250, F-350, F- 450, F-550, Edge, and Lincoln MKX vehicles are part of the recall.
The issue is with a potential short in the electrical system which could cause a fire. In fact, at one of the plants in Dearborn, two F-150 trucks caught fire from the problem.
The company said it will send recall letters to vehicle owners next week and that, in the mean time, owners are instructed to contact a local Ford or Lincoln/Mercury dealer or call customer service at 866-436-7332 to see if their particular vehicle is part of the recall.
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