financetom
Business
financetom
/
Business
/
US opens probe into nearly 1.3 million Ford F-150 trucks over unexpected gear shift
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US opens probe into nearly 1.3 million Ford F-150 trucks over unexpected gear shift
Mar 24, 2025 2:48 AM

(Reuters) -The U.S. National Highway Traffic Safety Administration said on Monday it has opened a probe into nearly 1.3 million Ford F-150 pickup trucks over reports of an unexpected gear downshift accompanied by a temporary rear wheel lock-up.

Consumer complaints alleged an unexpected transmission downshift to a lower gear while traveling at highway speeds without any prior warning or driver input, followed by the vehicle rapidly decelerating.

Some complaints added the vehicle's rear wheels would lock temporarily, seize or skid during the downshift, leading to loss of control.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Short Seller Targets Primerica Stock Claiming Agents Are Engaged In Deceptive Behavior, Shares Sink
Short Seller Targets Primerica Stock Claiming Agents Are Engaged In Deceptive Behavior, Shares Sink
Apr 18, 2024
Primerica, Inc. ( PRI ) shares have turned lower Thursday after the Bear Cave issued a fresh short report on the stock. What Happened: Short-selling firm the Bear Cave has targeted Primerica ( PRI ) stock in a new bearish report claiming the company’s highest-producing agents are engaged in misleading, false, or deceptive behavior. The short seller noted Primerica (...
Zando launches international unit to counter Shein and Temu in South Africa
Zando launches international unit to counter Shein and Temu in South Africa
Apr 18, 2024
JOHANNESBURG, April 18 (Reuters) - South African online fashion retailer Zando on Thursday launched an international e-commerce division called Zando Global in the hopes of taking on fast-fashion Chinese e-commerce retailers Shein and Temu at home. The rapid rise of Shein and Temu - driven by robust demand for their low-priced apparel like $10 tops and $5 biker shorts -...
Meta releases early versions of its Llama 3 AI model
Meta releases early versions of its Llama 3 AI model
Apr 18, 2024
NEW YORK, April 18 (Reuters) - Meta Platforms ( META ) on Thursday released early versions of its latest large language model, Llama 3, and an image generator that updates pictures in real time while users type prompts, as it races to catch up to generative AI market leader OpenAI. The models will be integrated into virtual assistant Meta AI,...
JPMorgan Chase sues Russia's VTB Bank over effort to unfreeze assets
JPMorgan Chase sues Russia's VTB Bank over effort to unfreeze assets
Apr 18, 2024
NEW YORK (Reuters) - JPMorgan Chase ( JPM ) sued Russia's state-owned VTB Bank on Thursday to halt its efforts to recover $439.5 million from an account that was blocked after Russia invaded Ukraine and VTB was hit with sanctions. In a complaint filed in Manhattan federal court, JPMorgan ( JPM ) said VTB filed a lawsuit on Wednesday in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved