financetom
Business
financetom
/
Business
/
US Regulator Closes Investigation Into Ford Vehicles Over 'Loss of Motive Power' Issues
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Regulator Closes Investigation Into Ford Vehicles Over 'Loss of Motive Power' Issues
Nov 4, 2024 11:07 AM

10:32 AM EST, 11/04/2024 (MT Newswires) -- The US National Highway Traffic Safety Administration said it has closed an investigation into more than 411,000 Ford (F) SUVs and pickup trucks due to issues related to "allegations of loss of motive power."

"Under normal driving conditions without warning the vehicle may experience a loss of motive power without restart due to catastrophic engine failure related to an alleged faulty valve within 2.7 L and 3.0 L EcoBoost Engines," the NHTSA said.

The regulator said it initially launched a probe in July 2022 into 2021 Ford Bronco vehicles. The investigation later also included other Ford vehicles like the F-150, the Edge, and the Explorer, as well as the Lincoln Aviator and Nautilus, according to documents on the regulator's website.

The regulator said that on Aug. 23, Ford submitted a recall for vehicles with the affected engines.

"In view of the recall action being taken by Ford, [the NHTSA's Office of Defects Investigation] is closing this Engineering Analysis," the regulator said.

Ford didn't immediately respond to a request for comment by MT Newswires.

Price: 10.54, Change: +0.32, Percent Change: +3.13

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 >
Trump's World Liberty Financial crypto venture says it will launch stablecoin
Trump's World Liberty Financial crypto venture says it will launch stablecoin
Mar 25, 2025
LONDON (Reuters) - Donald Trump's World Liberty Financial crypto venture will launch a dollar-pegged stablecoin called USD1, backed by U.S. Treasuries, dollars and other cash equivalents, it said in a statement on Tuesday. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains, the statement said, with plans to launch to other protocols in the future. The digital...
ZJK Industrial Says Expanding Operations to Meet Rising Product Demand
ZJK Industrial Says Expanding Operations to Meet Rising Product Demand
Mar 25, 2025
09:49 AM EDT, 03/25/2025 (MT Newswires) -- ZJK Industrial ( ZJK ) said Tuesday it's scaling operations to meet increasing demand for its products. The company said it has expanded its production lines, upgraded facilities, and boosted capacity at several machining centers. Financial details weren't provided. The company's shares were down more than 4% in recent trading. Price: 5.00, Change:...
Alibaba, Ant Sign Cooperation Agreement with Zhejiang Province for AI Cooperation
Alibaba, Ant Sign Cooperation Agreement with Zhejiang Province for AI Cooperation
Mar 25, 2025
09:47 AM EDT, 03/25/2025 (MT Newswires) -- Alibaba Group Holding ( BABA ) and Ant Group have signed a cooperation agreement with the Zhejiang provincial government. The agreement covers several areas, including cooperation in artificial intelligence, according to a local media article reposted by Alibaba ( BABA ) on Tuesday. Price: 134.42, Change: -0.06, Percent Change: -0.05 ...
Market Chatter: Seven & i Says Couche-Tard Understates Antitrust Risk In Takeover Proposal
Market Chatter: Seven & i Says Couche-Tard Understates Antitrust Risk In Takeover Proposal
Mar 25, 2025
09:54 AM EDT, 03/25/2025 (MT Newswires) -- The Japanese parent company of 7-Eleven says Alimentation Couche-Tard Inc. ( ANCTF ) is understating the antitrust risk related to its takeover offer for the company, The Canadian Press is reporting on Tuesday. In a pair of documents, Seven & i Holdings Co. Ltd. says the proposal is a transformational cross-border acquisition involving...
Copyright 2023-2026 - www.financetom.com All Rights Reserved