Ford faces investigation of 1.3M F-150 trucks over potential safety issue

9c5b7a0d2b5f2d88cf5af71f80f4bd1e Bitcoin Recovery Software 13 7:07 am Crypto Insights

Ford signage at a dealership.

Bloomberg / Getty Images

Key Takeaways

  • Ford F-150 models from 2015 to 2017 are the subject of an investigation by federal regulators.
  • The National Highway Traffic Safety Administration reported that consumers complained about trucks that suddenly downshift their gears and sometimes lock the rear wheels.
  • Ford recalled 240,000 Explorers in February due to improperly fastened seatbelts.

Consumers complained that the vehicle suddenly downshifted when traveling at high speed, causing the vehicle to rapidly slow down. This increased the risk of an accident. 

The National Highway Traffic Safety Administration has received 138 complaints from consumers about F-150s between model years 2015 and 2017. Some customers have also complained about unplanned downshifts. They claim that the vehicle’s wheels lock up temporarily when it drops to a lower gear, making it difficult to control. No accidents or injuries have yet to be reported.

A Ford spokesperson said the issue is related to the trucks' six-speed transmission, and the automaker is "working with NHTSA to support its investigation. "

Ford began the investigation after recalling more than 240,000 Explorers in February due to improperly fastened seatbelts. Earlier this month, Ford was forced to recall as many as 12,833 Bronco Sport or Mavericks because of repair issues.

Ford shares rose more than 1% intraday Monday.

John Lesley, widely recognized as LeadZevs, is a highly skilled trader with a focus on the cryptocurrency market. With more than 14 years of experience navigating various financial landscapes, including currencies, indices, and commodities, John has honed his expertise in technical analysis and market forecasting.

As a prolific contributor to major trading forums, his insightful articles have attracted millions of readers, establishing him as a thought leader in the field. John operates as both a professional trader and an analyst, delivering valuable insights to clients while successfully managing his own investment strategies.

His deep knowledge of market dynamics and technical indicators empowers traders to make informed decisions in the fast-paced world of cryptocurrency.

Rate author
Bitcoin Recovery Software