🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

US regulator opens probe into more than 360,000 Ford SUVs over loss of braking

Published 10/04/2024, 05:49 AM
Updated 10/04/2024, 08:51 AM
© Reuters. The Ford Edge is seen during the 88th International Motor Show at Palexpo in Geneva, Switzerland, March 6, 2018. REUTERS/Pierre Albouy/File Photo
F
-

(Reuters) - A U.S. auto safety regulator said on Friday it was investigating 368,309 Ford (NYSE:F) crossover SUVs in the country over loss of braking caused by rear brake hose failure.

The preliminary evaluation covers some Ford Edge crossovers from model years 2015-2017, the National Highway Traffic Safety Administration said.

The complaints also allege that the loss of braking ability occurs without any prior warning and results in a higher stopping distance, the regulator said.

© Reuters. The Ford Edge is seen during the 88th International Motor Show at Palexpo in Geneva, Switzerland, March 6, 2018. REUTERS/Pierre Albouy/File Photo

Ford said it was working with the NHTSA to support its investigation.

The automaker had recalled 488,000 Ford Edge and Lincoln MKX vehicles in 2020 in the U.S. for brake hose failures.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.