💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

U.S. safety regulator probes fires in some Ford pickup trucks

Published 08/07/2018, 02:12 PM
Updated 08/07/2018, 02:20 PM
© Reuters. Sign of Ford is pictured at a car dealership in Mexico City
F
-

(Reuters) - U.S. traffic safety regulator is investigating complaints of fire during crashes in some Ford Motor Co (N:F) F-150 Supercrew pickup trucks linked to a seat belt component.

The National Highway Traffic Safety Administration (NHTSA) said there were five complaints alleging fires following the activation of seat-belt pretensioners made by ZF TRW [ZFF.UL] or Takata Corp during a crash involving the vehicles.

Pretensioners tighten up any slack in the seat belt webbing in the event of a crash and work in tandem with air bags.

While there were no injuries or fatalities, three of the vehicles were completely destroyed by the fire, the NHTSA said.

© Reuters. Sign of Ford is pictured at a car dealership in Mexico City

An estimated 1.4 million vehicles made between 2015 and 2018 could be affected in the investigation, the NHTSA said.

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.