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Ford recalls nearly 900,000 F-150s for faulty electrical parking brakes that could activate while driving

Clyde Edgerton by Clyde Edgerton
July 31, 2023
in Markets
Ford recalls nearly 900,000 F-150s for faulty electrical parking brakes that could activate while driving
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Ford Motor Co.
F,
-3.42%
has acknowledged in a letter to the National Highway Safety Administration a safety recall of 870,701 F-150 trucks equipped with a single exhaust system. Ford said the rear axle housing may damage the wiring harness, causing the electric parking brake to activate unexpectedly while driving, increasing the risk of a crash. The recall is for F-150 model years 2021 to 2023. Ford said it was not aware of any reports of accident or injury related to the condition. Separately, Ford said it is recalling 38,695 2023 Escape and Super Duty models, as an inoperable instrument panel can’t show certain safety information, such as speedometer or warning lights. Ford’s stock, which fell 1.1% in premarket trading, has rallied 11.6% over the past three months through Friday, while the S&P 500
SPX,
+0.99%
has gained 9.9%.



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