Ford's Lincoln issues recall of more than 140,000 vehicles for risk of fire
Ford Motor Co.'s (F) Lincoln brand issued a recall for 142,734 Lincoln MKC vehicles, model year 2015 to 2019, due to a risk of fire, according to a Friday report from the National Highway Traffic Safety Administration (NHTSA). The recall comes as the battery monitor sensor in the vehicles may short-circuit and overheat, which could cause a fire in the engine compartment, while the vehicle is parked or driving. Lincoln is aware of 19 potentially related reports of fires, in the U.S., China and Canada, as of May 15. Ford said it was not aware of any physical injuries related to the condition. Ford's stock rose 1.2% in premarket trading. It has gained 4.1% year to date through Thursday, while the S&P 500 has advanced 9.9%.
-Tomi Kilgore
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
06-02-23 0920ET
Copyright (c) 2023 Dow Jones & Company, Inc.-
It’s Been a Terrible Time for Bonds. Here’s Why You Should Own Them
-
Which AI Stocks Are Turning Hype Into Revenue?
-
Best- and Worst-Performing Stocks of May 2024
-
3 Stocks to Buy and 3 Stocks to Sell in June
-
Markets Brief: Friday’s Job Report in Focus
-
These Stocks Are (Still) Powering the Bull Market
-
5 Undervalued Energy Stocks to Play the AI Data Center Demand Boom
-
After Earnings, Is Lowe’s Stock a Buy, Sell, or Fairly Valued?
-
The Best Biotech Stocks to Buy
-
After Earnings, Is Marvell Stock a Buy, a Sell, or Fairly Valued?
-
Nvidia Raised Its Dividend — but There’s a Catch
-
Lululemon Earnings: On Track to Meet Expectations Despite Slowdown In Americas
-
What Is Driving Small-Cap Stock Underperformance?
-
After Earnings, Is Zscaler Stock a Buy, a Sell, or Fairly Valued?
-
ASML Fair Value Raised as Outlook Improves
-
The Best Tech Stocks to Buy