By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > Markets > Stocks > Ford recalls 42K trucks over defect in axle shaft
Stocks

Ford recalls 42K trucks over defect in axle shaft

News Room
Last updated: 2023/09/01 at 8:03 AM
By News Room
Share
2 Min Read
SHARE

© Reuters. Ford (F) recalls 42K trucks over defect in axle shaft

Ford (NYSE:) has issued a recall for nearly 42,000 2023 Super Duty F250 and F350 trucks after a mechanical issue was found affecting the vehicle’s rear axle shaft.

According to documents from the National Highway Traffic Safety Administration (NHTSA) the left rear axle shaft on affected models “may have been improperly heat-treated” during manufacturing and may break.

A fractured axle shaft has the potential to lead to a “loss of drive power or vehicle rollaway” upon engaging the park position in the truck. The National Highway Traffic Safety Administration states that both of these situations have the potential to elevate the likelihood of a collision.

According to Ford’s defect notice to NHTSA, the failures were brought to Ford’s attention on Aug. 10th after the Kentucky Truck Plant identified the problem through monitoring of warranty claims.

“Two axle shafts returned through warranty were sent to Ford’s metallurgical lab for failure analysis,” the report said. “Laboratory analysis determined that the axle shafts did not meet Ford’s torsional yield and case depth design specifications in the fractured area. Each of the warranty returned parts had fractured at approximately 44 mm from the flange, indicating an area of incomplete induction heat treatment.”

Ford is required to send truck owners a notification letter, which is expected to be mailed on Oct. 16th.

Shares of F are up 1.04% in mid-day trading on Thursday.

Read the full article here

News Room September 1, 2023 September 1, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Goldman and Morgan Stanley investment bankers ride dealmaking wave

Stay informed with free updatesSimply sign up to the US banks myFT…

Trump: Even Jamie Dimon said Powell should be reducing rates.

Watch full video on YouTube

How Gen Z Is Reviving Legacy Brands

Watch full video on YouTube

AngioDynamics, Inc. (ANGO) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript

Harry Pearson Great. Hello everyone. Thank you for joining us this afternoon.…

White House sets tariffs to take 25% cut of Nvidia and AMD sales in China

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

Playa Hotels & Resorts (NASDAQ:PLYA) Delivers Strong Q4 Numbers By Stock Story

By News Room
Stocks

ON24 (NYSE:ONTF) Posts Better-Than-Expected Sales In Q4 By Stock Story

By News Room
Stocks

Evolent Health shares leap on Q4 earnings beat and upbeat guidance By Investing.com

By News Room
Stocks

Chuy’s (NASDAQ:CHUY) Reports Q4 In Line With Expectations But Stock Drops

By News Room
Stocks

Red River Bancshares raises dividend to $0.09 per share

By News Room
Stocks

Ecolab appoints Microsoft executive to board

By News Room
Stocks

Semilux secures $50 million equity deal with White Lion Capital

By News Room
Stocks

US government debt trajectory to push long-term yields higher, says PIMCO

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?