Ford Recalls 870,000 F-150 Trucks On Parking Brake Issues: Report

Ford Motor Company (NYSE: F) reportedly recalled 870,000 F-150 trucks in the United States Friday wing to the activation of the electric parking brake due to a possible wiring issue.

The recall covers F-150 trucks from 2021 through 2023, Reuters reported, citing a filing with the National Highway Traffic Safety Administration (NHTSA). 

It covers trucks equipped with a single exhaust system, the report added.

Ford has received 918 warranty claims and three field reports for the wire chafing condition in North America, Reuters noted. 

Of those, 299 indicated the electric parking brake had been triggered unintentionally, including 19 while driving.

The report added that Ford t is not aware of crashes or injuries related to the recall. 

Ford reported second-quarter revenue of $45 billion, which was up 12% year-over-year. The revenue came in ahead of a Street consensus estimate of $40.38 billion.

Also Read: Ford Q2 Earnings Highlights: Revenue Beat, EPS Beat, EV Revenue Up 39% Year-Over-Year, Production Updates And More

F Price Action: F shares are trading lower by 4.5% to $13.12 on the last check Friday.

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