Finance

Ford to Recall Over 272,000 US Vehicles Due to Loss of Park Function

MR
Maya Rodriguez
Financial Analyst
Ford to recall over 272,000 US vehicles due to loss of park function
Image source: Investing.com

Ford to Recall Over 272,000 US Vehicles Due to Loss of Park Function

Ford has announced a massive recall of over 272,000 US vehicles due to a loss of park function. The recall affects various models, including the Ford Escape, Ford Explorer, and Ford F-150.

Affected Vehicles

The recall affects the following vehicles:

  • 2020-2022 Ford Escape
  • 2020-2022 Ford Explorer
  • 2021-2022 Ford F-150

Reason for Recall

The recall is due to a software issue that can cause the park function to fail, potentially leading to accidents. Ford has stated that the issue is not related to any hardware or mechanical problems.

What to Do

Ford owners who are affected by the recall will be notified by mail and will need to take their vehicle to a Ford dealership for repairs. The repairs will be done free of charge.

Safety Concerns

The loss of park function can be a serious safety concern, especially in heavy traffic or when parking on an incline. Ford has stated that it is taking the issue seriously and is working to resolve the problem as quickly as possible.

Source

The recall was announced by Ford on [3] Investing.com Ford to recall over 272,000 US vehicles due to loss of park function.

Sources

[1] Elevance Health’s next earnings to likely mirror 2025 like tougher backdrop
[2] Earnings call transcript: Paychex Q2 2026 beats forecasts, stock edges up
[3] Ford to recall over 272,000 US vehicles due to loss of park function