Some Ford vehicles in North America and Europe are facing problems with engine fires and doors opening up unexpectedly. These issues have forced the automaker to recall 570,000 vehicles from these countries.
Ford recall to hit Q1 profits
More than 360,000 vehicles in North America and Europe have been recalled due to engine fires. In North America, the recall includes various models like 2014 Escape SUVs, Transit Connect small vans released between 2013 and 2015, 2014 and 2015 compact Fiesta STs, and 2013 and 2014 Fusion midsize cars, notes CNBC.
In Europe, the recalled models included C-Max hybrid and Focus small cars released between 2010 and 2015 and Transit Connect vans released between 2013 and 2015. All these vehicles have four-cylinder turbocharged engines with 1.6 liter capacity.
Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, co