Ford issued two recalls today affecting nearly 450,000 vehicles and are expected to cost the company $295 million to resolve.
The first of the two involves about 231,000 vehicles equipped with 1.6-liter inline 4-cylinder engines, which pose a potential fire hazard. The vehicles with these engines include the 2013-2014 Fusion built at the Hermosillo, Mexico, factory, 2014-2015 Fiesta ST, 2014 Escape and the 2013-2015 Transit Connect.
The problem centers on a coolant problem. After the engine overheats, due to a lack of circulating coolant, the engine block can crack. Oil may leak from the crack and catch on fire. The automaker says there are 29 reports of fires in North America, but no injuries or deaths. (more…)