US Regulator Opens Probe into 368,309 Ford SUVs Over Brake Issues

On Friday, a U.S. auto safety regulator said it was investigating 368,309 Ford Motor (NYSE: F) crossover SUVs in the country over loss of braking caused by rear brake hose failure.

The preliminary evaluation covers some Ford Edge crossovers from model years 2015-2017, the National Highway Traffic Safety Administration said.

The complaints also allege that the loss of braking ability occurs without any prior warning and results in a higher stopping distance, the regulator said.

Ford Motor (NYSE: F) said it was working with the NHTSA to support its investigation.

In 2020, the automaker recalled 488,000 Ford Edge and Lincoln MKX vehicles in the U.S. for brake hose failures.

(Source: ReutersReuters)

Ford Motor NYSE: F

Edward Cooke

Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment.

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