Tuesday, February 8, 2011

Ford (NYSE:F) In Another Recall, This Time Explorers

So far in 2011, Ford Motor (NYSE:F) has recalled more vehicles already than it did throughout the entirety of 2010, the latest being Ford Explorers because of safety problems related to the seats in the back.

Over 900,000 vehicles have already been recalled by Ford this year, while last year approximately 600,000 vehicles had been recalled.

So far with the Explorers, over 1,600 are being recalled for the safety issue with the second row of seats, with Ford citing they may not provide enough strength if there were to be an accident.

The Ford Explorers being recalled were made from July through December of 2010.

In the case of the faulty seats, they came from their supplier Lear Corp., whereby the manual mechanism to recline the seat didn't meet federal safety standards.

It's unfortunate to see these things happen to Ford, as they built up a lot of good will with the American when they didn't take a handout from the government like their other American competitors did.

With a seemingly endless string of recalls, that has taken some of the shine off of the company.

It sounds like they need to shore up their quality control in order to catch these things before the reach the market.

Concerning the recalled Explorers, Ford will send out an official recall notice beginning on February 14.

Ford closed Monday at $16.11, gaining $0.39, or 2.48 percent.

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