Ford Recalls SUVs In US Over Fire Risk: Reuters

Ford Motor Co (NYSE:F) is recalling 198,000 SUVs in the U.S. due to fire risk, Reuters reported.
The recall covers the 2015 - 2017 model year Ford Expedition and Lincoln Navigator vehicles.
The company has received three reports of fires linked to damage to property structures, with one minor injury, the report specified.
The issue has affected vehicles' higher mileage and time-in-service and is unrelated to Ford's July recall of 2021 Expedition and Navigator vehicles.
The report added that Ford also recalled 1,175 2022-model year Mustang Mach-E vehicles due to faulty right-rear axle half shafts manufacturing.
Price Action: F shares are trading lower by 1.35% at $15.03 on the last check Thursday.