00:00It's Benzinga bringing Wall Street to Main Street.
00:02Ford Motors recalling nearly 1.1 million vehicles across multiple models from 2021 to 2025, according to CNBC.
00:10The recall is due to a software defect that may cause rear-view camera images to freeze, delay, or not display,
00:16increasing crash risk according to a new NHTSA filing.
00:20The issue was reproduced by Ford engineers in April and linked to specific software variants.
00:24Ford reported one minor crash tied to the defect and plans to remedy the issue via over-the-air software updates.
00:31Order notification letters will be sent starting June 16th.
00:34This recall follows previous Ford recalls for similar issues and comes months after the company agreed to a $165 million penalty for delayed action on camera defects.
00:44For all things money, visit Benzinga.com slash GSTV.
Comments