Join        Login             Stock Quote

Ford Motor (F): Cooling System Software Update To Address Fire Issue

 December 10, 2012 02:13 PM

(By Balaseshan) Automaker Ford Motor Co. (NYSE: F) said it will update the cooling system software on 2013 Ford Escape and Ford Fusion models to address potential engine overheating that could result in fires.

Ford announced a corrective action to address potential engine overheating that could result in engine fires in SE and SEL models of the 2013 Ford Escape and Ford Fusion models equipped with 1.6-liter engines. The vehicles were subjects of a voluntary safety recall announced Nov. 30.

Ford will make software updates to the cooling system of the 1.6-liter engine available in the SE and SEL models of the 2013 Ford Escape and 2013 Ford Fusion.

[Related -Ford Motor Company (F): What To Watch In Q4 Results?]

The software updates will better manage engine temperatures during a unique overheating condition that could occur under unique operating conditions. The original cooling system design was not able to address a loss of coolant system pressure under certain operating conditions, which could lead to a vehicle fire while the engine was running.

The company said Escapes equipped with the 2.0-liter and 2.5-liter engines are unaffected as are Fusions equipped with 2.5-liter and hybrid engines.

Beginning early next week, customers will be able to get the software update at their dealer. The time needed for this repair is less than one-half day. However, due to service scheduling requirements, a dealer may need the vehicle for a longer period of time.

F is trading up 0.17% at $11.50 on Monday. The stock has been trading between $8.82 and $13.05 for the past 52 weeks.

iOnTheMarket Premium


Post Comment -- Login is required to post message
Alert for new comments:
Your email:
Your Website:

rss feed

Latest Stories

article imageWatch This Alternative Investment for a Buy Signal

All major U.S. indices closed essentially unchanged last week except for the small-cap Russell 2000. While read on...

article imageUS REITs Edged Higher Last Week As Emerging Markets Slumped

Real estate investment trusts (REITs) in the US took the lead in last week’s shortened holiday trading week read on...

article imageA Contrarian Perspective On The Short EuroTtrade

As the euro continues to drift lower, it has become the accepted wisdom that we are headed for parity with read on...

article imageEmerging-Markets Stocks Took The Lead Last Week

Emerging-markets equities enjoyed a solid rise last week among the major asset classes, based on a set of read on...

Popular Articles

Daily Sector Scan
Partner Center

Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.