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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.

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