Ford Recalls Nearly 149,000 Mustangs Due to Wiring Harness Defect
Ford Motor Company (NYSE:F) has announced a recall of nearly 149,000 U.S. vehicles from the 2024 through 2026 model years due to potential fractures in engine compartment wiring harness ground connections. The defect could lead to loss of drive power or disable critical systems like headlights and air conditioning, posing safety risks. Dealers will replace affected components free of charge, but a full remedy is not expected until March 2027. This recall marks Ford's third vehicle-related issue in the same week, following recalls for issues with daytime running lamps and engine piston domes across multiple models including Mustangs, Explorers, Broncos, Rangers, Mavericks, and F-150s. Despite these challenges, Ford has raised its full-year adjusted EBIT guidance to $10 billion–$11 billion due to strong performance in core business segments like Ford Pro and Ford Blue.
Tickers: $F
Topics: automotive Ford Motor Company recalls