Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Ford Motor Company is recalling more than 870,000 F-150 pickup trucks from 2021 to 2023 models due to a potential parking brake malfunction that could unexpectedly activate, posing a crash risk. The recall follows 918 warranty claims and three wire chafing reports.
Alabama News reported that Ford Motor is recalling newer models of its F-150 trucks in the United States as the electric parking brakes may suddenly switch on. To be more exact, the recall affects pickups with single exhaust systems and vehicles from the 2021 to 2023 model years. It was noted that the automaker’s F-Series are its top-selling units in the U.S.
The company said in the recall that owners may see a parking brake warning light and a warning message on their dashboard. It was explained that the unexpected activation of the parking brakes could happen when a rear wiring bundle can come in contact with the rear axle housing.
The sudden contact may graze the wiring, and the action can result in a short circuit. Under this circumstance, the parking brake may turn on even without any action from the driver. This flaw can increase the risk of a crash; thus, Ford Motor issued the recall.
The automobile manufacturer based in Dearborn, Michigan, said it has already received 918 warranty claims in addition to three wire chafing reports in North America. In these claims, 299 mentioned unexpected parking brake activation, and 19 drivers said the defect occurred when they were on the road.
“Damaged electric parking brake wiring may lead to inadvertent parking brake application while driving, potentially resulting in loss of control of the vehicle and increasing the risk of a crash,” SiLive.com quoted Ford Motor as saying in the documents it filed with the National Highway Traffic Safety Administration (NHTSA).
Ford Motor will send letters starting Sept. 11 to inform owners of F-150 trucks about the issue. Drivers may also inquire about the recall by contacting Ford customer service at (866) 436-7332 and stating the recall number 23S35.
Photo by: David French/Unsplash
