Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
Sanofi Reports Positive Late-Stage Results for Amlitelimab in Eczema Treatment 
Baidu Shares Surge After Official Launch of Advanced Ernie 5.0 AI Model 
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom 
Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
Winter Storm Triggers Widespread Flight Cancellations Across U.S. as Airlines Urge Travelers to Rebook 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
South Korea Exports Hit Record High as Global Trade Momentum Builds 
JPMorgan and Allen & Company Emerge as Big Winners in Warner Bros Discovery Bidding War 
BitGo IPO Prices Above Range, Raises $212.8M in Landmark Crypto Market Debut 
Apple China Holiday Sale Offers Discounts Up to 1,000 Yuan on Popular Devices 
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion 
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes 
Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading 
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty 
Goldman Sachs CEO David Solomon’s 2025 Pay Soars to $47 Million After Strong Deal-Making Year 
Ford Motor Co. announced on Monday, June 28, that it would be recalling some units of its F-150 Lightning pickup trucks. The company said the total number of the affected vehicles is 2,900.
As per Reuters, out of the 2,900 recalled Ford F-150 trucks, 2,666 were sold in the United States and 220 in Canada. At the time of the notice, there are no reports of injuries or accidents yet related to the recall.
Ford Motor stated that a defect had been detected on the said pickup truck model. There is a problem with the software that may result in a failure to provide the driver with an appropriate warning of low tire pressure.
It was explained that the pickup’s tire pressure monitoring system (TPMS) light might not light up at times that it was supposed to. When this happens, it may not be able to warn the driver about any low tire inflation pressure as the recommended tire cold inflation pressure value was not properly set to 35 psi. Ford Motor said that the correct inflation pressure should be 42 psi.
This issue may lead to poor vehicle handling, and there is a possibility for the driver to lose control of the vehicle, which increases the risk of a crash. For the remedy, Ford Motor will update the Body Control Module (BCM) software of the affected F-150 Lightning pickup trucks.
The update is said to be available via an over-the-air update in 30 days. For the units that were not delivered yet, authorized dealers will update the software to fix the issue before turning over the trucks to customers. It was mentioned that this recall on the F-150 is the first for the Ford Motor electric pickup truck lineup.
Inside EVs mentioned that the Ford Motor recall affects the units with 20” or 22” all-season tires. The Dearborn, Michigan-headquartered automobile manufacturer encourages owners of the trucks to check if their tire pressure matches the values indicated on the Tire and Loading Information label that can be found inside the driver-side front door jamb.
Finally, Ford Motor already started sending out recall notifications to customers through email and the FordPass mobile app. Vehicle owners can avail of the software update from dealers, and this will only take mere 20 minutes to complete.
