Ford recalls 205000 Edge, MKX SUVs for fuel tank issue

29 Oct 2014 | Author: | No comments yet »

Ford Recalls 205,000 SUVs In Cold Weather States Over Gas Tank Issues.

DEARBORN, Mich. – Ford is recalling about 205,000 SUVs in cold-weather states and parts of Canada to fix gas tanks that can rust, leak and cause a fire. Reuters said Ford CEO Mark Fields has earmarked at least $1 billion annually for Lincoln over the next five years, compared with $2 billion spent on the division since 2012, according to an unnamed source.Ford Motor Co. on Wednesday issued a recall for 204,447 2007-08 Ford Edge and Lincoln MKX SUVs vehicles for rust under the reinforcement brackets where the fuel tank is mounted.

DETROIT — Ford Motor Co.’s new chief executive, Mark Fields, is giving the automaker’s long-moribund Lincoln brand what his predecessor, Alan Mulally, never could: a little love and a lot of cash. The SUVs are being recalled in Connecticut, Delaware, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, West Virginia, Wisconsin and Washington, D.C.

The expenditures will pay for a new MKX crossover next year; a new MKS sedan in 2016; a new Navigator with an aluminum body in 2017; a refresh for the recently introduced MKC crossover in 2018; and replacements for the MKZ sedan and MKT crossover in 2019, both of which may get new platforms. Now, Fields has committed the automaker to a multiyear, multibillion-dollar overhaul of Lincoln that includes a significant investment in a new premium vehicle platform that will underpin several future Lincoln vehicles, four sources told Reuters. The brand’s most recent success has been the new MKC compact crossover, which offers styling and driving dynamics that are distinct from the Ford Escape on which the MKC is based. Ford executives said last month that the immediate goal of the latest Lincoln turnaround effort is to triple the brand’s global sales to 300,000 vehicles by 2020. A longer-range target is to restore Lincoln’s luster as a premium automotive marque in the United States and build it into a formidable competitor in China, where Ford is launching the brand.

The affected vehicles include 2007-08 model year Edge and MKX vehicles built at Ford’s Oakville Assembly Plant in Ontario from June 15, 2006 to Sept. 22, 2008. The springboard for the Lincoln revival plan is a new family of vehicles that will be built on a highly flexible premium platform that can be configured for front-, rear- and all-wheel-drive vehicles, according to industry sources. But his successor, Fields, has directed his management team to try to reverse a long-term U.S. sales skid that has seen Lincoln sink from the No. 1 spot in 1998 to eighth place among luxury brands, with about half the sales of General Motors Co.’s Cadillac and one-quarter the sales of segment leader Mercedes.

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