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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Recalls

Ford recalls nearly 1.4 million vehicles

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Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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May 29, 2014, 4:04 PM ET
Most U.S. Autos on Lots Since 2005 Has Ford Lead Output Cut
A row of 2014 Ford Motor Co. Escape vehicles sit on display at Uftring Ford in East Peoria, Illinois, U.S., on Saturday, Nov. 30, 2013. Automakers entered their year-end sales push in November with the most cars and trucks on U.S. dealer lots in eight years, a buildup thats poised to test the industrys newfound pricing discipline. Photographer: Daniel Acker/Bloomberg via Getty ImagesPhotograph by Daniel Acker — Bloomberg via Getty Images
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Continuing what has been a year heavy in American auto recalls, Ford Motor Company (F) on Thursday issued four separate vehicle recalls that cover almost 1.4 million automobiles, according to Reuters reports.

The company said it will recall 915,216 North American Ford Escape and Mercury Mariner SUVs from 2008 to 2011 model years because of a potential loss of power steering, which can increase the risk of a crash at lower rates of speed, Reuters said.

The steering problems have reportedly led to six crashes and five injuries.

Ford also reportedly said 195,527 Explorer SUVs in North America from the 2011 to 2013 model years will be recalled.

Separately, Ford said it is recalling nearly 200,000 Taurus sedans in North America from the 2010 to 2014 model years over a corrosion issue, plus 82,576 sedans with floor mats that may inhibit accelerator pedals, Reuters said. These floor mats were put in 2006 to 2011 model year Ford Fusion and Mercury Milan and Lincoln Zephyr and MKZ sedans, according to the report.

In total, the day’s recall tally comes to nearly 1.4 million vehicles.

A spokesperson for Ford was not immediately available for comment.

Ford rival General Motors and the U.S. Department of Transportation recently agreed a settlement over the timing of GM’s reaction to an ignition switch flaw that led to a recall of more than 2 million cars.

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