3 Auto Stocks Going Places: Ford’s Latest Recall, GM Weighs Peugeot Options, and Toyota Set to Grow U.S. Market Share
Ford Motor Company (NYSE:F): Ford has recalled 13,000 Explorer, Taurus and Lincoln MKS cars and SUVs for a fault that might cause the rear child safety locks to not work. Cars of the 2013 model year and sold in the U.S., Canada, and Mexico are the vehicles primarily affected. Ford says the safety locks can be turned off when the doors are opened or closed, allowing a door to be opened with the inside door handle and possibly hurt a child. The company says no injuries have been reported from the problem.