Ford is recalling almost 1.4 million of its F-150 pickup trucks in the U.S. because of a gearshift issue that may lead to drivers losing control of their vehicles and increase the risk of a crash. The automaker is aware of two injuries and one accident potentially related to the issue. The recall includes F-150 light trucks with a six-speed automatic transmission that were produced between March 12, 2014 an Aug 18, 2017.
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AP Wire
AP Wire
Vehicle ownership has long been a big part of the American dream. But it is getting harder for some buyers as automakers pare back cheaper models to chase well-heeled customers who can afford big, loaded pickups and SUVs. New vehicles now list for an average of nearly $50,000, up 30% in six years. That is leading more consumers to loans that spread the cost over as much as seven years. Meanwhile, the used market has its challenges. The number of vehicles listing for less than $30,000 has dropped sharply in the past five years. The challenge of buying a car is part of rising concerns about affordability throughout American life.