Ford recalling nearly 117,000 vehicles to fix faulty bolts
Automobile major Ford Motor Company has confirmed that it has issued a recall for nearly 117,000 vehicles to fix certain safety issues.
The massive recall affects Ford F-150 pickup trucks, Escape and Lincoln MKC SUVs in addition to E-Series vans. The company revealed that the vehicles have been recalled to replace improperly tempered bolts in their seats as well as seatbelts.
Most of the vehicles that are being recalled by the auto giant are in the United States, but nearly 20,681 and 1,510 are in Canada and Mexico, respectively.
The company also warned that bolts in the seat, seat belt or seat belt buckle in the affected vehicles might fracture, which could lead to accident.
However, the manufacturer claimed that it wasn’t aware of any accidents or injuries linked with the aforementioned safety defects. Faulty bolts will be replaced by Ford dealers at no cost to the customer.
European Commission President Jean-Claude Juncker’s proposal to expand Eurozone by bringing more countries into it has triggered controversy, mainly in Germany, where Chancellor Angela Merkel is seeking re-election.
Wall Street soared to record highs on Friday, thanks to robust trading in telecommunication shares as well as bouncing back of technology shares after a couple of days of declines.
The European Union’s effort to increase tax on turnover of technology multinationals like Google and Amazon gained momentum as nearly one third of EU states are now in support of the plan, French Finance Minister Bruno Le Maire said on Friday.
Stock price of electric vehicle maker Tesla gained more than 3 per cent on Thursday, after the company’s founder and CEO Elon Musk confirmed plans to introduce an electric semi-truck.
Bitcoin suffered its steepest decline since January 2015 on Friday after a senior executive of China’s state-backed internet finance body said the controversial digital currency could pose risks because Bitcoins and other cryptocurrencies could be
Cupertino, California-based Apple Incorporated has quietly increased prices for the 256GB and 512GB models of its iPad Pro by $50, MacRumors reported.