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Ford’s Latest Recall Will Cost An Estimated $570 Million

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ford s latest recall will cost an estimated 570 million

Ford has issued another recall, this time for almost 700,000 crossovers in the United States. While the automaker has had far more recall actions than any other company this year, this one came with a price tag, as Ford disclosed the recall expenses on a recent earnings call.






ford s latest recall will cost an estimated 570 million

The recall covers 694,271 2021-2024 Bronco Sports and 2020-2022 Ford Escapes with a 1.5-liter engine, which can experience a fuel leak, increasing the risk of fire. Ford said it expects around 0.3 percent of the recall population to have the defect, or a little over 200,000 vehicles. If the problem is present, drivers may notice a strong fuel smell, smoke, or see warning lights in the dash.

Ford estimates that about 0.3 percent of the recall population has the problem, which is a little under 3,000 vehicles. The cost? Ford quoted an estimated $570 million expense to fix the problem, which it classified as a “special item” in its second-quarter earnings report. In a statement, the automaker said, “Accordingly, it will not impact our total company adjusted (earnings), adjusted earnings per share, or adjusted free cash flow.”






ford s latest recall will cost an estimated 570 million

This recall might not impact Ford’s bottom line, but it adds to the automaker’s pile of recalls so far in 2025. Ford has accumulated 89 recalls, more than any other automaker, including Stellantis, which has recorded 18 so far this year.

[Images: Ford]

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