Ford recalls one million vehicles over rearview camera malfunctions
Ford is recalling more than 1 million vehicles due to a software problem that can cause the rearview cameras to freeze or delay images while a driver is reversing.
The National Highway Traffic Safety Administration said in a notice that the error on some Ford vehicles poses crash risks as the backup camera may not accurately display images correctly while drivers are backing up.
Ford said that no injuries have been reported in connection to the issue, but noted that it is "aware of one allegation of a minor crash resulting in property damage," according to the recall notice.
The NHTSA notified Ford of the issue on January 17.
Owners of affected vehicles will receive a letter in the mail about the issue by June 16, according to the notice. A second letter will be mailed out later this year with further information once a solution is made available.
Ford said it is planning to update its vehicle software this year for free through its dealers or through remote updates.
Owners with concerns can contact Ford customer service at 1-866-436-7332. The recall number connected to the latest recall is 25549.
The list of vehicles on the recall list are:
Ford F-150 2021-2024
Ford Edge 2021-2024
Ford Bronco 2021-2024
Lincoln Nautilus 2021-2023
Ford Mustang Mach E 2021-2023
Ford Transit 2022-2025
Ford Expedition 2022-2024
Lincoln Navigator 2022-2024
Lincoln Corsair 2023-2024
Ford Escape 2023-2024
Ford F-350 SD 2023-2024
Ford F-250 SD 2023-2024
Ford F-450 SD 2023-2024
Ford F-550 SD 2023-2024
Ford F-600 SD 2023-2024
Ford Mustang 2024
Ford Ranger 2024
Ford has had several recalls this year. Earlier in the month the company issued another recall over a potentially faulty brake system. More than 270,000 Ford Expeditions and Navigators built between 2022-2024 were named in the recall.
In February the company recalled approximately 240,000 Explorer and Lincoln Aviator SUV's due to a seat belt issue.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
22-year-old man killed in head-on crash in Northern Miami Valley
A man is dead, and a woman is hospitalized after a local head-on crash Thursday afternoon. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] Deputies and medics responded at 12:43 p.m. to Clover Four Road, east of Guadalupe Road, in Marion Township, on initial reports of a crash, according to Mercer County Sheriff Doug Timmerman. TRENDING STORIES: Steeple collapses after fire rips through historic Catholic church US Marshals take 1 in custody after nearly 12-hour standoff' Area police chief placed on paid leave pending misconduct investigation A 22-year-old driver, Trent Pleiman, was driving a 2013 silver Ford sedan on Clover Four Road when it went left of center into the opposite lane. It hit a 2019 red Jeep SUV head-on, driven by Allison Bruggemen, 24, a preliminary investigation revealed. Medics transported her to Mercer Health. She was later taken to Miami Valley Hospital by CareFlight. Pleiman was pronounced dead at the scene, Sheriff Timmerman said. This is the third deadly crash in Mercer County this year. [SIGN UP: WHIO-TV Daily Headlines Newsletter]
Yahoo
4 hours ago
- Yahoo
Superior Industries International, Inc. (SUP): A Bull Case Theory
We came across a bullish thesis on Superior Industries International, Inc. (SUP) on Alpha Ark's Substack. In this article, we will summarize the bulls' thesis on SUP. Superior Industries International, Inc. (SUP)'s share was trading at $0.50 as of 27th May. SUP's forward P/E was 4.01 according to Yahoo Finance. Christian Lagerek/ Superior Industries, one of the world's largest aluminum wheel manufacturers, is emerging as a compelling deep-value opportunity despite ongoing industry headwinds. The company produces nearly 14 million units annually, serving major automakers like GM, Ford, VW, and Toyota, and has taken aggressive steps to counter macroeconomic challenges. After facing disruption from COVID, a post-pandemic demand peak, and now softening consumer demand, Superior has enacted cost-cutting measures and shifted operations to lower-cost regions such as Poland and Mexico. Although the company is burdened with $483 million in high-interest debt and $300 million in preferred stock, its current Net Debt/EBITDA ratio of 3.4x remains within covenant limits, supported by healthy liquidity. Notably, recent U.S. tariffs on imports have had minimal impact, as only 25% of Mexican production is exposed, and most customers assemble in Mexico, shielding the business. On the contrary, these tariffs may strengthen Superior's competitive moat by disadvantaging Chinese and Moroccan rivals. Value-added sales per wheel have grown 34% since 2019 due to a shift toward larger, premium, and EV-focused products, though total unit volumes declined from 19 million to 14 million due to lower-end volume losses. However, Superior remains the go-to supplier for most mid-to-high-end customers and is operating below capacity, with new contracts poised to lift volumes in 2025. Trading at just 5.6x 2025 EV/EBITDA and turning cash flow positive, the company offers significant upside. Valuations suggest a $27–$30/share target by 2028, reflecting 12–13x potential returns. Despite sector volatility and leverage risks, Superior's transformation positions it as a high-upside asymmetric bet. Previously, we have covered Superior Industries International, Inc. (SUP) in November 2024 wherein we summarized a bullish thesis by everyonehatespoetry on Substack. The author cited improving earnings, strong value-added margins, and potential refinancing options despite a complex capital structure. The article emphasized that EV and SUV trends were driving growth, while leverage remained the main challenge. Superior Industries International, Inc. (SUP) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 7 hedge fund portfolios held SUP at the end of the first quarter which was 8 in the previous quarter. While we acknowledge the risk and potential of SUP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than SUP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Journals
5 hours ago
- Business Journals
Building together: How strategic partnerships strengthen housing solutions
In communities across the country, the need for housing continues to grow. No single developer, nonprofit, or public agency can meet this demand alone. Today's most effective housing solutions go beyond construction — they rely on collaboration to meet the various needs of the holistic population. At Ryan Companies, we've seen how strategic partnerships between private developers and mission-driven organizations lead to more inclusive, meaningful results. These partnerships combine capacity with local insight and help unlock opportunities that wouldn't be possible otherwise. Highland Bridge in Saint Paul, Minnesota, offers a strong example. This 122-acre redevelopment of a former Ford plant is evolving into a vibrant neighborhood that will include 3,800 residences, 20 percent of which are affordable. Achieving that level of affordability was possible only through intentional collaboration with affordable housing developers. These organizations brought deep experience in affordable housing finance and community engagement. Ryan provided complementary expertise, including site development, infrastructure delivery, financial modeling, and vertical construction. Together, the team pursued funding opportunities and built a shared vision focused on long-term community value. For larger firms like ours, working alongside an Affordable Housing Developer with local expertise brings more than project feasibility. It broadens our understanding, strengthens our approach, and deepens our commitment to community impact. Partnerships like these also support long-term affordability and integration, helping to ensure that housing is connected to schools, parks, jobs, and transit. These collaborations also benefit our peers. Shawn Wilson, founder and president of Blue Sky Communities, a Florida-based affordable housing developer, explains: 'Most affordable housing gets built as a one-off standalone property in a marginal (or even blighted) area. We want to move toward grander collaborations with cities and large developers where we can integrate our residents more fully into the surrounding neighborhood.' Blue Sky's work across Florida demonstrates the power of these relationships. The Adderley in Tampa, for example, delivers 128 affordable homes for families in a high-opportunity area. The project, backed by local and federal funding, addresses a critical housing gap while contributing to the revitalization of the surrounding neighborhood. Cross-sector partnerships like these open new avenues for investment and creativity. By combining funding sources, land access, design capabilities, and community knowledge, projects become more financially and socially sustainable. When each partner brings a specific strength to the table, the results are more impactful and better aligned with community needs. This model also helps address a frequent challenge in affordable housing: true integration. When developers and nonprofits collaborate from the start, it leads to thoughtful site planning, a higher standard of design, and better alignment with the surrounding community. For Ryan, seeking out partnerships is not just a business strategy but a reflection of our values. We are committed to working with community-based organizations and developers led by women and people of color. These relationships promote equity in both process and outcome, ensuring that new development reflects the diversity of the communities we serve. expand Ryan Companies photo As the conversation around affordability continues, the role of public-private-nonprofit collaboration is more important than ever. Whether through mixed-income developments, housing integrated with services, or neighborhoods planned with long-term affordability in mind, partnerships provide a more resilient foundation. The real estate industry has an opportunity to do more than produce housing units. Through thoughtful collaboration, we can help create places that are inclusive, stable, and full of opportunity — for everyone. Let's connect to discuss how Ryan can create lasting value for your business. Founded in 1938, Ryan Companies is a national real estate firm offering development, design, construction, capital markets and management services across sectors like health care, industrial, office and multifamily. With 1,700+ team members in 17 offices, Ryan delivers integrity-driven projects nationwide. Jon Paul Bacariza is the corporate leader of Ryan in the Florida office, providing direction to our development, design, construction, real estate management and capital markets teams throughout the region. Bacariza draws on strengths of leaders on his team while developing and executing a plan to source new opportunities and continue building Ryan's success throughout his region. He provides strategic vision in earning projects that best align with Ryan's expertise and future goals.
