AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.00 Decreased By ▼ -0.53 (-0.41%)
BOP 6.76 Increased By ▲ 0.08 (1.2%)
CNERGY 4.50 Decreased By ▼ -0.13 (-2.81%)
DCL 8.70 Decreased By ▼ -0.24 (-2.68%)
DFML 41.00 Decreased By ▼ -0.69 (-1.66%)
DGKC 81.30 Decreased By ▼ -2.47 (-2.95%)
FCCL 32.68 Decreased By ▼ -0.09 (-0.27%)
FFBL 74.25 Decreased By ▼ -1.22 (-1.62%)
FFL 11.75 Increased By ▲ 0.28 (2.44%)
HUBC 110.03 Decreased By ▼ -0.52 (-0.47%)
HUMNL 13.80 Decreased By ▼ -0.76 (-5.22%)
KEL 5.29 Decreased By ▼ -0.10 (-1.86%)
KOSM 7.63 Decreased By ▼ -0.77 (-9.17%)
MLCF 38.35 Decreased By ▼ -1.44 (-3.62%)
NBP 63.70 Increased By ▲ 3.41 (5.66%)
OGDC 194.88 Decreased By ▼ -4.78 (-2.39%)
PAEL 25.75 Decreased By ▼ -0.90 (-3.38%)
PIBTL 7.37 Decreased By ▼ -0.29 (-3.79%)
PPL 155.74 Decreased By ▼ -2.18 (-1.38%)
PRL 25.70 Decreased By ▼ -1.03 (-3.85%)
PTC 17.56 Decreased By ▼ -0.90 (-4.88%)
SEARL 78.71 Decreased By ▼ -3.73 (-4.52%)
TELE 7.88 Decreased By ▼ -0.43 (-5.17%)
TOMCL 33.61 Decreased By ▼ -0.90 (-2.61%)
TPLP 8.41 Decreased By ▼ -0.65 (-7.17%)
TREET 16.26 Decreased By ▼ -1.21 (-6.93%)
TRG 58.60 Decreased By ▼ -2.72 (-4.44%)
UNITY 27.51 Increased By ▲ 0.08 (0.29%)
WTL 1.41 Increased By ▲ 0.03 (2.17%)
BR100 10,450 Increased By 43.4 (0.42%)
BR30 31,209 Decreased By -504.2 (-1.59%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
Business & Finance

Ford extends warranties on 560,000 Focus, Fiesta models

WASHINGTON: Ford Motor Co said on Wednesday it was extending warranties on clutch and related hardware in 560,000 Fo
Published August 14, 2019

WASHINGTON: Ford Motor Co said on Wednesday it was extending warranties on clutch and related hardware in 560,000 Focus and Fiesta cars in the United States and Canada after reports of problems with their six-speed transmission.

The company said it would reimburse any repair charges to customers of 2014 through 2016 model cars, and offer other owners another chance to get a software update to fix the issue.

The problems with the cars' automatic transmission DPS6 - made to improve the vehicle's fuel economy - include a degree of vibration when the transmission is operated at low speed, and a potential for the transmission to default to neutral.

"Ford understands and regrets that many customers have been inconvenienced and frustrated by the performance of the DPS6 transmission," said Dave Filipe, vice president of power train engineering at Ford.

The company declined to reveal how much it would cost to offer the extended warranties and said the decision was independent of news reports or lawsuits related to the issue.

The announcement means warranty coverage for these vehicles is the same that has been in place since July 2014 for older Focus and Fiesta cars.

The National Highway Traffic Safety Administration (NHTSA) said Wednesday it "has reviewed recent complaints and other data associated with" the customer satisfaction campaigns announced by Ford intended to address reports involving shuddering and loss of power.

"Based on a review of this information, and other information including severity and frequency, NHTSA has not found evidence of an unreasonable risk to safety," the agency said adding it "will continue to monitor complaints and other data, maintain communication with Ford, and take action as necessary."

In 2017, Ford settled a class-action lawsuit over the transmissions and agreed to pay owners of 2011-2016 Ford Fiesta or 2012-2016 Ford Focus vehicles up to $2,325 to compensate them for prior repair costs and other provisions. That settlement is pending until a federal appeals court decides whether to uphold it.

Copyright Reuters, 2019

Comments

Comments are closed.