Ford Motor Corporation has already suffered with troubles with literally most of the cars that it has produced over the past few years. The company has already recalled cars after cars in first half of 2014. All of this was just enough for them to handle until National Highway Traffic Safety Administration has started looking into approximately 500,000 cars. According to the NHTSA, the 500,000 cars that they are investigating supposedly has issues with the steering section and can be the source of a major highway accident.
The categories of the Ford production that falls under the list of 500,000 cars include Crown Victoria, Grand Marquis and Marauder models. Majority of the cars that are suspected to have the issues have been manufactured by Ford during the period of 2004 to 2007.
According to the official review by the National Highway Traffic Safety Administration, the heat shield in the steering section can rust and lead to a blockage in the steering wheel and a blocked steering can lead to a serious accident.
According to the reports, The NHTSA has already received complaints about the issues and thus has decided to look into the matter. On the other hand, an official from Ford has stated that the company will cooperate with the investigation completely. As a result of yet another incident with the cars, Ford is running low in the market. The sales have taken on a bump and the share price seems to be unstable, still they have risen above 11 percent in past three months.
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