The National Highway Traffic Safety Administration announced on July 15 that Ford Motor Company is recalling more than 694,000 Bronco Sport and Escape vehicles with fuel injectors that may crack and leak fuel inside the engine compartment.
The news sent Ford’s shares tumbling during the early morning session on July 16 after the Detroit automaker said the increase in recalls reflects the company’s strategy “to quickly find and fix hardware and software issues and go the extra mile to help protect customers.”