Ford is recalling over 550,000 F-150 pickup trucks from the 2014 model year in the US. The recall is due to an issue where the transmissions can unexpectedly downshift to first gear at any speed, increasing the risk of a crash. The problem is caused by a lost signal between the transmission speed sensor and the powertrain control computer, which can also be caused by corrosion or connector pin issues. Owners may see a malfunction light before downshifting occurs, and in some cases, signals can be restored while driving, but a restart may be needed to fix the issue. Dealers will update the powertrain control software free of charge, with repairs expected to be available in the third quarter of 2024.
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00:00It's Benzinga, and here's what's on the block.
00:02Ford is recalling over 500,000 F-150 pickup trucks from the 2014 model year in the United
00:09States.
00:10The recall is due to an issue where the transmissions can unexpectedly downshift to first gear at
00:14any speed, increasing the risk of a crash.
00:17The problem is caused by a lost signal between the transmission speed sensor and the powertrain
00:21control computer, which can also be caused by corrosion or connector pin issues.
00:27Dealers may see a malfunction light before downshifting occurs, and in some cases, signals
00:32can restore while driving, but a restart may be needed to fix the issue.
00:36Dealers will update the powertrain control software free of charge, with repairs expected
00:41to be available in the third quarter of 2024.
00:43For all things money, visit Benzinga.com.