Key insights
- Ford is recalling over 254,000 SUVs in the US due to a software glitch potentially disabling rearview cameras and ADAS features. While a negative headline, the issue is addressable via software update (OTA or dealer). The impact on Ford's stock is likely minimal unless the fix proves problematic or costly.
March 24 (Reuters) - Ford Motor is recalling 254,640 SUVs in the U.S. over software issues that may result in the loss of rearview camera image and some advanced driver assistance (ADAS) features, the U.S. National Highway Traffic Safety Administration said on Tuesday.
Here are some details: * The recall includes Lincoln Navigator, Lincoln Nautilus,Lincoln Aviator and Ford Explorer SUVs, according to the NHTSA. * An unexpected reset of an image processing software maycause loss of ADAS features like pre-collision assist,lane-keeping assist, and blind-spot monitoring. * NHTSA said the software will be updated by a dealer orby the company through an over-the-air (OTA) update.