graphic
Personal Finance > Your Home
Ford recalls 3.3M cars
December 22, 1998: 4:02 p.m. ET

Taurus, Sable, Continental models need fix for corrosion problem
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - About 3.3 million Taurus, Sable and Continental cars are being recalled by Ford Motor Co. for possible corrosion problems.
     The 1986-1995 Tauruses and Sables, and 1988-1994 Lincoln Continentals were originally sold or registered in the Northeast and Midwest states, Washington D.C., and seven Canadian provinces.
     The automaker said the use of salt during snowy weather in those areas could cause the mounts at the rear corners of the subframe, which supports the engine and transmission, to separate due to corrosion.
     Ford said that when the mounts separate, the rest of the subframe can drop, causing steering problems.
     Ford said it believes only about 1 percent of the vehicles being recalled are affected by the problem.
     A spokeswoman for Ford said the problem was mentioned in reports involving seven accidents and two injuries.
     Ford said owners of affected vehicles would be notified by mail. The company said it was asking owners to bring their vehicles to dealers for installation of new reinforcement plates, attaching bolts and plate nuts.
     Ford (F) also announced the recall of 170,000 1996-1999 Crown Victoria police, fleet, taxi and natural gas vehicles and Town Car limousines for a ball joint concern. And it recalled 19,000 Super Duty F-series motor home chassis vehicles for an accelerator cable concern.
     Ford stock was up 15/16 to 56-5/16 in late-afternoon New York Stock Exchange trading.Back to top

  RELATED STORIES

Chrysler recalls 685,000 cars - Oct. 7, 1998

  RELATED SITES

Ford

Portfolio manager


Note: Pages will open in a new browser window
External sites are not endorsed by CNNmoney




graphic

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.