Ford ignition worries
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August 20, 2001: 9:51 a.m. ET
For those with Ford vehicles, a list of autos with ignition problems
By Julie Vallese
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NEW YORK (CNNfn) - Ford Motor Co. said Friday its third- and fourth-quarter results will be lower than analysts' estimates and, as part of a plan to cut costs, the company will offer between 4,000 and 5,000 management employees early retirement packages.
The auto maker's shortfall comes before it takes $900 million of charges relating to lawsuits and its latest settlement for faulty ignitions into account.
The following is the list of vehicles that may posses the faulty switches.
Q: I would like to know what Ford models have the faulty ignitions that I've been hearing about since the recall was court mandated in California. Is the 1983 Ford Fairmont Futura one of these vehicles. What can I do if it does have one of the faulty ignitions. What kind of problems does this defective ignition cause? Please respond soon, I drive this car to school and work everyday.
Thank you,
Tina Gallion
A: Ford Motor Co. has proposed a settlement agreement to replace faulty ignition switches on an estimated 5 million vehicles. The ignition switches known as the "thick-film ignition module" regulates electric currents to spark plugs. In certain models the switch was mounted on the distributor which heats up quickly and can cause the car to stall without warning.
Ford has said they will replace ignition switches that have stalled and have no more than 100,000 miles. They also agreed to extend the warranties from 50,000-to-100,000 miles on vehicles with distributor mounted ignition modules going back to 1983 so owners can have the problems fixed for free.
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