Ford recalls 1.5M more vehicles for faulty door latch

Greg Gardner
Detroit Free Press
The 2015 Ford Escape is one of several models covered by a recall to fix potentially defective side door latches. The recall was expanded Thursday to cover 1.5 million additional vehicles. As a result Ford trimmed its 2016 profit forecast by $600 million.

Ford dropped its 2016 profit forecast Thursday by $600 million after expanding an existing door latch recall to 1.5 million additional vehicles.

"We now expect our 2016 total company adjusted pretax profit to be about $10.2 billion," the automaker disclosed in a filing with the Securities and Exchange Commission. Previously, Ford told investors it expected pretax profits of $10.8 billion for the full year.

The filing also estimated the cost of the expanded recall at $640 million, which will reduce Ford's third-quarter earnings.

"We continue to expect our total company adjusted pretax profit in the third quarter of 2016 to be about 10% of our full-year 2016 results," the filing stated.

The initial recall, issued Aug. 4, covered 2013 through 2015 model C-Max and Escape; 2012 through 2015 Focus; 2014 through 2016 Transit Connect, and 2015 models of the Lincoln MKC and the Mustang in selected regions. But officials at the National Highway Traffic Safety Administration pushed the company to make it a national recall, and Ford agreed to expand it.

Now the recall covers nearly 2.4 million vehicles in North America, or 2 million in the U.S.; 233,034 in Canada and 61,363 in Mexico.

The risk is that the pawl spring tab in the side door latch could break, which could prevent the door from closing. Ford has identified one accident and three injuries related to the defect.

Dealers will replace side door latches at no cost.

Owners who want to know whether their vehicle is included in the recall can go to and click on safety recalls, then enter their vehicle identification number.

Separately, Ford announced that John S. Weinberg, retired vice chairman of Goldman Sachs, will join its board of directors. Weinberg, 59, advised Ford for 15 years while he worked for Goldman Sachs.

“Having worked with him for many years, John is a trusted advisor with a deep understanding of Ford, our history and the future needs of our business,” said Executive Chairman Bill Ford, in a statement. “With his expertise in finance, banking and the capital markets, John is a fantastic addition to our board.”

Contact Greg Gardner: 313-222-8762 or Follow him on Twitter @GregGardner12.