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Ford Recall Expenses Hit $1.3B In Past 14 Months

Law360, New York (November 27, 2017, 8:46 PM EST) -- Ford Motor Co. has disclosed more than $1.3 billion in charges for recalls since September 2016, the latest being a $267 million charge for a recall of 1.3 million vehicles for door latch issues, according to a Monday report.

The car company last month recalled 1.3 million pickup trucks with defective door latches, an expense of $267 million, The Wall Street Journal reported Monday. Earlier this year, Ford announced it was expecting to spend $295 million on two recalls: one was another door latch problem in Ford Fiestas, 2013-14 Ford Fusions and 2013-14 Lincoln MKZ cars, and the other covered about 230,000 cars...

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