
Ford has reached a settlement with NHTSA over a recall of older Escapes last year, agreeing to pay the maximum $17.35 million fine to resolve claims that the automaker took too long to notify its customers of a defect.

Ford has reached a settlement with NHTSA over a recall of older Escapes last year, agreeing to pay the maximum $17.35 million fine to resolve claims that the automaker took too long to notify its customers of a defect.

A version of Ford Motor Co.’s popular F-150 pickup truck can be prepped to run on natural gas as well as gasoline for the 2014 model year, a move the automaker says it’s making in response to customer demand.

Automakers have embarked on an ambitious drive to hire software “codaholics,” an effort that is increasingly pitting Detroit against its technology partners in Silicon Valley. Photo credit: Reuters
The smaller second-quarter European losses posted last week by General Motors and Ford Motor Co. appeared to signal that the region’s car market has reached its nadir and is beginning to heal.
But neither automaker seems to believe that — or at least they’re not banking on a market rebound to cure the weak demand and capacity glut that drained nearly $2 billion from each company last year.

Ford Motor Co. is recalling 33,021 C-Max hybrid cars because they may not adequately protect occupants’ heads in a crash.