Ford recalls over a million trucks

2017 Ford Super Duty

The F-series pickup line, which analysts say hauls in the bulk of Ford's profits, will underwrite much of the investment the company is making in new technology to compete in the autonomous age. Ford testing shows that the faulty latches are failing after exposure to water, which could cause the door to open randomly.

2015-17 F-150, built at Dearborn Assembly Plant, March 12, 2014 to December 31, 2016.

The company intends to add a water shield to the side door latches, to prevent any further issues.

A Ford spokeswoman, Elizabeth Weigandt, said customers would be notified next month but did not have a timetable for when parts will be available.

Weigandt said Ford's decision to issue a recall is driven by data. If consumers are able to open and close such doors, the door may appear closed, but the latch may not fully engage, increasing the risk for a possible injury.

Despite the hit, Ford said that it still expected to earn between $1.65 and $1.85 per share for the full year.

Ford has previously disclosed plans to spend $935 million on other recalls announced since August 2016.

The problem is a door latch issue that could allow the door to open while the truck is in motion.

Ford Motor Co. said it will recall 1.3 million recent model year F-Series trucks in a move that will cost the automaker $267 million.

Related News: