Summary
Ford Motor Company (F) has filed an 8-K report detailing a significant field service action concerning fuel injectors in a range of popular vehicles, including the Bronco Sport, Escape, and Kuga models, spanning various model years from 2019 to 2024. The company estimates the aggregate cost of addressing this issue to be approximately $570 million. This expense is slated to be recognized in Ford's second quarter 2025 financial results.
Key Highlights
- 1Ford is initiating a field service action for fuel injectors in certain 2021-2024 Bronco Sport, 2020-2022 Escape, and 2019-2024 Kuga vehicles.
- 2The estimated cost of this service action is approximately $570 million.
- 3The expense will be recorded in Ford's second quarter 2025 financial results.
- 4Ford will treat the cost as a special item, excluding it from key adjusted financial metrics.
- 5Adjusted EBIT, adjusted earnings per share, and adjusted free cash flow will not be impacted by this expense.
- 6This disclosure is made under Regulation FD.