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FILE – This Oct. 24, 2021 file photo shows a Ford company logo on a sign at a Ford dealership in southeast Denver.
DETROIT (AP) — Ford is expanding a recall of SUVs and telling owners to park them outside after a series of engine fires that can happen even when the ignition switches are off.
The company also announced Friday that it’s recalling another 100,000 SUVs in the U.S. for a different problem that also causes engine fires.
In May Ford recalled about 39,000 Ford Expedition and Lincoln Navigator large SUVs in the U.S. and told owners to park them outdoors and away from buildings. On Friday the company expanded that recall to cover more than 66,000 vehicles from the 2021 model year after getting reports of five more fires.
At the time of the first recall, Ford didn’t know what was causing the fires. But on Friday the company said it has traced the cause to printed circuit boards that are susceptible to an electrical short. The company says it has reports of 21 fires and one injury, but no reports of fires extending to buildings.
The circuit boards are part of the battery junction box. Dealers will check the box for melting damage and replace it if needed. They’ll also remove or repair a cooling fan ground wire that connects to the junction box. Parts are expected to be available in early September.
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The other recall covers certain 2020 through 2022 Ford Escape and Lincoln Corsair SUVs as well as some Ford Maverick small pickups. All have 2.5-liter hybrid or plug-in hybrid powertrains.
Ford says if the engine fails, significant amounts of oil and fuel vapor can leak onto hot parts, causing a fire. The company says it has 23 reports worldwide of fires while the engines are on, but no injuries.
Engines can fail due to a crankshaft machining problem. That problem has been fixed in production, but the recalled vehicles could have it.
The recall repair doesn’t address the engine failures. Ford said in a statement that engine failures are rare with 0.17 repairs per 1,000 vehicles.
Dealers will add drain holes to an under-hood shield and change the active grille shutters to allow more air flow and reduce under-hood temperatures to below the ignition points of fuel vapor or engine oil.
Owners will be notified starting Aug 8.
Owners check to see if their vehicles are affected by going to https://www.nhtsa.gov/recalls https://www.nhtsa.gov/recalls and typing in their 17-digit vehicle identification number.
Popular cars that are still (relatively) affordable
Popular Cars That Are Still (Relatively) Affordable
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Photo Credit: Andrew Zaikovskyi / Shutterstock
Inflation has hit many sectors of the economy hard over the last year, but few categories can compare to the automotive industry.
Economic experts debate how much the current period of inflation has come from increased consumer demand and how much has been caused by constraints on supply. In the vehicle market, both forces are clearly at play. Low interest rates, federal stimulus payments, and better-than-expected economic conditions throughout the pandemic gave households more money to spend on big purchases like cars. But the unpredictable spread of COVID-19 has made it more difficult for carmakers to meet demand. Due to difficulties sourcing materials and keeping plants staffed amid the pandemic, both automotive parts manufacturers and car factories themselves have frequently been forced to shut down or operate at reduced capacity. As a result of these issues, new vehicle supply is down 59% compared to this time in 2021.
The scarcity of new vehicles has driven up prices for current models. But this has also had a major effect on prices in the market for pre-owned vehicles. With fewer new cars available, consumers have been competing for used models, which has sent used car prices increasing even faster.
Used car prices rose at the fastest rate on record in Q1 this year
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Year-over-year increases in used car prices have topped 30% for each of the last four quarters, reaching an all-time quarterly high of 39% in Q1 of 2022. Annual inflation in the used vehicle market had not topped 10% since 2010, early in the recovery from the last recession, and one would have to look to the Great Inflation period of the 1970s to see increases comparable to those in the current market.
Used minivans have experienced the largest price surge in recent months
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And some types of used vehicles are seeing rates of inflation even greater than the overall average. Used SUVs, trucks, and crossovers—where carmakers have produced more inventory in recent years in response to changing consumer tastes—all have seen median price increases below 40% for the 2020 model year. Minivans and sedans, in contrast, have had the largest price increases in recent months at 47.5% and 45%, respectively. And with gas prices setting record highs in recent months, competition in these comparatively fuel-efficient categories could continue to keep prices elevated in the near future.
The current market is challenging for any buyer seeking out a used vehicle, but some recent makes and models have seen slower price increases than others. To determine the most popular cars that are most affordable, researchers at CoPilot calculated the difference between the current market price and the original price forecast for 100 of the most popular model year 2020 used vehicles on the market.
Here are 10 popular used cars that have gone up the least in price.
10. Jeep Wrangler Unlimited
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Photo Credit: Cheri Alguire / Shutterstock
- Current price premium (%): +29.0%
- Current price premium ($): +$10,126
- Current price: $45,052
- Original price forecast: $34,926
9. Subaru Outback
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Photo Credit: Everyonephoto Studio / Shutterstock
- Current price premium (%): +28.9%
- Current price premium ($): +$7,959
- Current price: $35,480
- Original price forecast: $27,521
8. Toyota Tundra
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Photo Credit: RicoPatagonia / Shutterstock
- Current price premium (%): +28.1%
- Current price premium ($): +$10,652
- Current price: $48,524
- Original price forecast: $37,872
7. Lexus RX
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Photo Credit: BoJack / Shutterstock
- Current price premium (%): +27.4%
- Current price premium ($): +$10,773
- Current price: $50,144
- Original price forecast: $39,371
6. Lexus NX
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Photo Credit: Iurii Vlasenko / Shutterstock
- Current price premium (%): +26.2%
- Current price premium ($): +$8,380
- Current price: $40,346
- Original price forecast: $31,966
5. BMW 5 Series
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Photo Credit: RoClickMag / Shutterstock
- Current price premium (%): +26.1%
- Current price premium ($): +$10,788
- Current price: $52,165
- Original price forecast: $41,377
4. Toyota 4Runner
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Photo Credit: lzf / Shutterstock
- Current price premium (%): +25.3%
- Current price premium ($): +$8,864
- Current price: $43,932
- Original price forecast: $35,068
3. Honda Pilot
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Photo Credit: Bandersnatch / Shutterstock
- Current price premium (%): +24.7%
- Current price premium ($): +$7,860
- Current price: $39,653
- Original price forecast: $31,793
2. Subaru Crosstrek
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Photo Credit: Jfern Visions / Shutterstock
- Current price premium (%): +24.3%
- Current price premium ($): +$5,994
- Current price: $30,683
- Original price forecast: $24,689
1. Acura MDX
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Photo Credit: Andrew Zaikovskyi / Shutterstock
- Current price premium (%): +22.8%
- Current price premium ($): +$8,315
- Current price: $44,777
- Original price forecast: $36,462
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