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Ford recalls 1.39 million F-150 pickups over transmission flaw

Wall Street Journal Markets •
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Ford is recalling up to 1.39 million F-150 pick‑ups because a transmission fault can cause unexpected downshifting and loss of vehicle control. The recall covers certain 2015‑2017 models and stems from a lost signal between the transmission range sensor and the powertrain control module.

When the signal fails, the module may command a downshift into second gear, a maneuver that can catch drivers off guard and lead to accidents. Safety regulators have flagged the issue as a potential liability for Ford, which must address consumer risk promptly.

Dealers will install updated software in the powertrain control module to restore signal integrity. Owners receive notification letters by April 27, with a second mailing once the final remedy is ready, projected for July. Ford expects the fix to be performed at no cost to customers, limiting direct expense.

The recall touches roughly 1% of U.S. light‑truck sales and could press quarterly earnings as parts inventory and service capacity are strained. Resale values for affected F-150s may dip short‑term, while investors watch Ford's quality track record for signs of broader operational risk. The company faces heightened scrutiny from both regulators and consumers.