Ford is recalling more than 570,000 vehicles in North America and Europe to fix separate problems that can cause engine fires and doors to fly open unexpectedly, ABC News reported.
The recalls will hit the company's bottom line in the first quarter of this year. Ford said in a Wednesday filing with securities regulators that the recalls will cut pretax earnings by $295 million.
The engine fire recall covers over 360,000 vehicles in North America and Europe. In North America it includes Escape SUVs from the 2014 model year, plus the 2014 and 2015 compact Fiesta ST, the 2013 and 2014 Fusion midsize car and the 2013 through 2015 Transit Connect small van. In Europe, the recall covers the 2010 through 2015 C-Max hybrid and Focus small car, and the 2013 through 2015 Transit Connect van. All the vehicles have 1.6-Liter four-cylinder turbocharged engines.
The company also is adding 211,000 vehicles to a 2015 recall to replace faulty door latches. That recall covers the 2014 Fiesta and the 2013 and 2014 Fusion and Lincoln MKZ. The expansion brings the total from the 2015 recall to nearly 757,000.
The company recalled more than 2.3 million vehicles last fall because their door latches weren't working properly. That recall included the 2012-2015 Ford Focus and the 2013-2015 Ford Escape and C-Max. Last year door latch recalls cost the company $640 million.

Source: QNA