Ford recalled roughly 2 million trucks on Thursday after an investigation showed seat-belt components on the vehicles could produce smoke or catch fire in an accident.
To date, there have been 17 reports of smoke or fire in the U.S. and six in Canada, but none of the incidents resulted in injuries, the Dearborn, Mich.-based car maker said in a statement.
Ford said its investigation “found that some front seat-belt pretensioners can generate excessive sparks when they deploy.” The pretensioner is the part of the seat belt that locks during an accident.
While the majority of the affected trucks are in the U.S., nearly 400,000 vehicles in Canada and 36,780 in Mexico will be impacted by the recall. It will impact Ford F-150s produced at plants in Dearborn and Kansas City from 2014-2018.
Ford expects costs as high as $140 million, according to a federal filing, but said that won’t significantly impact overall profits for 2018. The company’s stock fell slightly, touching $9.48 in New York trading.
Revenue at Ford dropped 2.3 percent to $38.9 billion in the three-months through June. The bulk of the sales were in North America, where sales of F-Series trucks topped 236,000.
