Ford recall of 3 million vehicles to cost $610 million

Ford recall of 3 million vehicles to cost $610 million

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NHTSA this week ordered the automaker to issue a recall for the late-model vehicles due to potentially defective Takata airbag inflators. Ford separately disclosed it expects to record a pretax remeasurement loss of $1.5 billion in the fourth quarter related to pension and other post-employment benefits plans.

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