Porsche Recalls 340,000 Cars Due to Parking Problem

Reuters
By Reuters
June 26, 2019Business News
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Porsche Recalls 340,000 Cars Due to Parking Problem
A Porsche logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland on March 5, 2019. (Pierre Albouy/File Photo via Reuters)

BERLIN—Volkswagen’s sports-car brand Porsche has to recall almost 340,000 Cayenne and Panamera vehicles due to problems with their automatic transmission, the German company said on Tuesday.

A Porsche spokesman said the cars might roll when parked due to a potentially fragile part in the connection between the gear lever and transmission.

Porsche Panamera
Porsche Panamera is displayed during the second press day at the 89th Geneva International Motor Show in Geneva, Switzerland on March 5, 2019. (Robert Hradil/Getty Images)

Almost 100,000 of the affected vehicles, which date back to 2002, are in the United States and almost 25,000 in Germany.

Recent Auto Recall

Ford Recalls 1.2 Million Explorer SUVs

Ford Motor Co said on Wednesday it is recalling 1.2 million Explorer sport utility vehicles in the United States for a potential suspension defect that could lead to reduced steering control.

The second largest U.S. automaker said the recall covers 2011-2017 model year Explorers that could experience a fractured rear suspension toe link that could increase the risk of a crash.

Ford Explorer recall
The 2016 Ford Explorer is shown during the model’s world debut at the Los Angeles Auto Show in L.A., Calif., on Nov. 19, 2014. (Lucy Nicholson/Reuters)
Ford Explorer recall
The 2016 Ford Explorer is shown during the model’s world debut at the Los Angeles Auto Show in L.A., Calif., on Nov. 19, 2014. (Lucy Nicholson/Reuters)

Ford said one customer reported hitting a curb when the toe link broke but it not aware of any reports of injury.

Ford said the $180 million cost, which will be incurred by its North America business unit, will be taken in the second quarter. The company said it continued to expect adjusted earnings before interest and taxes to be higher than in 2018.

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