By ALAN FOSTER By ALIAN BERGERALBy ALAN BERBERALALBy AMY MARTINThe Associated PressFor a carmaker that has long been seen as a symbol of America’s technological prowess, Ford Motor is in the midst of a crisis of confidence.
The company has been grappling with a recall of some 5 million vehicles in the United States and Canada and has said it is also investigating possible tampering in some of its emissions systems.
Ford is trying to put the recall of the Fiesta and Lincoln MKZs back on track with a deal with automakers including General Motors Co., Chrysler Group Inc. and Toyota Motor Corp. to fix faulty air bags and other vehicle systems.
But the company is now in the middle of a new crisis of faith.
Ford has been in the spotlight since a 2015 federal grand jury report found that it improperly sold its ignition switches to automakers including GM and Chrysler, and that the automaker paid kickbacks to those companies for selling the switches to Ford.
The report was criticized by President Donald Trump, who called the findings “shocking.”
The company was also ordered to pay $9.7 billion in fines by the Justice Department.
Ford has since appealed those decisions, and its share price has fallen.
The automaker is facing a fresh scandal after an internal probe by a whistleblower in November found that some of the faulty airbags in the MKZ and Ford Fusion are defective, and it is seeking a recall to address the problem.
The probe by the U.S. government found that the faulty sensors in the MkZ and Fusion sensors caused the vehicles to emit excessive amounts of nitrogen oxide, which is considered hazardous.
The U.N. committee investigating the emissions scandal has said that the vehicles may have caused more than 100 deaths.
Ford’s CEO, Mark Fields, has called the investigation “unprecedented” and said it would be “impossible” to resolve it.
The company has also said that it will not admit to any wrongdoing in the probe.
But Ford’s stock price has been on a tear, rising more than 7% on Friday to close at $28.26.
Ford shares closed at $30.10.
The investigation into the MKLZ and Fiesta sales, which the Justice and the US.
Department launched in January, was led by former General Motors engineer and Ford consultant Andrew Denton.
Denton was fired from GM in December.
The government’s investigation into faulty ignition switches in the Fiesta is being led by Ford’s chief of internal research, Brian Wiedenheft.
Ford said it plans to have the company submit a formal response to the probe by May 30.
Ford was one of the first companies to report that faulty air bag inflators were causing the deaths of at least two people in the U, Mexico and Canada in the early years of the crisis.