Latest news with #PCM
Daily Record
30-06-2025
- Automotive
- Daily Record
Ford issue recall for 200,000 vehicles which could 'trap' passengers inside
The motoring giant has confirmed safety issues have been reported A major motor company has issued an urgent recall for almost 200,000 vehicles after discovering a fault that could cause passengers to become trapped inside them. Ford Motor Company say it will notify those affected this week. The car manufacturer has notified the USA's National Highway Traffic and Safety Administration (NHTSA) of a problem with some models of the Mustang Mach-E models. Ford told The Express that some UK vehicles are affected by the recall. Safety reports suggested the issue was a software problem involving the latches on rear passenger doors The NHTSA report says: 'Ford Motor Company (Ford) is recalling certain 2021-2025 Mustang Mach E vehicles. 'In the event of a low battery charge, the electronic door latches may remain locked once the driver or front passenger exits and shuts the door, possibly trapping someone who is unable to use the inside door release handles, such as a child in the back seat.' The Mustang Mach-E is one of Ford's flagship electric cars with 197,432 models built between 2021 and 2025 thought to be affected. The recall first came to light after Ford wrote to the NHTSA in Washington last week. The NHTSA notice warns the consequence is an 'inability to enter or exit the vehicle in an emergency' which increases the risk of injury. Ford said that they will be in touch with affected customers soon. Dealers are expected to carry out repairs completely free of charge with any motorists affected likely to hear the news this week. It is thought it will be the end of September before the manufacturer can implement a fix. The NHTSA form reads: 'Dealers will update the Powertrain Control Module (PCM) and the Secondary On-Board Diagnostic Control Module C (SOBDMC) software, free of charge. 'Interim letters notifying owners of the safety risk will be mailed June 23, 2025. Second letters will be mailed once the remedy is available, anticipated for September 29, 2025.' Drivers of the Mustang Mach-E models may be able to identify some quick warning signs before an issue develops. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. Consumer Reports admits owners may notice the SYNC infotainment screen displaying a 'system off to save power' warning or a blank screen when the power is in the 'off' position. Experts said that this could signal an imminent issue to owners. Another major warning flag is if occupants begin to notice that the inside release handle needs to be pulled further back than usual to open the door. Earlier this month, Ford issued one of its largest recalls affecting more than 1 million vehicles. It was due to safety concerns amid problems with the rear camera system. This defect mainly affects the SYNC 4 system and has been considered a real threat to road safety, increasing the risk of a crash. The issue pertains to the cameras freezing, lagging, or not turning on when the vehicle starts reversing. The recall impacts all models with the SYNC 4 system that were manufactured between 2021 and 2025, according to Reuters.
Yahoo
24-06-2025
- Automotive
- Yahoo
Ford recalls nearly 200,000 vehicles. See impacted models.
Ford is recalling nearly 200,000 vehicles after a locking mechanism could make it hard for backseat passengers to escape in the case of an emergency, according to The National Highway Traffic Safety Administration. "In the event of a low battery charge, the electronic door latches may remain locked once the driver or front passenger exits and shuts the door, possibly trapping someone who is unable to use the inside door release handles, such as a child in the back seat," the NHTSA stated. The recall, which is under National Highway Traffic Safety Administration Safety Issue ID 25V404000, includes certain 2021-2025 Mustang Mach E vehicles. There are potentially 197,432 affected vehicles. Here's what you should know. Certain 2021-2025 Mustang Mach E are being recalled by Ford. When the car has a low battery charge, it could trap people in the backseat inside the vehicle "as door latches may remain locked once the driver or front passenger exits and shuts the door." "The inability to enter or exit the vehicle in an emergency increases the risk of injury," Ford said. Owners of the recalled vehicles should take their cars back to the dealerships. Dealerships have been instructed to update the Powertrain Control Module (PCM) and the Secondary On-Board Diagnostic Control Module C (SOBDMC) software, according to Ford's recall notice. To check if your car has been recalled, visit the NHTSA website. There, you can the vehicle's license plate, VIN number, or year, make and model to search for recalls associated with the car. Julia is a trending reporter for USA TODAY. Connect with her on LinkedIn, X, Instagram and TikTok: @juliamariegz, or email her at jgomez@ This article originally appeared on USA TODAY: Ford recalls nearly 200,000 vehicles over faulty door latches
Time of India
24-06-2025
- Business
- Time of India
Kalpataru raises ₹708 crore from anchor investors ahead of IPO launch
NEW DELHI: Mumbai-based Kalpataru has raised ₹708 crore from a nine anchor investors, ahead of the opening of its ₹1,590 crore initial public offering (IPO) scheduled for June 24–26, 2025. The anchor allotment was executed at the upper end of the price band—₹414 per equity share. The price band for the IPO is set at ₹387 to ₹414 per share. Among international investors, GIC (Singapore) and GSS Opportunities Investment, affiliated with Bain Capital , were allocated a significant portion. Domestic institutions in the anchor tranche included SBI Mutual Fund, ICICI Prudential Mutual Fund, SBI General Insurance, Aditya Birla Sun Life Insurance, and 360 ONE WAM, among others. A total of 1,71,09,783 equity shares of face value ₹10 were allotted through the anchor investor segment. Robust financial metrics and institutional confidence According to the company's regulatory filings, pre-sales and collections grew at a CAGR of 23% and 31%, respectively, between FY22 and FY24. Collections in the first nine months of FY25 stood at ₹2,621 crore, nearly equalling FY24's total. Despite accounting losses due to revenue recognition norms under the Project Completion Method (PCM), the company has already turned profitable in 9M FY25, with EBITDA margins expanding to 32% from 23% in FY24. Average realization has also seen a sharp rise—up 38% from ₹9,600 in FY22 to ₹13,300 as of YTD December 2024. Out of 25 million sq ft of ongoing projects, approximately 70% of the inventory is already sold, with around 10 million sq ft scheduled for delivery by FY27. Kalpataru has a track record of achieving ~90% inventory sales by OC (Occupancy Certificate), providing strong near-term cash flow visibility. IPO structure and use of proceeds According to the offer document, ₹1,192.5 crore of the net IPO proceeds are earmarked for repayment or prepayment of debt, with the balance allocated to general corporate purposes. Lead managers and market strategy ICICI Securities , JM Financial, and Nomura Financial Advisory and Securities India are acting as the book running lead managers (BRLMs) for the issue.
USA Today
24-06-2025
- Automotive
- USA Today
Ford recalls nearly 200,000 vehicles. See impacted models.
Ford is recalling nearly 200,000 vehicles after a locking mechanism could make it hard for backseat passengers to escape in the case of an emergency, according to The National Highway Traffic Safety Administration. "In the event of a low battery charge, the electronic door latches may remain locked once the driver or front passenger exits and shuts the door, possibly trapping someone who is unable to use the inside door release handles, such as a child in the back seat," the NHTSA stated. The recall, which is under National Highway Traffic Safety Administration Safety Issue ID 25V404000, includes certain 2021-2025 Mustang Mach E vehicles. There are potentially 197,432 affected vehicles. Here's what you should know. What vehicles are being recalled? Certain 2021-2025 Mustang Mach E are being recalled by Ford. Why are Mustangs Mach E being recalled? When the car has a low battery charge, it could trap people in the backseat inside the vehicle "as door latches may remain locked once the driver or front passenger exits and shuts the door." "The inability to enter or exit the vehicle in an emergency increases the risk of injury," Ford said. How to fix the Mustang Mach E Owners of the recalled vehicles should take their cars back to the dealerships. Dealerships have been instructed to update the Powertrain Control Module (PCM) and the Secondary On-Board Diagnostic Control Module C (SOBDMC) software, according to Ford's recall notice. Check if your car has been recalled To check if your car has been recalled, visit the NHTSA website. There, you can the vehicle's license plate, VIN number, or year, make and model to search for recalls associated with the car. Julia is a trending reporter for USA TODAY. Connect with her on LinkedIn, X, Instagram and TikTok: @juliamariegz, or email her at jgomez@
Indianapolis Star
24-06-2025
- Automotive
- Indianapolis Star
Ford recalls nearly 200,000 vehicles. See impacted models.
Ford is recalling nearly 200,000 vehicles after a locking mechanism could make it hard for backseat passengers to escape in the case of an emergency, according to The National Highway Traffic Safety Administration. "In the event of a low battery charge, the electronic door latches may remain locked once the driver or front passenger exits and shuts the door, possibly trapping someone who is unable to use the inside door release handles, such as a child in the back seat," the NHTSA stated. The recall, which is under National Highway Traffic Safety Administration Safety Issue ID 25V404000, includes certain 2021-2025 Mustang Mach E vehicles. There are potentially 197,432 affected vehicles. Here's what you should know. Certain 2021-2025 Mustang Mach E are being recalled by Ford. When the car has a low battery charge, it could trap people in the backseat inside the vehicle "as door latches may remain locked once the driver or front passenger exits and shuts the door." "The inability to enter or exit the vehicle in an emergency increases the risk of injury," Ford said. Owners of the recalled vehicles should take their cars back to the dealerships. Dealerships have been instructed to update the Powertrain Control Module (PCM) and the Secondary On-Board Diagnostic Control Module C (SOBDMC) software, according to Ford's recall notice. To check if your car has been recalled, visit the NHTSA website. There, you can the vehicle's license plate, VIN number, or year, make and model to search for recalls associated with the car.
