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Last Updated: Tuesday, 13 April, 2004, 18:25 GMT 19:25 UK
Ford recalls sports utility model
Ford Escape
The Ford Escape aims to be fun to drive
Ford is recalling 363,440 of its Escape US compact sports utility vehicle as a result of a stalling problem.

Those vehicles affected are fitted with 3.0 litre V6 engines and made between 2001 and early 2003.

Ford said it had received reports of eight alleged minor accidents caused by the stalling, which can happen while decelerating below 40 miles per hour.

Despite the recall, Ford said the stalling problem posed "no unreasonable risk of accident or injury".

It said three of the alleged accidents included allegations of minor injuries.

The Escape is one of Ford's most popular models in the US and it recently announced a hybrid version that runs on both gasoline and electricity.

Ford's share price fell 31 cents to $13.38 on the recall announcement.

In January it reported a $793m (�430m) loss for the fourth quarter of 2003 after it was hit by the cost of job cuts in Europe and a new supply deal.




SEE ALSO:
Ford to open second China plant
23 Feb 04  |  Business
Job losses as Ford plant shuts
26 Jan 04  |  Essex
Ford sees big increase in losses
22 Jan 04  |  Business
Fresh jobs threat at Ford
18 Jul 03  |  Business
Ford profits fall
16 Jul 03  |  Business


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