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Ford's BlueCruise Under NHTSA Lens After Fatal Crashes: Report

Author: Shivani Kumaresan | April 29, 2024 11:15am

The National Highway Traffic Safety Administration (NHTSA) is reportedly launching an investigation into Ford Motor Co’s (NYSE:F) hands-free driving technology BlueCruise technology following two fatal crashes involving Ford Mustang Mach-E SUVs.

The NHTSA’s probe into approximately 130,000 Ford Mustang Mach-E 2021-2024  model vehicles is the initial step to assess potential safety risks, according to a report from Reuters.

Also ReadFord Rides On The Strength Of Pro, Says Analyst

The National Transportation Safety Board (NTSB) is separately investigating two Mach-E crashes, including one in San Antonio, Texas, on February 24, resulting in a fatality, the report added.

NHTSA’s preliminary findings confirm BlueCruise activation just before the Philadelphia collision on March 3.

Also SeeAuto Watchdog Intensifies Probe Into Tesla’s Autopilot Recall As Safety Concerns Mount

Ford’s BlueCruise offers advanced hands-free driving on 97% of U.S. and Canadian highways, integrating driver monitoring systems for attentiveness.

The NHTSA inquiry extends to Mach-E vehicles equipped with Co-Pilot360 Active 2.0, including BlueCruise, introduced in 2021.

NHTSA will assess the system’s performance in dynamic driving tasks and driver monitoring, the report further noted.

Ford stock gained more than 4% in the last 12 months. Investors can find exposure to the stock via Vanguard Total Stock Market Index Fund ETF (NYSE:VTI) and Invesco S&P Ultra Dividend Revenue ETF (NYSE:RDIV).

Also ReadFord Q1 Earnings Highlights: Automaker Beats Street Estimates, Guidance Improves, EV Revenue Falls 84%

Price Action: F shares are trading lower by 1.64% at $12.58 at the last check Monday.

DisclaimerThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo via Shutterstock

Posted In: F RDIV TSLA VTI

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