Consumer Cyclical Sector Review: NHTSA Throttles Ford

Ford Motor Company (NYSE:F): The NHTSA will expand its investigation into stuck throttles in another $1.56M Ford (NYSE:F) vehicles, reports Detroit News. It had originally opened a preliminary investigation into 360,000 Ford Taurus sedans this past Sunday.

The shares closed at $12.70, up $0.27, or 2.17%, on the day. Its market capitalization is $48.27 billion.

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To contact the reporter on this story: Stella Mariz at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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