Have you been following the Ford transmission settlement updates in 2022? If you own a Ford vehicle with a faulty transmission, this news is important for you. The settlement agreement between Ford and its customers has been ongoing for several years now, and there have been several updates and changes along the way. In this article, we will provide you with the latest information on the Ford transmission settlement and what it means for Ford vehicle owners.
The Background of the Ford Transmission Settlement
In 2019, Ford was hit with a class-action lawsuit due to transmission problems in its vehicles. The lawsuit claimed that the automaker's PowerShift dual-clutch transmission was defective and caused the vehicles to slip, jerk and hesitate during acceleration. The lawsuit was filed by owners of 2012-2016 Ford Focus and 2011-2016 Ford Fiesta vehicles. The lawsuit was filed in the U.S. District Court for the Northern District of California and was settled for $35 million.
The settlement agreement included several provisions for Ford vehicle owners. The agreement provided customers with an extended warranty for the transmission control module and clutch replacement. The extended warranty covers up to 7 years or 100,000 miles, whichever comes first. The settlement also provided for cash payments to customers who experienced transmission problems and had to pay for repairs out of pocket.
The Latest Update on the Ford Transmission Settlement
In 2022, there has been a significant update to the Ford transmission settlement agreement. The extended warranty for the transmission control module and clutch replacement has been extended from 7 years or 100,000 miles to 10 years or 150,000 miles, whichever comes first. This is good news for Ford vehicle owners who may have been worried about their transmission failing after the initial 7-year warranty period.
The updated settlement agreement also includes changes to the cash payment provision. Customers who previously received cash payments for transmission repairs may be eligible for additional payments. The updated settlement allows for additional payments up to $2,325 for customers who have had multiple transmission repairs. The settlement also provides for up to $4,650 in cash payments for customers who have had their vehicle's transmission replaced three times or more.
What You Need to Do if You Own a Ford Vehicle
If you own a Ford vehicle with a PowerShift dual-clutch transmission and have experienced transmission problems, you may be eligible for benefits under the settlement agreement. To determine if you are eligible, you should check the VIN (vehicle identification number) of your vehicle on the settlement website. If your vehicle is included in the settlement, you should contact your local Ford dealer to schedule repairs or replacement of your transmission.
If you have previously paid for transmission repairs out of pocket, you may be eligible for cash payments under the settlement agreement. You should file a claim on the settlement website to determine your eligibility for cash payments.
Conclusion
The Ford transmission settlement agreement has been ongoing for several years and has gone through several updates and changes. The most recent update in 2022 provides extended warranty coverage and additional cash payments for customers who have experienced transmission problems. If you own a Ford vehicle with a PowerShift dual-clutch transmission, you should check the settlement website to determine your eligibility for benefits and contact your local Ford dealer for repairs or replacement of your transmission.
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