The investigation covers 2004 to 2007 Crown Victoria, Grand Marquis and Marauder models.
NHTSA says a heat shield in the car can rust, dislodge and cause the steering shaft to jam. It has received 5 complaints about the issue and knows of one injury.
In that case, the steering froze as a driver entered a high entrance ramp, causing the car to roll over and cause injuries. Ford Motor Co. Says it will cooperate with the NHTSA on the investigation.
Ford shares rose 14 cents to USD 17.34 in morning trading today. They have risen more than 11 per cent in the past three months.