The National Highway Traffic Safety Administration says it is investigating steering problems in about 500,000 Ford cars.
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.
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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.