The recalls will hit the company's bottom line in the first quarter of this year.
The engine fire recall covers over 360,000 vehicles in North America and Europe.
Affected vehicles include 2014 Ford Fiesta, 2013-14 Ford Fusion and 2013-14 Lincoln MKZ vehicles. In Europe, the recall covers the 2010 through 2015 C-Max hybrid and Focus small auto, and the 2013 through 2015 Transit Connect van. Ford said a lack of coolant circulation can cause the engines to overheat, cracking the cylinder head. Add a hot surface into the mix, and you introduce a chance of engine fires.
The biggest lot of the grand total sees 230,756 automobiles being recalled in the United States, Canada, and Mexico due to 29 reports of under-hood fire. Ford said continued operation of those vehicles could result in fractured tranmissions or driveline components, which could cause power loss while driving or unintended moving while parked.
Ford will mail customers instructions on how to check and refill the coolant. Dealers also will check coolant levels for owners.
Ford previously modified the cooling system and installed new software to prevent overheating, but this time it doesn't appear to have a fix to plug the leaks.
Auto industry giant Ford has issued safety recalls for almost half a million vehicles.
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The company recalled more than 2.3 million vehicles last fall because their door latches weren't working properly.
2014 Ford Escape manufactured at the Louisville Assembly Plant between February 12, 2013 and September 2, 2014. Dealers are to replace all four side door latches with an improved service door latch.
The Problem: The pawl spring tab in the side door latch could fracture or break, which could cause the door to not latch, increasing the risk of an injury.
Ford said it is not aware of any accidents or injuries associated with this issue in the vehicles included in this supplement to safety action 15S16.
Past year door latch recalls cost the company $640 million.
Auto Writer Dee-Ann Durbin contributed to this report.
You can thank mechanical physics for this recall. Subscriptions can be home delivered in print, or digitally read on almost any mobile device or computer, and start as low as 25¢ per day.