The Ford Motor Company has identified a problem affecting no fewer than 741,195 large vehicles produced for the United States market. In the subject pickup trucks and sport utility vehicles, the transmission's parking pawl may engage when the vehicle is in motion, damaging the park system in the process.

Ford Motor F-0.46%decrease; down pointing triangle is recalling more than 740,000 vehicles due to a transmission and parking system issue, federal regulators said.