Ford Recalls Over 850,000 Cars in the US
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What implications does this carry for Ford and investors? The consequences are serious. Quality issues could damage consumer trust and increase warranty and recall costs. Ford stock remains down approximately 15% over the past 12 months,
Ford (NYSE: F) has made a name for itself as the recall leader of the car industry. Its warranty financial troubles also trigger huge hits to its earnings. A new recall includes over 850,000 vehicles which have a risk of a fuel pump failure.
Several major automakers have announced new vehicle safety recalls affecting hundreds of thousands of vehicles, ranging from luxury sports cars to family S
Subscribe to TheStreet's free daily newsletter💰💵 These changes pushed major automakers such as Ford and Toyota to announce price increases — and that came before Trump announced a new 50% tariff on copper imports,