Ford Motor (F) to Recall Certain 2018-2023 Vehicles, Sees $270M in Costs
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Ford (F) delays European Explorer production
September 5, 2023 8:03 AM EDTOn Monday, Ford Motor (NYSE: F) shared that they're pushing back the production of their long-awaited Explorer SUV in Cologne by about six months. The reason behind this move, as explained by Ford's Germany chief, is to wait for the new generation of Volkswagen battery tech to become available.
The... More
Ford (F) to spend $270M in rear camera recall
September 1, 2023 1:41 PM EDTOn Friday, Ford (NYSE: F) announced its plan to recall 169,000 vehicles in the United States for the purpose of replacing rearview cameras and performing software updates. To cover the costs associated with this recall, the company is earmarking a charge of $270 million.
According to the National Highway Traffic Safety Administration, the... More
