Ford Can’t Stop Recalling Cars, Ruining Its Image

247wallst
2025.08.02 15:34
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Ford has recalled 321,000 vehicles due to a brake issue, adding to its record number of recalls in 2025, totaling 88 in the first half of the year. This has significantly impacted consumer confidence and Ford's financial results, with warranty costs reaching hundreds of millions. CEO Jim Farley acknowledged the competitive edge of Chinese EVs over US models, as Ford struggles with its EV sales and plans to announce a new strategy for the market.