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Ford recalls 19.5M vehicles, dwarfing rivals, amid CEO's push to block Chinese EVs in US.

Market News
17 Apr 2026
24/7 Wall Street
View Source
Bearish
pluang ai news

Ford recalled 19.5 million vehicles from April 2025 to March 2026, far exceeding all other US-selling automakers combined, highlighting significant quality issues. This massive recall has cost Ford hundreds of millions, including a $600 million charge last year, and threatens to hurt sales and earnings. CEO Jim Farley focuses on lobbying to keep Chinese electric vehicles out of the US, citing their lower cost and better features due to government support. Despite this, Ford's biggest immediate challenge remains improving its vehicle quality to regain customer trust and financial stability.

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