Ford is recalling 387,911 SUVs, including 2020-2026 Ford Explorer and 2020-2027 Lincoln Aviator models, due to a defect in the second-row easy-entry seats. The issue may cause seats to tip or slide unexpectedly while driving, increasing injury risk in a crash. Ford will replace the faulty seat switch bezel and housing free of charge at dealerships. Owners will receive notification letters later this month and in January about the recall and remedy process.
Ford's stock has risen 6% this year, beating Tesla's 22% decline, though Ford's market cap is just 4% of Tesla's $1.38 trillion. Ford dominates the U.S. SUV and pickup market with its profitable F-150, while Tesla faces challenges with declining EV s...
President Trump's threat to impose a 50% tariff on Canadian autos and auto parts starting January 1, 2027, is viewed by UBS analysts as a negotiating tactic rather than a firm policy. The tariff threat follows stalled US-Canada trade talks, with larg...
Tesla has increased the price of its Cybertruck models by $5,000, with the dual motor and premium all-wheel drive versions now priced at $74,990 and $84,990 respectively. This price hike comes amid sharply declining sales, with Cybertruck deliveries ...
President Trump announced a 50% tariff on Canadian vehicles and auto parts effective January 1, 2027, causing Ford and Stellantis shares to drop 4%, and General Motors to fall 2%. The tariffs follow failed US-Canada trade talks and aim to address a $...
