Ford is recalling 110,626 vehicles in the US across two safety campaigns involving certain Mustang, Mustang GTD, and Mustang Mach-E models. One recall affects 67,842 Mustangs and Mustang GTDs due to windshield wiper issues in cold weather that may reduce visibility and increase crash risk. Another recall covers 42,784 Mustang Mach-E vehicles with a rear differential pinion shaft defect that could cause loss of drive power or unintended movement, raising crash risks if the parking brake is not applied. Dealers will fix the issues free of charge. This recall highlights ongoing safety concerns for Ford models and could impact consumer confidence.
Jefferies has upgraded Ford and General Motors to 'Buy' ratings, citing improving earnings prospects, stronger free cash flow, and progress on operational challenges. Ford's price target was raised to $17.50 ahead of its Q2 earnings, with expectation...
Ford is growing its accessory and parts business to increase profits and capture more of the $53 billion U.S. automotive aftermarket. The company plans more exclusive product launches, similar to "Nike shoe drops," starting with a limited-edition For...
Jefferies upgraded Ford Motor Company to 'Buy' with a $17.50 price target, suggesting a 22% gain from its current price of $14.35. Ford's attractive 4.24% dividend yield outperforms the S&P 500 average and rivals like General Motors. The company’s st...
This week, U.S. markets focus on the Federal Reserve's July meeting, key inflation data like Core PCE, and second-quarter GDP figures, alongside major tech earnings from Microsoft, Meta, Apple, and Amazon. Rising oil prices and geopolitical tensions ...
Ford has recalled over 500,000 Bronco SUVs made between 2021 and 2026 due to a wiring defect that could cause engine fires. The recall includes some Bronco Raptors and follows reports of at least 15 fire incidents linked to the wiring harness, though...
